Latest / The Paul Barron Crypto Show / Sui vs Solana Analysis🔥SUI Ecosystem Set To Explode

Transcript

Sui vs Solana Analysis🔥SUI Ecosystem Set To Explode · The Paul Barron Crypto Show

• 0:07
  Speaker 1: You guys have been asking for it, and that is
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  Speaker 1: to break down some projects that could be in a
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  Speaker 1: heated race for the top of the crypto market. We're
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  Speaker 1: going to do that today. My name is Paul Baraon.
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  Speaker 1: Welcome back in a tech path, and it's going to
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  Speaker 1: about to enter a very interesting time in crypto. To
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  Speaker 1: just out there searching and you think I'm going to
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  Speaker 1: an exchange, and you got to do that with Coinbase.
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  Speaker 1: Go over to coinbase dot com. The future of money
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  Speaker 1: is here. The token we're going to be talking about today,
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  Speaker 1: the project, and along with it, you can actually get
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• 1:01
  Speaker 1: Let's go into a couple of points here today we'll
• 1:03
  Speaker 1: be kind of lowering the boom on SUI. And that,
• 1:08
  Speaker 1: of course is coming in off of grey Scales News
• 1:10
  Speaker 1: officially launching a trust for the accredited investors. This is
• 1:14
  Speaker 1: going to most likely bring in some pretty big money
• 1:16
  Speaker 1: and I'm going to zoom in on that right there,
• 1:18
  Speaker 1: backing Suey with around nine er and sixteen thousand assets.
• 1:22
  Speaker 1: Suey of course surged about fifteen percent in the last
• 1:24
  Speaker 1: twenty four We saw a big move on this. If
• 1:26
  Speaker 1: you're in our Diamond circle, you guys probably already known
• 1:28
  Speaker 1: about this. It's been in my wallet for a while,
• 1:31
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  Speaker 1: a place where we do additional content. I reveal a
• 1:38
  Speaker 1: lot more of what my portfolio is, all that good stuff.
• 1:41
  Speaker 1: Check it out. We always leave the link down below.
• 1:42
  Speaker 1: I want to show you something. This is a video
• 1:45
  Speaker 1: showing the Sewing Network which continues to fly, and I
• 1:50
  Speaker 1: want to kind of show you something from if you
• 1:52
  Speaker 1: just scan down here, as you can see right there,
• 1:55
  Speaker 1: August tenth through the nineteen twenty you start to see
• 1:59
  Speaker 1: a move here and guess what boom Suey who is
• 2:02
  Speaker 1: number three right there, pops into number two and is
• 2:05
  Speaker 1: on the heels of Solana in terms of what we
• 2:10
  Speaker 1: could see as the second largest non EVM chain out there,
• 2:12
  Speaker 1: and I think this is a big one because it
• 2:14
  Speaker 1: could start to put some pressure on Solana. One of
• 2:17
  Speaker 1: the things to look at right here is Solana, and
• 2:19
  Speaker 1: of course you have to look at the unlocks right here.
• 2:21
  Speaker 1: You can kind of see ten million a day. If
• 2:23
  Speaker 1: you look at how this applies to the chart. In
• 2:26
  Speaker 1: the past, it's pretty much held with it, but the
• 2:28
  Speaker 1: unlocks are starting to spread out a little bit more
• 2:30
  Speaker 1: so you can start to see the chart differentiate between
• 2:33
  Speaker 1: the token market cap and the price based on these unlocks.
• 2:36
  Speaker 1: So that's a pretty significant scenario that has to play
• 2:38
  Speaker 1: out within Solana and your decision of how to look
• 2:41
  Speaker 1: at some of these chains. Another thing that's happening right
• 2:44
  Speaker 1: now with Solana that I don't think a lot of
• 2:46
  Speaker 1: people are happy about, and that was the issue of
• 2:49
  Speaker 1: Breakpoint not giving a lot of the Solona games any airtime.
• 2:53
  Speaker 1: And that's a big issue because Solana was really kind
• 2:56
  Speaker 1: of grew up as a gaming chain and I think
• 3:00
  Speaker 1: got maybe on the map because they were a gaming
• 3:03
  Speaker 1: change sure they had a meme ecosystem. A lot has
• 3:06
  Speaker 1: happened within Solona over the last eighteen months to drive
• 3:08
  Speaker 1: it to where it is right now, hovering around one
• 3:11
  Speaker 1: thirty five. So, but that is another issue that they
• 3:13
  Speaker 1: had to actually address to the game companies, including one
• 3:17
  Speaker 1: of the ones that we've had here on the show
• 3:19
  Speaker 1: many times, and that of course is Star Atlas. Another
• 3:22
  Speaker 1: thing that of course when you look at this, there's
• 3:24
  Speaker 1: Siggy talking about this Star Atlas breakpoint. Should Star Atlets
• 3:28
  Speaker 1: be given time to present on the main stage breakpoint?
• 3:31
  Speaker 1: This is what they're doing out there because they're debating
• 3:33
  Speaker 1: whether or not that they should get mainstage time, and
• 3:36
  Speaker 1: they should without a doubt. I don't understand why Salon
• 3:39
  Speaker 1: is doing that, but it is happening right there. And
• 3:42
  Speaker 1: if you look at the debate note that they're putting
• 3:44
  Speaker 1: in here. I thought this was interesting. The future of
• 3:46
  Speaker 1: Web three games will rely on L two's This would
• 3:51
  Speaker 1: be a significant deviation, I think for what Solona has
• 3:55
  Speaker 1: been about in terms of the gaming ecosystem. All right,
• 3:58
  Speaker 1: so one of the reasons we are mentioning that many
• 4:01
  Speaker 1: people are looking at Sue as a Solana killer of
• 4:05
  Speaker 1: suy A Solana two point zero whatever you want to
• 4:07
  Speaker 1: look at. One of the things that they're tracking that
• 4:09
  Speaker 1: is eerily similar is in the difference that they have
• 4:14
  Speaker 1: a device. But if you think about Solana, they've got
• 4:16
  Speaker 1: the saga, the phone, but the key. Here, in just
• 4:19
  Speaker 1: one day, more than fifteen hundred of the Sui Play
• 4:22
  Speaker 1: the ox one devices, which is basically a gaming device.
• 4:25
  Speaker 1: Four Web three Gaming, which is also going to do
• 4:27
  Speaker 1: Web two Gaming is launching. They sold fifteen hundred literally
• 4:31
  Speaker 1: in the first couple of days, So it's a pretty
• 4:33
  Speaker 1: big deal here in terms of the comparison and the
• 4:37
  Speaker 1: gaming opportunity I think is going to be pretty significant
• 4:39
  Speaker 1: as well. Playtron of course, the OS behind the Sui
• 4:43
  Speaker 1: Play is a pretty big partner, and of course this
• 4:46
  Speaker 1: is one I think we'll also have a factor into
• 4:49
  Speaker 1: how many games are going to be able to make
• 4:50
  Speaker 1: it into this, and this is why I think the
• 4:52
  Speaker 1: gaming community. You look at the speed in which the
• 4:55
  Speaker 1: token moves, cost very low to move the token, and
• 5:00
  Speaker 1: and then also just the opportunity I think of the
• 5:02
  Speaker 1: gaming community and starting to integrate crypto, Sui could be
• 5:05
  Speaker 1: on the forefront of something pretty big. Here. Of course,
• 5:09
  Speaker 1: was a slide they were talking about. This is square
• 5:11
  Speaker 1: Enix saying that all compatible Square Enix games, including titles
• 5:15
  Speaker 1: like Final Fantasy, will be available to purchase in cryptocurrency
• 5:20
  Speaker 1: on the Sui Play console. And this is the handheld device.
• 5:24
  Speaker 1: So that is pretty huge in the sense that we
• 5:26
  Speaker 1: are starting to see a gaming community starting to integrate
• 5:31
  Speaker 1: with a web three and crypto community. Big news out there,
• 5:35
  Speaker 1: and of course this is something we've been pretty much
• 5:36
  Speaker 1: saying for quite some time. Playtron even went out with
• 5:39
  Speaker 1: a statement here false rumor that Platron has partnering with
• 5:41
  Speaker 1: Solana stopped the nonsense. We love Suey and the Suey
• 5:44
  Speaker 1: team carry on. So that's a pretty big deal in
• 5:47
  Speaker 1: the sense that Solana, which was it, I feel like
• 5:50
  Speaker 1: one of the leading gaming chains has that you know,
• 5:54
  Speaker 1: has a situation now where they've started to pass the
• 5:57
  Speaker 1: torch occur over with Sui. All right, So I want
• 6:00
  Speaker 1: to jump to one other thing here, and this is
• 6:02
  Speaker 1: in reference to gaming consoles or in efference in essence,
• 6:06
  Speaker 1: the cost of what this takes to get some of
• 6:09
  Speaker 1: these games into your hands. Well, PCs around thousand bucks.
• 6:12
  Speaker 1: The new PS five pro is edging up to around
• 6:15
  Speaker 1: seven hundred bucks. This is a big deviation from where
• 6:18
  Speaker 1: the PS five was so rising costs right there. PS
• 6:21
  Speaker 1: five course five hundred bucks, Xbox five hundred bucks around
• 6:24
  Speaker 1: steam Deck. This is about where the Sui device falls in,
• 6:28
  Speaker 1: so it gets much more appropriate even if you go
• 6:31
  Speaker 1: into the Xbox S series and then you get into
• 6:33
  Speaker 1: things like the switch or the switch lights. So mobile
• 6:36
  Speaker 1: gaming and also gaming that is going to be cloud
• 6:39
  Speaker 1: based is going to be significant going forward, and that
• 6:42
  Speaker 1: is where, of course we will see suy I Thinks
• 6:44
  Speaker 1: start to Excel games. Con g Force now brings black myth.
• 6:48
  Speaker 1: This course was the Wukong game that we've seen kind
• 6:51
  Speaker 1: of trending in a variety of different pop culture scenes.
• 6:54
  Speaker 1: Even Elon carried this as his icon. But the point
• 6:58
  Speaker 1: that I'm getting at here is that this is a
• 7:00
  Speaker 1: mobile device game that is going to be available. There's
• 7:03
  Speaker 1: Final Fantasy Sea right there available on things like what
• 7:07
  Speaker 1: we will see with this device. One of the reasons
• 7:11
  Speaker 1: that you're going to see this continue excel is because
• 7:13
  Speaker 1: of the idea of cloud gaming. Cloud gaming in the
• 7:16
  Speaker 1: past was not necessarily considered as a big strategy going forward.
• 7:20
  Speaker 1: This is starting to change quite a bit. If you
• 7:22
  Speaker 1: look at some of the things right here. As expected,
• 7:26
  Speaker 1: this will accelerate. China approves one hundred and seventeen games,
• 7:30
  Speaker 1: the most in twenty twenty four, including the Wukong Mania,
• 7:33
  Speaker 1: and this of course has been around the fact that
• 7:36
  Speaker 1: a lot of the gamers in China do not have
• 7:39
  Speaker 1: access to desktop devices, PS five those kind of things.
• 7:42
  Speaker 1: They have access to mobile. So mobile is going to
• 7:45
  Speaker 1: become the iconic. And this is something we talked about
• 7:47
  Speaker 1: for years, is that mobile gaming will be the new.
• 7:50
  Speaker 1: Now the real question is whether or not cloud gaming
• 7:53
  Speaker 1: will be the new, and I think that's where Suey
• 7:55
  Speaker 1: starts to play into this. Here's Playtron talking about cloud
• 7:58
  Speaker 1: gaming has exploded just to the last few weeks due
• 8:01
  Speaker 1: to the Wukong phenomenon, and of course that is I
• 8:04
  Speaker 1: think going to be very viral around the world, and
• 8:07
  Speaker 1: I think we're going to see it not only here
• 8:08
  Speaker 1: in the US, but also in Asia, the EU, and
• 8:11
  Speaker 1: I think even the Middle East. So get ready for
• 8:13
  Speaker 1: some pretty big moves right here. Wukong play is epic.
• 8:17
  Speaker 1: You can kind of see. I'm just showing the example
• 8:19
  Speaker 1: of the game. This is a cloud game streaming within
• 8:22
  Speaker 1: that device, which is pretty significant. Of course, just the
• 8:25
  Speaker 1: quality of it. I think is one of the things
• 8:27
  Speaker 1: that's going to draw this in other things that are happening.
• 8:30
  Speaker 1: If you just look at the active accounts that are
• 8:32
  Speaker 1: starting to move on Suey this is on the three
• 8:34
  Speaker 1: month look at the growth that we've already started to
• 8:37
  Speaker 1: see here. So Sue's in a pretty good spot right now.
• 8:39
  Speaker 1: Average transaction fees in August again, Sue zero zero one
• 8:46
  Speaker 1: nine versus what has been one of the best out there,
• 8:48
  Speaker 1: Solana at zero point zero two. And then even if
• 8:52
  Speaker 1: you look at transaction fees on Avalanche aroundo point one four,
• 8:56
  Speaker 1: Ethan not doing too bad at a buck eighty four.
• 8:58
  Speaker 1: But the point is it's that is very efficient and
• 9:02
  Speaker 1: very inexpensive to run. So there are some fears out there.
• 9:06
  Speaker 1: I think one of the things that people were looking
• 9:07
  Speaker 1: at is are we going to see a lot of unlocks?
• 9:11
  Speaker 1: And this gets into the metrics token metrics of how
• 9:13
  Speaker 1: some of these things move, and I think initially that
• 9:17
  Speaker 1: was the case, but not necessarily long term. If you
• 9:19
  Speaker 1: look at what the potential of unlocks are in their
• 9:23
  Speaker 1: vesting schedule, this goes all the way out to twenty thirty,
• 9:26
  Speaker 1: so you can see it's a very gradual process. We're
• 9:29
  Speaker 1: not seeing any radical unlocks, so again this should rest
• 9:32
  Speaker 1: good if you're looking at token metrics as the key
• 9:36
  Speaker 1: element of why you buy a token. Here's the circulating supply,
• 9:39
  Speaker 1: same kind of scenario right there on the Series A
• 9:42
  Speaker 1: all the way into their Misting Labs treasury, which is
• 9:44
  Speaker 1: the team behind suit. So we definitely are going to
• 9:47
  Speaker 1: have the Sui team on the show coming up, so
• 9:50
  Speaker 1: it'll be a big interview. We'll get a chance to
• 9:51
  Speaker 1: really break down what the project is doing. This of
• 9:54
  Speaker 1: course over here on token unlocks, and you can kind
• 9:56
  Speaker 1: of see as its stair steps, this is only two
• 9:59
  Speaker 1: percent per month on the supply, so this is a
• 10:02
  Speaker 1: very very easy move for Suey in terms of the
• 10:06
  Speaker 1: metrics behind this. One of the things to note here
• 10:09
  Speaker 1: is Suey's speed six times faster than Solana. And remember
• 10:14
  Speaker 1: that fire doouncer was kind of the holy grail for Solana.
• 10:17
  Speaker 1: That of course is being announced now at breakpoint, even
• 10:19
  Speaker 1: though it wasn't announced last year. But this is already
• 10:22
  Speaker 1: happening with Suey's chain right now. So speed capacity growth
• 10:28
  Speaker 1: back to the gaming ecosystem and the need for transactions,
• 10:31
  Speaker 1: sue would be able to handle that, so that's a
• 10:33
  Speaker 1: pretty significant thing. Here's a good example right here on
• 10:35
  Speaker 1: the performance latency continuing to be one of the more performing,
• 10:39
  Speaker 1: better performing chains out there. And if you look at
• 10:41
  Speaker 1: just the status in terms of outages and versus partial outages,
• 10:45
  Speaker 1: there Solana with a lot of outages. Yes, there goes
• 10:49
  Speaker 1: into ton app dose, which I think is probably going
• 10:52
  Speaker 1: to get annihilated by suiy and then of course suey
• 10:55
  Speaker 1: main net right there none no outages, no partial outages.
• 10:59
  Speaker 1: So very significant in terms of the quality of the
• 11:03
  Speaker 1: chain itself. Also, the other thing that is very interesting
• 11:07
  Speaker 1: to me. We're going to find out more about this,
• 11:08
  Speaker 1: but this is where it gets intriguing. This could be
• 11:12
  Speaker 1: an internetless internetless transaction. Sounds like something only possible with Sue. Now,
• 11:18
  Speaker 1: the idea is to utilize technology that's outside the Internet.
• 11:23
  Speaker 1: I know many people will look at that, well, that
• 11:24
  Speaker 1: could be IoT, certain kinds of radio transmissions, etc. But
• 11:28
  Speaker 1: the point is a lot of these emerging countries they
• 11:31
  Speaker 1: don't necessarily have Internet, so this could be a very
• 11:34
  Speaker 1: very good possibility for some of those markets like that,
• 11:37
  Speaker 1: and also just for security persons so purposes. But here
• 11:41
  Speaker 1: is Sue's blockchain as they tap radio waves to the
• 11:44
  Speaker 1: bank and unbanked the offline. So I think this is
• 11:47
  Speaker 1: a big deal again long distance radio and even compressing
• 11:51
  Speaker 1: transactions in such a small way that it can fit
• 11:53
  Speaker 1: in a smaller thing like a text message. This is
• 11:57
  Speaker 1: pretty cool tech, and I think this is one of
• 11:59
  Speaker 1: those things that starts to break into markets and can
• 12:02
  Speaker 1: also change how dynamic financing has done, especially around what
• 12:06
  Speaker 1: we will see in the bank markets out there, which
• 12:08
  Speaker 1: is a huge part of the of the population of
• 12:11
  Speaker 1: the world. Sue's also already tested this method and it's
• 12:15
  Speaker 1: already working. So again more tech advancement with what they
• 12:18
  Speaker 1: were doing. Here's some more tech that has dropped today.
• 12:21
  Speaker 1: This is launching decentralized Uber for three D printing for Sue.
• 12:26
  Speaker 1: And this is a pretty big deal because you're looking
• 12:28
  Speaker 1: at look at the size of three D printers right there.
• 12:31
  Speaker 1: Let me kind of zoom in on that. Twenty four
• 12:33
  Speaker 1: thousand three D printer printed NFTs were minted within a
• 12:37
  Speaker 1: week since the launch, and this is just it September
• 12:40
  Speaker 1: to the ninth, So look at the potential for this
• 12:43
  Speaker 1: down the road, especially around three D printers. Again, tying
• 12:46
  Speaker 1: back in, all right, so I'm going to go over
• 12:48
  Speaker 1: to a clip real quick, and this clip is our
• 12:50
  Speaker 1: investment talking about three D printing and its market size.
• 12:54
  Speaker 1: Take a look.
• 12:55
  Speaker 2: We think that three D printing could scale at a
• 12:58
  Speaker 2: forty percent annual rate to one hundred and eighty billion
• 13:01
  Speaker 2: dollars by twenty thirty. Three D printing is used to
• 13:04
  Speaker 2: cross industries today that total more than four trillion dollars
• 13:08
  Speaker 2: in revenue. And while it takes education, time for adoption,
• 13:12
  Speaker 2: and sometimes regulatory clearance to use the technology, we're seeing
• 13:16
  Speaker 2: it being used more and more in cases like automotive manufacturing,
• 13:20
  Speaker 2: where it lowers costs, time to production and ultimately produces
• 13:24
  Speaker 2: better parts.
• 13:25
  Speaker 1: All right, So what she's pointing out is the cost
• 13:29
  Speaker 1: and the opportunity here is decentralized potentials, which is all
• 13:33
  Speaker 1: of crypto, and especially if it lines up around Sui.
• 13:36
  Speaker 1: So three D printing could get decentralized in a way
• 13:39
  Speaker 1: much like render is for cloud compute, et cetera. We
• 13:42
  Speaker 1: could see that kind of D pen designed around Sui.
• 13:47
  Speaker 1: So just keep an eye on this technology as it
• 13:50
  Speaker 1: ties into that market because it could be a big one.
• 13:52
  Speaker 1: Everybody asks me, all right, well, Suie's a chain that
• 13:54
  Speaker 1: competes with Solana we haven't necessarily, but remember Solana had
• 13:58
  Speaker 1: a ton of mean points that kind of helped phantom
• 14:01
  Speaker 1: in that wallet explode, also helped the chain explode itself.
• 14:04
  Speaker 1: I think it probably really started accelerating Salon from around
• 14:07
  Speaker 1: thirty bucks to where it is today at around one thirty.
• 14:10
  Speaker 1: But remember Salana hit two hundred not too long ago.
• 14:13
  Speaker 1: So what could be the opportunity maybe moving within the
• 14:17
  Speaker 1: Sui blockchain around some of these meme tokens. Well, one
• 14:19
  Speaker 1: that we're watching is of course a little project called blub,
• 14:23
  Speaker 1: And again this is just meme tokens out there, so
• 14:27
  Speaker 1: just look at the other ecosystem around tokens. When it
• 14:30
  Speaker 1: comes to memes, those Pepe kind of the leaders. Then
• 14:34
  Speaker 1: you get into the Salona meme coins, the Avalanche meme coins,
• 14:37
  Speaker 1: the Tron meme coins, you start to see these transactions
• 14:40
  Speaker 1: start to slide into chains. And of course Sui has
• 14:43
  Speaker 1: been one that has not necessarily been on point here,
• 14:47
  Speaker 1: so maybe this is a chance. So check out Blubb. Now,
• 14:49
  Speaker 1: the way that you would get to this token if
• 14:50
  Speaker 1: you decided to get it, you get to go over
• 14:52
  Speaker 1: and get this Suie wallet and you'll be able to
• 14:55
  Speaker 1: download and download this on your iPhone or your Android.
• 14:58
  Speaker 1: But it's pretty pretty sexy. Actually, I've used the wallet
• 15:02
  Speaker 1: very easy to log in. You'll want to jump over
• 15:04
  Speaker 1: to these apps right here, and these apps basically get
• 15:08
  Speaker 1: you access to these deses, and that's where you'd be
• 15:11
  Speaker 1: able to tie into some of this. You do use
• 15:13
  Speaker 1: to have to transfer Sui to get there, pretty much
• 15:16
  Speaker 1: costless if you're using something like coinbase. So I want
• 15:19
  Speaker 1: to jump over to coin market cap just to show
• 15:21
  Speaker 1: you this fully deluded here on suiy at around ten billion.
• 15:25
  Speaker 1: You slide up here and you get into even Solana
• 15:29
  Speaker 1: setting it around seventy eight billion, So there's an opportunity.
• 15:32
  Speaker 1: I'm going to zoom in on that for you so
• 15:33
  Speaker 1: you can kind of see then if we go in
• 15:36
  Speaker 1: and sort by market volume and you take a look
• 15:40
  Speaker 1: at where Slana is right now running it around one
• 15:42
  Speaker 1: point five, Sui is the next major chain that jumps
• 15:47
  Speaker 1: in now, granted it's a third of that, but this
• 15:49
  Speaker 1: is the next major chain that is trading in terms
• 15:52
  Speaker 1: of market volume outside of the Big three. So this
• 15:56
  Speaker 1: again gets back into the point of watching this token
• 15:59
  Speaker 1: in a very interesting time, a lot happening around it. Again,
• 16:04
  Speaker 1: just to make sure and check it out and see
• 16:05
  Speaker 1: what you guys think about it. If you're by the way,
• 16:07
  Speaker 1: if you're not in our Diamond circle, make sure and
• 16:08
  Speaker 1: get in. It's our great place to get additional content
• 16:11
  Speaker 1: where we do breakdowns like this ahead of what we
• 16:13
  Speaker 1: do here on the YouTube channel, and all you have
• 16:16
  Speaker 1: to do is hit the link down below and you
• 16:18
  Speaker 1: can join, and it's free. It's very easy to follow
• 16:20
  Speaker 1: me on x at Paul Baron. We'll catch you next
• 16:22
  Speaker 1: time right here on tech Path