SvelteKit is usually faster for building an MVP, since Svelte compiles away at build time and needs less boilerplate to get a first page working. Nuxt.js tends to catch up once a project needs conventions Nuxt ships by default, like file-based server routes, that a SvelteKit team has to wire in by hand. Both reached stable 1.0 releases weeks apart: Nuxt 3 in November 2022 and SvelteKit in December 2022.
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