Aug 22, 2024
Thanks for reading and sharing, Subhashish. 5 billion of SUI tokens are locked until 2030. Inflation between now and 2030 is 2.4B tokens so I'm basing my numbers on a reduced float. I think a top tier L1 can easily exceed Solana's current circulating valuation in a bull scenario. Remember that Solana went from less than $1 to over $250 last bull run. Unfortunately, I don't think SUI will have the manipulation SOL got, but a 5x fron recent highs should be doable imo.