Could This Surprising Cryptocurrency Become the Next XRP?
It may possess the same type of upside potential as XRP.
Sui, much like XRP, is a highly speculative cryptocurrency prone to enormous volatility.
10 stocks we like better than Sui ›
It's easy to understand the allure of XRP (CRYPTO: XRP) for crypto investors. Between November 2024 and January 2025, it soared nearly 600% in value, eventually hitting a 52-week high of $3.39 in mid-January.
However, since then, XRP has slumped badly. It's now down 35%, and shows little sign of regaining momentum. As a result, I've been looking for "the next XRP" -- a low-cost, high-upside cryptocurrency capable of skyrocketing in price just like XRP. My top pick right now is Sui (CRYPTO: SUI), and here's why.
Sui is the latest in a long line of highly touted Ethereum (CRYPTO: ETH) challengers. While Solana (CRYPTO: SOL) is currently the top Ethereum challenger, Sui has often been referred to as a potential "Solana killer." So, in terms of current pecking order, there's Ethereum, there's Solana, and there's Sui.
Sui currently ranks No. 12 among all cryptocurrencies, with a market cap of $10 billion. That's all the more impressive given that Sui only launched in April 2023. In just two years, it has already become one of the top cryptocurrencies in the world.
To give you an idea of just how big the potential market opportunity is for Sui, Solana has an $80 billion market cap, while Ethereum has a $300 billion market cap. So if Sui manages to catch Solana, it might increase in value eight-fold. If it manages to close the gap with Ethereum, it might increase in value by 30-fold.
What's particularly interesting is how many similarities there are between Sui and XRP. Both are currently trading at more than 40% discounts to their all-time highs. Both also hit 52-week highs in January 2025, amid a wave of crypto euphoria.
That's not all. Both are strong candidates to get spot ETFs this year, and both have high-profile Silicon Valley companies backing them. XRP has Ripple Labs, while Sui has Mysten Labs. To date, Mysten Labs has raised over $300 million in financing to support the build-out of the Sui blockchain ecosystem.
Moreover, if you look at trading activity on the cryptocurrency exchange Coinbase Global (NASDAQ: COIN), both XRP and Sui rank among the top five cryptocurrencies in terms of 24-hour trading volume. While Sui may not be a household name quite yet, traders are certainly aware of it.
So why is Sui not generating the same types of headlines as XRP? Well, Sui launched in 2023 as the crypto winter of 2022 was coming to an end. That was bad timing, to say the least. The last thing investors want to hear about when the market is at the very bottom is a new, highly speculative cryptocurrency.
However, Sui has certainly made up for lost time, and is now starting to attract more attention from institutional investors. In August 2024, a research report from 21Shares ("Is Sui a Solana Killer?") highlighted Sui's impressive performance metrics, including its blazing-fast speeds.
Will Sui really be able to outperform XRP over the long haul? It depends on the long-term growth prospects of both. If you think that Ripple (XRP) can become a world leader in cross-border payments, you buy XRP. If you think that Solana and Ethereum are ripe for disruption, then you buy Sui.
Going forward, one major point of differentiation might be stablecoins, which have emerged as one of the fastest-growing segments of the crypto market. Right now, stablecoins appear to be taking a big bite out of XRP's core business (cross-border payments). In contrast, stablecoins are likely to be complementary for the Sui blockchain ecosystem, helping to drive more user activity.
According to online prediction markets, XRP has a 72% chance of hitting a price of $3.40 before the end of the year, and a 30% chance of hitting $3.75. Based on its current price of $2.20, that means XRP has a relatively high likelihood of soaring 50% or more by the end of 2025.
Given all its similarities with XRP, I'm expecting Sui to meet or exceed this type of performance. If Sui is able to regain its highs from January, then it could soar more than 75% by the end of the year. If you are willing to accept the risk of significant volatility ahead, Sui could be yet another way to diversify your portfolio with a low-cost, high-upside cryptocurrency.
Before you buy stock in Sui, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Sui wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!*
Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join .
See the 10 stocks »
*Stock Advisor returns as of June 9, 2025
Dominic Basulto has positions in Ethereum, Solana, Sui, and XRP. The Motley Fool has positions in and recommends Ethereum, Solana, Sui, and XRP. The Motley Fool recommends Coinbase Global. The Motley Fool has a disclosure policy.
Could This Surprising Cryptocurrency Become the Next XRP? was originally published by The Motley Fool
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
33 minutes ago
- Yahoo
I'm a Retired Boomer: 3 Investments I Ditched To Have a More Secure Retirement
As you age, the investments that helped you build wealth over the years may no longer fit your retirement goals. That's when it becomes important to reassess your portfolio and shift toward strategies that prioritize stability, income and peace of mind. Read More: Consider This: GOBankingRates spoke to Michael B., a 67-year-old retiree who ditched some investments that never made sense to his lifestyle a few years ago. Here are the three investments he got rid of for a more secure retirement. Michael's first move was selling individual growth stocks he owned. While these stocks have helped him boost his retirement savings, the volatility became too much as he approached his golden years. 'Some days my portfolio was up thousands, and other days it was down just as much,' Michael said. 'I didn't want to spend my retirement constantly checking the markets and stressing over what the Fed might do next.' Michael wanted something more stable, hence replacing these stocks with index funds and exchange-traded funds (ETFs). Find Out: Like many investors who didn't want to miss out, Michael had allocated 3% of his portfolio to Bitcoin and Ethereum. However, the extreme volatility made it unsuitable for his retirement goals. 'I didn't want to miss out. I gave crypto a chance,' Michael said. 'But at this stage of life, I value stability more than potential.' He sold his crypto holdings and put the funds toward safer, income-generating assets. Michael had a few actively managed funds in his portfolio, but he realized he was paying hefty fees for funds that underperformed the market. Most of these funds he had in his portfolio had an expense ratio above 1%. 'I realized I was paying more without actually earning more,' he said. 'It just didn't make sense anymore.' He switched to low-cost index funds, which gave him broad market exposure at a fraction of the cost. More From GOBankingRates How Far $750K Plus Social Security Goes in Retirement in Every US Region This article originally appeared on I'm a Retired Boomer: 3 Investments I Ditched To Have a More Secure Retirement Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
2 Cryptocurrencies With Sky-High Valuations That Might Be Worth the Risk
Both Bitcoin and Solana recently hit all-time highs, and both have sky-high valuations. Many investors now consider Bitcoin to be digital gold as a potential hedge against economic uncertainty. New spot ETFs could reassure investors that Solana is more than just a blockchain for meme coin speculation. 10 stocks we like better than Bitcoin › In the second half of the year, two major cryptocurrencies could see a significant breakout: Bitcoin (CRYPTO: BTC) and Solana (CRYPTO: SOL). While both have sky-high valuations right now, both are worth the risk. Here's why. Bitcoin remains the top-performing cryptocurrency of the year. It's up nearly 25% in 2025 and just hit another all-time high of $118,856. This is the most expensive Bitcoin has ever been, but analysts continue to suggest that it could almost double in value by the end of the year. The U.K. bank Standard Chartered, for example, just put a $200,000 price target on Bitcoin. Many investors have embraced the idea of Bitcoin being digital gold, viewing it as a potential hedge against inflation and economic uncertainty. Its price plunged immediately after the announcement of President Donald Trump's tariffs on April 2 but has roared back to life. A big reason is the growing perception that the crypto might be able to weather the tariff storm better than traditional financial assets, thanks to its lack of correlation with any major asset class. At the same time, the Bitcoin treasury company model has captured the imagination of investors. First popularized by Strategy, which now holds $65 billion worth of Bitcoin on its balance sheet, this treasury model is being emulated by a host of smaller companies, including Trump Media & Technology Group, where Trump is the largest shareholder. The concept behind a Bitcoin treasury company is simple: Buy as much of the token as possible, as fast as possible, as cheaply as possible. So, for example, Trump Media & Technology Group recently raised $2.3 billion from investors with the full intention of putting that money to work purchasing Bitcoin. Things get even more exciting when you consider that the U.S. government might start to purchase it as well. In March, the White House announced the creation of the Strategic Bitcoin Reserve under the auspices of the Treasury Department. While the executive order did not authorize the government to buy any new Bitcoin, it did reserve room for new purchases, as long as they could be done in a "budget neutral" way. Now that the "big, beautiful bill" is set to be enacted, I'm fully expecting some budgetary sleight-of-hand later this year, as the government explores ways to purchase the crypto. Another cryptocurrency with a sky-high valuation is Solana, which hit a new all-time high of $294 the day Trump was inaugurated as president. But it has declined markedly in value since then and currently trades for just $163. While the decline is worrisome, online prediction markets still give it a 22% chance of hitting a new all-time high before 2026. In other words, some investor give Solana a 1-in-5 chance of roughly doubling in value within the next five months. A big potential catalyst is the imminent launch of spot Solana exchange-traded funds (ETFs). Right now, Bloomberg thinks that there is a 95% chance that they will be approved by the Securities and Exchange Commission in 2025. And it now looks like the timetable for their approval has been moved up, with a decision potentially coming as early as August or September. The problem with Solana is that it became synonymous with meme coin culture in 2024. It became the go-to platform to create, launch, and trade meme coins, and that led to a frenzy of meme coin speculation. When Trump launched his meme coin in January, for example, he did so on Solana. Since then, however, the meme coin market has collapsed, and that has had a dramatic effect on Solana. When the entire global financial system seemed to be faltering a few months ago, the last place you wanted to put your money was a risky blockchain linked to meme coins. However, we've seen this story before with Solana. In 2022, the price collapsed to just $10. But the following year, the crypto soared more than 900% as investors realized that concerns over its relationship with failed crypto exchange FTX, created by convicted fraudster Sam Bankman-Fried, were overblown. I'm not saying the same thing is going to happen again, but I do think Solana is a $300 cryptocurrency. Both Bitcoin and Solana are risky. Anytime you invest in a cryptocurrency, there's potential for enormous volatility. Making matters even riskier, both cryptocurrencies are coming off recent all-time highs. So, as they say, they're priced for perfection. However, the reward outweighs the risk in both cases. I'm bullish on them over the short and long term, and confident that they have the potential to double in value before the end of the year. Before you buy stock in Bitcoin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Bitcoin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Dominic Basulto has positions in Bitcoin and Solana. The Motley Fool has positions in and recommends Bitcoin and Solana. The Motley Fool recommends Standard Chartered Plc. The Motley Fool has a disclosure policy. 2 Cryptocurrencies With Sky-High Valuations That Might Be Worth the Risk was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 hours ago
- Yahoo
I'm a Retired Boomer: 3 Investments I Ditched To Have a More Secure Retirement
As you age, the investments that helped you build wealth over the years may no longer fit your retirement goals. That's when it becomes important to reassess your portfolio and shift toward strategies that prioritize stability, income and peace of mind. Read More: Consider This: GOBankingRates spoke to Michael B., a 67-year-old retiree who ditched some investments that never made sense to his lifestyle a few years ago. Here are the three investments he got rid of for a more secure retirement. Michael's first move was selling individual growth stocks he owned. While these stocks have helped him boost his retirement savings, the volatility became too much as he approached his golden years. 'Some days my portfolio was up thousands, and other days it was down just as much,' Michael said. 'I didn't want to spend my retirement constantly checking the markets and stressing over what the Fed might do next.' Michael wanted something more stable, hence replacing these stocks with index funds and exchange-traded funds (ETFs). Find Out: Like many investors who didn't want to miss out, Michael had allocated 3% of his portfolio to Bitcoin and Ethereum. However, the extreme volatility made it unsuitable for his retirement goals. 'I didn't want to miss out. I gave crypto a chance,' Michael said. 'But at this stage of life, I value stability more than potential.' He sold his crypto holdings and put the funds toward safer, income-generating assets. Michael had a few actively managed funds in his portfolio, but he realized he was paying hefty fees for funds that underperformed the market. Most of these funds he had in his portfolio had an expense ratio above 1%. 'I realized I was paying more without actually earning more,' he said. 'It just didn't make sense anymore.' He switched to low-cost index funds, which gave him broad market exposure at a fraction of the cost. More From GOBankingRates 25 Places To Buy a Home If You Want It To Gain Value This article originally appeared on I'm a Retired Boomer: 3 Investments I Ditched To Have a More Secure Retirement Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
