Sui vs Near Protocol: Key Differences (SUI vs NEAR)
Complete side-by-side comparison of Sui and Near Protocol. Price, market cap, technology, and more.
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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.
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.
Price Evolution
Percentage change from start of period
SUI-34.45%NEAR-29.24%Detailed Comparison
| Metric | SUI | NEAR |
|---|---|---|
| SUI NEAR | ||
| Price & Market | ||
| Price | $0.682 | $1.96 |
Price $0.682 $1.96 | ||
| Market Cap | $2.75B | $2.55B |
Market Cap $2.75B $2.55B | ||
| 24h Volume | $350.31M | $260.15M |
24h Volume $350.31M $260.15M | ||
| Volume/Cap Ratio | 12.74% | 10.21% |
Volume/Cap Ratio 12.74% 10.21% | ||
| Market Dominance | 0.00135071% | 0.00125201% |
Market Dominance 0.00135071% 0.00125201% | ||
| All-Time High | $5.35 | $20.44 |
All-Time High $5.35 $20.44 | ||
| ATH Date | Jan 4, 2025 | Jan 16, 2022 |
ATH Date Jan 4, 2025 Jan 16, 2022 | ||
| Performance | ||
| 24h Change | 3.43% | 1.36% |
24h Change 3.43% 1.36% | ||
| 7d Change | 11.35% | 9.88% |
7d Change 11.35% 9.88% | ||
| 30d Change | 34.45% | 29.24% |
30d Change 34.45% 29.24% | ||
| Supply | ||
| Circulating Supply | 4.03B | 1.30B |
Circulating Supply 4.03B 1.30B | ||
| Total Supply | 10.00B | 1.30B |
Total Supply 10.00B 1.30B | ||
| Max Supply | 10.00B | Unlimited |
Max Supply 10.00B Unlimited | ||
| Technology | ||
| Consensus | Narwhal & Bullshark (PoS) | Nightshade (Sharded PoS) |
Consensus Narwhal & Bullshark (PoS) Nightshade (Sharded PoS) | ||
| Block Time | ~400ms | 1 second |
Block Time ~400ms 1 second | ||
| TPS (Transactions/sec) | 297000 | 100000 |
TPS (Transactions/sec) 297000 100000 | ||
| Launch Year | 2023 | 2020 |
Launch Year 2023 2020 | ||
| Transaction Fees | ||
| Average Fee | < $0.01 | < $0.01 |
Average Fee < $0.01 < $0.01 | ||
| Fee Model | Sui Move VM, low gas fees | Near sharding, low gas fees |
Fee Model Sui Move VM, low gas fees Near sharding, low gas fees | ||
| General | ||
| Primary Use Case | Gaming, DeFi, Consumer apps | Scalable dApps, AI, Developer platform |
Primary Use Case Gaming, DeFi, Consumer apps Scalable dApps, AI, Developer platform | ||
| Founder | Evan Cheng (ex-Meta) | Illia Polosukhin, Alexander Skidanov |
Founder Evan Cheng (ex-Meta) Illia Polosukhin, Alexander Skidanov | ||
| Website | sui.io | near.org |
Website | ||
| Volatility & Risk | ||
| Drawdown from ATH | 87.2% | 90.4% |
Drawdown from ATH 87.2% 90.4% | ||
Why Sui?- ✓Object-centric model enables massive parallelization
- ✓Move language provides safety guarantees
- ✓Strong gaming and consumer app focus
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
Sui Risks
- ✗New chain - still proving reliability
- ✗High VC token unlocks create selling pressure
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
The Verdict
Both Sui and Near Protocol serve important roles in the crypto ecosystem. Sui focuses on gaming, defi, consumer apps, while Near Protocol is known for scalable dapps, ai, developer platform. Many investors choose to hold both as part of a diversified crypto portfolio.
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