1) Sui
The Sui Network has shown remarkable performance, even amidst a recent crypto market crash. While many other blockchain networks experienced declines, Sui recorded significant growth in usage and adoption. Its daily active users have surpassed Ethereum's by a factor of three, and it has also overtaken Mantle in stablecoin supply, indicating a strong influx of liquidity.
🚨BREAKING: Sui just flipped Ethereum in daily active wallets
• @SuiNetwork : 653k+ DAU
• @ethereum : 446k+ DAUNo farming gimmicks. Just real users and real on-chain activity.
The new generation of L1s isn’t coming it’s already here. 💧 pic.twitter.com/IpGheBbK4n
— Sui Corner (@SuiCorner) November 2, 2025
Sui is also attracting a significant number of developers, ranking among the Top 5 globally in new developer growth this year, alongside established networks like Ethereum, Solana, and Bitcoin. This is a substantial achievement for a network that launched only two years ago.
$SUI just entered the big leagues! 🔥
According to Electric Capital, @SuiNetwork ranks Top 5 globally in new developer growth this year – alongside Ethereum, Solana, and Bitcoin.
That’s impressive for an ecosystem that’s barely two years old.
Been keeping an eye on @Talus_Labs… pic.twitter.com/grPkh3tgrZ
— CryptoBusy (@CryptoBusy) November 2, 2025
The ecosystem surrounding Sui has seen substantial development, with October being a particularly strong month. New partnerships, product launches, and continuous updates have marked this period. A notable development is the partnership with Figure Markets to launch YLDS, an SEC-registered yield-bearing stablecoin. This innovative product is legally classified as a security but allows for 24/7 peer-to-peer transferability, bridging traditional finance with DeFi on the Sui network.
YLDS, Figure’s SEC-registered, yield-bearing stablecoin, will be issued natively on Sui.
This partnership brings:
• USD on/off-ramps through YLDS
• SUI as a potential collateral on @Figure
• Compliant, scalable DeFi infrastructureLearn more 👇https://t.co/r3FNaL2Dygpic.twitter.com/7yULoevRNt
— Sui (@SuiNetwork) October 14, 2025
More About $SUI
Further expanding its ecosystem, Sui is set to host Ethena's suiUSDe, a synthetic dollar native to the Sui network, and BlackRock's USDi, a tokenized money market fund. The involvement of major financial players like BlackRock signifies significant potential for the Sui ecosystem.
The countdown begins for suiUSDe arriving on Sui.
Powered by Sui, @officialSUIG, @ethena_labs, Sui’s first income-generating digital dollar native to a non-EVM chain is coming to Sui ⚡️
Sui and @officialSUIG wil use its revenue to purchase more SUI on the open market. pic.twitter.com/rbrxj5DHnS
— Sui (@SuiNetwork) October 1, 2025
Sui's decentralized exchange (DEX) volume reached a new all-time high in October, with total value locked (TVL) consistently remaining above $2 billion, even during market downturns. Projects such as Bluefin, Suilend, and Momentum are contributing to Sui's emergence as a significant DeFi hub. The network has also expanded its reach in DeFi and gaming, integrating with leading protocols like Cetus, Scallop, and Kriya. Sui's TVL has recently crossed $700 million, positioning it as one of the top-performing Layer 1 blockchains this quarter.
@MessariCrypto dropped a deep dive on @Scallop_io.
With $100M+ in TVL and $6M in revenue, Scallop’s DeFi stack keeps gaining momentum. https://t.co/J3nKwDnWWD
— Sui (@SuiNetwork) October 17, 2025
Despite its strengths, Sui faces challenges related to network decentralization, as a significant portion of its activity is concentrated among a limited number of validators. Additionally, while its speed is impressive, its performance at scale with numerous dApps competing for block space remains to be fully tested. Nonetheless, Sui's rapid development and strong partnerships, particularly its focus on on-chain games and digital assets, position it to carve out a unique niche in the blockchain space. At a price point of just over $2, Sui is considered a compelling investment.
2) SEI
Sei Network is a project that has developed a highly specialized blockchain optimized for trading. It is engineered to support real-time financial applications, including decentralized exchanges (DEXs) and on-chain order books.
Sei's primary advantage is its speed, achieved through its "Twin-Turbo Consensus" mechanism, which targets 400-millisecond finality. This rapid transaction settlement is crucial for high-frequency DeFi trading and gaming applications, outperforming many other networks, including Solana in certain scenarios.
Traditional assets are slow, siloed, and confined to market hours.
Tokenized assets trade 24/7, settle in 400ms, and are DeFi-ready.
The $30B tokenization market is just the start – and it’s accelerating on the fastest EVM chain.
Markets Move Faster on Sei. ($/acc) pic.twitter.com/LeYJ7Zsv3m
— Sei (@SeiNetwork) September 1, 2025
Sei excels in DeFi and Real-World Assets (RWAs). It has achieved top-tier TVL efficiency rankings, comparable to Solana, Hyperliquid, and Ethereum, indicating effective utilization of its liquidity. In October alone, Sei recorded over 13 million monthly active addresses and $10 billion in DEX volume over the past year. The network has also secured significant institutional integrations.
There was Solana, Hyperliquid, Ethereum, and then Sei.
Sei is now the fourth-ranked ecosystem by TVL efficiency — the ratio of borrow/lend activity to total TVL — signaling its emergence as a mature, capital-efficient ecosystem.
Markets Move Faster on Sei. ($/acc) pic.twitter.com/eEyYroTlze
— Sei (@SeiNetwork) October 9, 2025
More About $SEI
Sei is also a strong player in RWAs and blockchain gaming. The recent launch of a tokenized fund on Sei by KAIO, in partnership with Laser Digital, a subsidiary of Nomura, brings significant institutional credibility. This collaboration complements existing explorations into RWA tokenization on Sei by major financial institutions such as BlackRock, Apollo, Hamilton Lane, and Brevan Howard.
🚨THE SHIFT IS REAL:
THE WORLD’S BIGGEST FINANCIAL PLAYERS ARE MOVING ON-CHAIN.
AND THEY’RE CHOOSING @SeiNetwork.
BLACKROCK. APOLLO. CIRCLE. PAYPAL. BREVAN HOWARD. ONDO.$SEI IS QUIETLY BECOMING THE COORDINATION LAYER FOR GLOBAL FINANCE.
RWA IS BEING ON-BOARDED.
DEFI IS… pic.twitter.com/WTFfqeuRLS— Merlijn The Trader (@MerlijnTrader) October 29, 2025
In the gaming sector, Sei has achieved significant traction, ranking second in unique active wallets according to DappRadar, with an impressive growth rate of over 86% in a single quarter. However, the network faces certain challenges. The "Giga" upgrade, aimed at increasing transaction processing capacity to 200,000 TPS, is still under development, and its performance at scale is yet to be fully validated. While Sei's DeFi ecosystem is highly efficient, its overall TVL and project count are still less than those of larger blockchains like Solana and Avalanche.
In essence, Sei possesses advanced technology but is still building its user base and ecosystem. A significant development for Sei is its recent listing on Robinhood, which connects its on-chain financial ecosystem to a major global retail liquidity hub. The sustained adoption and performance of Sei will be critical factors as the network matures.
$SEI is now available to trade on Robinhood. pic.twitter.com/BuCeiFBu8N
— Robinhood (@RobinhoodApp) October 30, 2025
3) Solana (SOL)
Solana, an established player in the blockchain space, has demonstrated a remarkable comeback after its significant decline during the FTX saga. The network has experienced a resurgence, marked by record-breaking volumes, booming NFT sales, and a notable increase in developer activity.
The recent launch of two spot ETFs, Bitwise's and Grayscale's $GSOL, which track Solana, signifies a major milestone. This development places Solana on par with Bitcoin and Ethereum in terms of institutional recognition, which is expected to drive substantial institutional adoption.
Introducing $BSOL — the Bitwise Solana Staking ETF. Starts trading tomorrow.
– First U.S. ETP to have 100% direct exposure to spot SOL
– Maximizing Solana’s 7%+ average staking reward rate*
– Targeting 100% of assets staked
– Staking through Bitwise Onchain Solutions, powered by… pic.twitter.com/Vo8Ko0qOCn— Bitwise (@BitwiseInvest) October 27, 2025
Further underscoring its real-world adoption, Western Union has announced its integration with Solana for cross-border payments. The company will launch its $USDPT stablecoin exclusively on Solana, enabling transactions in 150 countries. This partnership represents significant adoption from a global financial services leader.
Grayscale Solana Trust ETF (Ticker: $GSOL) offers investors direct exposure to $SOL, including its potential staking rewards. $GSOL starts trading on @NYSE Arca tomorrow. https://t.co/VnOJrBLbX1pic.twitter.com/w8FVdzM9UX
— Grayscale (@Grayscale) October 29, 2025
Solana's core strengths lie in its speed and scalability, capable of processing over 65,000 transactions per second with minimal fees. It hosts rapidly growing DeFi projects such as Jupiter and MarginFi. However, Solana has faced criticism regarding past network outages, which impacted its reputation. Additionally, some critics argue that the network remains too centralized, with a few validators dominating block production.
Jupiter went from DEX aggregator
To full DeFi platform in just 18 months
It became one of the biggest revenue generated product on Solana
Only in Q3 alone they made $46M
And they keep shipping:
> Jupiter stablecoin
> Prediction market
> Jupnet and jupVMTheir goal is deeper… pic.twitter.com/D6YOlG6GqW
— jussy (@jussy_world) October 23, 2025
Solana is a VC chain
Nothing will ever be able to “fix” that.
If you are working on Solana, you are actually working for a bunch of VCs that got access to $SOL in a private funding round.
You are not working on a decentralized network. pic.twitter.com/zvO6o7ED6S— materkel.eth 🦇🔊 (@materkel) August 7, 2024
Despite these concerns, Solana's market performance is strong. It has become a popular choice for retail traders and meme coins, indicating a resurgence in its ecosystem.
Conclusion
The choice among Sui, SEI, and Solana depends on investment strategy and priorities:
- •For those prioritizing speed and technological innovation, Sei presents itself as a strong contender.
- •For those focusing on developer engagement and ecosystem growth, Sui is a network to watch closely.
- •For those seeking broad adoption and institutional legitimacy, Solana stands out as the leading option.
Each blockchain possesses distinct advantages, risks, and visions for the future of blockchain technology. It is plausible that the future of Web3 will not be dominated by a single chain but rather by a multi-chain ecosystem where each of these networks thrives in its specialized area.