Near Protocol vs Sui: Key Differences (NEAR vs SUI)
Complete side-by-side comparison of Near Protocol and Sui. Price, market cap, technology, and more.
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What is Near Protocol?
NEAR Protocol uses sharding (Nightshade) to achieve high throughput while keeping the network decentralized. Human-readable account names and simple onboarding make it developer and user friendly. The team includes former Google and Facebook engineers.
What is Sui?
Another Meta/Diem spinoff, Sui brought the Move language with a different architecture than Aptos. Object-centric design enables true parallel processing. Gaming studios are building here for the performance, and the chain hasn't buckled under load like some competitors.
Price Evolution
Percentage change from start of period
NEAR-27.78%SUI-32.44%Detailed Comparison
| Metric | NEAR | SUI |
|---|---|---|
| NEAR SUI | ||
| Price & Market | ||
| Price | $1.97 | $0.69 |
Price $1.97 $0.69 | ||
| Market Cap | $2.55B | $2.78B |
Market Cap $2.55B $2.78B | ||
| 24h Volume | $259.50M | $394.12M |
24h Volume $259.50M $394.12M | ||
| Volume/Cap Ratio | 10.16% | 14.17% |
Volume/Cap Ratio 10.16% 14.17% | ||
| Market Dominance | 0.00124398% | 0.00135467% |
Market Dominance 0.00124398% 0.00135467% | ||
| All-Time High | $20.44 | $5.35 |
All-Time High $20.44 $5.35 | ||
| ATH Date | Jan 16, 2022 | Jan 4, 2025 |
ATH Date Jan 16, 2022 Jan 4, 2025 | ||
| Performance | ||
| 24h Change | 0.74% | 2.15% |
24h Change 0.74% 2.15% | ||
| 7d Change | 9.33% | 7.39% |
7d Change 9.33% 7.39% | ||
| 30d Change | 27.78% | 32.44% |
30d Change 27.78% 32.44% | ||
| Supply | ||
| Circulating Supply | 1.30B | 4.03B |
Circulating Supply 1.30B 4.03B | ||
| Total Supply | 1.30B | 10.00B |
Total Supply 1.30B 10.00B | ||
| Max Supply | Unlimited | 10.00B |
Max Supply Unlimited 10.00B | ||
| Technology | ||
| Consensus | Nightshade (Sharded PoS) | Narwhal & Bullshark (PoS) |
Consensus Nightshade (Sharded PoS) Narwhal & Bullshark (PoS) | ||
| Block Time | 1 second | ~400ms |
Block Time 1 second ~400ms | ||
| TPS (Transactions/sec) | 100000 | 297000 |
TPS (Transactions/sec) 100000 297000 | ||
| Launch Year | 2020 | 2023 |
Launch Year 2020 2023 | ||
| Transaction Fees | ||
| Average Fee | < $0.01 | < $0.01 |
Average Fee < $0.01 < $0.01 | ||
| Fee Model | Near sharding, low gas fees | Sui Move VM, low gas fees |
Fee Model Near sharding, low gas fees Sui Move VM, low gas fees | ||
| General | ||
| Primary Use Case | Scalable dApps, AI, Developer platform | Gaming, DeFi, Consumer apps |
Primary Use Case Scalable dApps, AI, Developer platform Gaming, DeFi, Consumer apps | ||
| Founder | Illia Polosukhin, Alexander Skidanov | Evan Cheng (ex-Meta) |
Founder Illia Polosukhin, Alexander Skidanov Evan Cheng (ex-Meta) | ||
| Website | near.org | sui.io |
Website | ||
| Volatility & Risk | ||
| Drawdown from ATH | 90.4% | 87.1% |
Drawdown from ATH 90.4% 87.1% | ||
Why Near Protocol?- ✓Uses sharding (Nightshade) for high throughput and scalability
- ✓Developer-friendly with human-readable account names and easy onboarding
- ✓Founders have strong tech backgrounds from Google and Facebook
Why Sui?- ✓Object-centric model enables massive parallelization
- ✓Move language provides safety guarantees
- ✓Strong gaming and consumer app focus
Near Protocol Risks
- ✗Relatively young network launched in 2020 with less proven longevity
- ✗Faces strong competition from other scalable smart contract platforms
- ✗Sharding complexity may pose security and maintenance challenges
Sui Risks
- ✗New chain - still proving reliability
- ✗High VC token unlocks create selling pressure
The Verdict
Both Near Protocol and Sui serve important roles in the crypto ecosystem. Near Protocol focuses on scalable dapps, ai, developer platform, while Sui is known for gaming, defi, consumer apps. Many investors choose to hold both as part of a diversified crypto portfolio.
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