Recently, public chains are taking off, and Sui's rise is unexpected.

Sui is a smart contract platform maintained by a group of permissionless validators, which play a role similar to validators or miners in other blockchain systems. It has a native token called SUI, which is used to pay gas, and users can put their SUI tokens with validators in a delegated proof-of-stake model within an epoch. It has made a major leap in scalability by enabling parallel protocols on arbitrary independent transactions.

SUI is suddenly popular again. Is there any new saying? Is there still a chance for this L2 that has just started?

Many people are calling for more SUI, mainly because it has become popular recently, especially some short-term good news has driven market sentiment. But to be honest, SUI is still a relatively marginal chain, the ecology has not really started, and the number of projects and user base are relatively limited.

Can it pull a wave? There is a chance, but it depends more on whether the funds and hot spots can continue. If funds and market sentiment can continue to maintain, there may be a wave of market in the short term, but in the long run, it depends on whether it can really attract developers and users and create some influential projects. Otherwise, this wave of enthusiasm may just be a gust of wind and will dissipate after it passes.

If you are a short-term operator, you may pay attention to market sentiment; but if it is a long-term investment, you still need to consider SUI's fundamentals and long-term development.

If it were you, would you hold it for a long time? Welcome to leave a message