GrayScale, a digital asset management company, says that blockchains in one class are the best position to steal market share in Ether Leeum (ETH), the largest smart contract platform of the market cap.
In a new report from Grayscale Research, the company does not depend on the additional scaling layer, like Ethereum, and says, “SUI) provides” one of the highest processing and minimum transaction costs of SUI (Single Layer Network ”.
GrayScale pointed out that SUI is only 0.3%of the cryptocurrency sector of the smart contract platform by market cap. According to the company, the smart contract platform encryption sector index includes encryption assets that serve as a reference platform in which their own execution contract is developed and distributed.
“Although competition is likely to be fierce in the competitive encryption category in the smart contract platform, GrayScale Research thinks that SUI is the third generation blockchain for market leader Ether Leeum over time.”
In writing, SUI has a complete valuation of $ 25.9 billion compared to Ether Lee’s $ 242.9 billion.
GrayScale says.
According to CoinmarketCap, tvL has collected $ 800 million in total value locks (TVL) in about a year, according to the scale of the dollar value of the dollar value of the dollar deposited in the Smart Agreement. SUI maintained about $ 1.8 billion, according to Coinmarkap on July 314. It is the second highest among colleagues.
In the case of context, this ratio represents the amount of value actively used in the network compared to market evaluation. It can be suggested that the low proportion of the SUI is lower than the competitors. Relatively, Ether Leeum, a major platform for smart contract spaces, maintains a TVL/market cap rate of 3.16. ”
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