Key Points
- Nearly 50% of Ethereum’s outflows are moving to Sui Network.
- SUI’s lower fees and quicker transactions are attracting investors, threatening Ethereum’s supremacy.
The Sui Network is seeing a significant influx from Ethereum, with nearly half of Ethereum’s outflows shifting to it.
This shift indicates rising competition in the crypto market.
Attraction of SUI
Investors are attracted to SUI due to its lower fees and faster transactions. These features are posing a challenge to Ethereum‘s dominance.
This trend may indicate a shift in investor preference in the crypto market.
