Arithmetic on today's supply, not a forecast. It assumes nothing about whether Sui could attract that much money.
A coin's market capitalisation is its price multiplied by the number of coins in circulation. Sui has 4,111,359,261 SUI in circulation at $0.723 each, which is $2.97B. Holding that supply still and putting Hedera's $3.31B in its place gives $0.80612544 per SUI.
The two are close in size, so the answer is a 1.11x move. Sui and Hedera are within a factor of two of each other by market capitalisation.
Supply is held still, and in practice it moves: coins are minted, burned and unlocked, and every one of those changes the price a given market capitalisation implies. The figure also says nothing about whether the money exists to buy SUI at that level, which is the part that actually decides a price.
$0.80612544 per SUI. That is Hedera's current market capitalisation of $3.31B divided across the 4,111,359,261 SUI in circulation.
1.11x. Sui trades at $0.723 today and Hedera's market cap is $3.31B against Sui's $2.97B.
No. It is one division: Hedera's market capitalisation spread over the supply of SUI that exists today. It assumes nothing about whether Sui could attract that much money, and it holds the supply still when in practice supply changes.
It sets it. Market cap is price times circulating supply, so the same $3.31B of market cap spread over more coins gives a lower price per coin. This uses the 4,111,359,261 SUI in circulation now.