Sui flips soil

Sui [SUI]-based investment products made a strong comeback last week, posting $11.7 million in inflows compared to $0.3 million in the prior week.

Sui [SUI]-based investment products saw a strong comeback last week, posting $11.7 million in inflows compared to $0.3 million in the prior week. Interestingly, last week’s institutional interest in SUI surpassed Solana [SOL], which saw $3.3 outflows, per CoinShares’ weekly flows report.

Sui [SUI]-based investment products saw a strong comeback last week, posting $11.7 million in inflows compared to $0.3 million in the prior week. Interestingly, last week’s institutional interest in SUI surpassed Solana [SOL], which saw $3.3 outflows, per CoinShares’ weekly flows report.

Source: CoinShares

Sui flips SOL

Sui flips soil

Both Sui and Solana have been close rivals and occasionally flipping each other on the institutional flows front.

Both Sui and Solana have been close rivals and occasionally flipping each other on the institutional flows front.

However, SUI has remained fairly dominant on the price performance front, especially in late 2024 and in the recent Q2 2025 recovery.

However, SUI has remained fairly dominant on the price performance front, especially in late 2024 and in the recent Q2 2025 recovery.

Source: SUI/SOL ratio, TradingView

Between last November and mid-January 2025, Sui gained 177% against SOL. It rallied 60% extra against SOL in the recent recovery. In fact, it formed a bullish flag that could lead to an extra 35% rally if validated.

Between last November and mid-January 2025, Sui gained 177% against SOL. It rallied 60% extra against SOL in the recent recovery. In fact, it formed a bullish flag that could lead to an extra 35% rally if validated.

In other words, Sui appeared more primed for better investor returns than SOL.

But do on-chain signals support such a Sui outperformance scenario?

But do on-chain signals support such a Sui outperformance scenario?

Even though Solana was dominant in daily active addresses, TVL (total value locked), and DEX volumes, Sui registered a significantly higher uptick in traction on a year-to-date (YTD) basis.

Even though Solana was dominant in daily active addresses, TVL (total value locked), and DEX volumes, Sui registered a significantly higher uptick in traction on a year-to-date (YTD) basis.

According to Artemis data, Sui’s daily active addresses surged 137% to 1.5 million on a YTD basis, while Solana’s users declined 24% to 3.8 million.

According to Artemis data, Sui’s daily active addresses surged 137% to 1.5 million on a YTD basis, while Solana’s users declined 24% to 3.8 million.

The DEX (decentralized exchange) volume, which tracks speculative activity within the ecosystem, surged nearly 140% while Solana posted only an 8% uptick.

The DEX (decentralized exchange) volume, which tracks speculative activity within the ecosystem, surged nearly 140% while Solana posted only an 8% uptick.

Source: Artemis

In short, the altcoin’s network traction was also reflective of its price outperformance. If the trend continues, it could lead SOL again on the price front.

In short, the altcoin’s network traction was also reflective of its price outperformance. If the trend continues, it could lead SOL again on the price front.

According to crypto analyst Ali Martinez, the altcoin could extend its recovery to its all-time high of $5.4. This suggested a potential 34% jump from the current $4 level.

According to crypto analyst Ali Martinez, the altcoin could extend its recovery to its all-time high of $5.4. This suggested a potential 34% jump from the current $4 level.

For his part, analyst Kaleo noted that the altcoin’s price action mirrored SOL’s trend in the 2020-2021 cycle. As a result, the altcoin could print a new ATH if the correlation stayed positive.

For his part, analyst Kaleo noted that the altcoin’s price action mirrored SOL’s trend in the 2020-2021 cycle. As a result, the altcoin could print a new ATH if the correlation stayed positive.

Source: X

Perhaps, another potential catalyst was the recent Phantom wallet integration with Sui. This would further juice the speculative interest and boost Sui’s DEX volume and overall price.

Perhaps, another potential catalyst was the recent Phantom wallet integration with Sui. This would further juice the speculative interest and boost Sui’s DEX volume and overall price.

Overall, the altcoin has idiosyncratic catalysts to fuel its advance to a new ATH above $5.4. However, any negative macro update could stall the risk-on sentiment and the rally.