Please note that VanEck holds Sui (SUI) and Aptos (APT). This article is sourced from Patrick Bush's article written for VanEck, organized, compiled, and authored by Foresight News. (Background: Mo Shaikh, CEO of Aptos Labs, announced his resignation to take on an advisory role, with CTO Avery Ching taking over.) (Background information: Full analysis: Sui vs. Aptos, which is the first public chain of the MOVE system?) We compared Sui and Aptos in terms of blockchain performance, scalability, ecosystem, and trading advantages, and predicted that by the end of 2025, the price of SUI will reach $16, and APT will reach $22. Please note that VanEck holds Sui (SUI) and Aptos (APT). Sui and Aptos: Origins and Overview We previously discussed the potential of Ethereum and Solana to attract billions of users into the crypto space. Although both ecosystems are very attractive, they represent early blockchain technology. Since their inception, a new generation of blockchains has continually emerged to break through the limitations of these systems, including Aptos and Sui, founded by former members of Facebook's blockchain project Diem. Diem attempted to create a stablecoin payment system for Facebook's social media platform but was stalled due to regulatory pressure. However, its technological experiments propelled significant breakthroughs in the blockchain field. Diem's most important legacy is the Move smart contract programming language, developed based on Rust, which is used by 4.3 million developers globally and is the third fastest-growing language, optimized to address the shortcomings of early smart contract languages like Ethereum's Solidity and Cardano's Haskell. Both Aptos and Sui leverage Move to provide developers with a faster, safer, and more intuitive development environment. Move also enables both virtual machines (VMs) to achieve faster transaction confirmation speeds (the time users receive confirmation) and higher throughput (the volume of transactions processed by the system in a unit of time). The potential of Move is so great that the total market capitalization of blockchains based on Move surged from approximately $5 billion to $22 billion within a year. Key Comparison Dimensions Blockchain Performance and Scalability Ecosystem Trading Experience Token Economics Valuation Models 2025 Price Forecast Conclusion and Investment Risks The size of the crypto developer community is only 1/1000 of JavaScript. Source: Electric Capital, Slash Data (as of 2024/12/19). The importance of the Move language lies in providing developers with a more user-friendly entry point. The crypto developer community is extremely small—Meta (Facebook) employs more full-time developers than the entire crypto industry. By offering a more user-friendly and efficient language, Move is expected to attract a broader developer community, facilitating experimentation and innovation. This innovation is crucial for uncovering the 'killer applications' that drive mass adoption. We view blockchain as an innovation experimentation platform, with its high valuation stemming from its ability to nurture applications for hundreds of millions of users. Since no one knows how the next breakthrough application will emerge, attracting as many developers as possible to experiment is particularly critical. Both Aptos and Sui combine the Move virtual machine with advanced consensus mechanisms to ensure efficient transaction validation across the network. This cutting-edge combination of virtual machine and consensus protocol forms their technical foundation, providing performance that surpasses previous-generation blockchain systems. Before innovations like Solana's Firedancer prove their limitations, Sui and Aptos represent the pinnacle of blockchain technology. Aptos set a record of 326 million transactions in a single day on 2024/10/18 (13,300 TPS) Peak Daily Transactions for Each Blockchain Source: Artemis XYZ (as of 2024/12/19). Sui and Aptos provide key blockchain technology capable of serving hundreds of millions of users. Both excel in simplifying development processes and ensuring security compared to Solana (trading complexity for scalability) and Ethereum (trading ecosystem richness for rigid technological bureaucratic governance and outdated technology). Tactically, Sui and Aptos provide a better experience for current core crypto use cases (speculation and value transfer); strategically, they lay the foundation for non-speculative applications such as AI agents, social media, and cloud services. While the form of future phenomenal applications remains unknown, Sui and Aptos have already demonstrated strong potential to attract the next generation of blockchain users. But what exactly makes these systems so exceptional? Which one is superior? Sui vs. Aptos: Blockchain Performance and Scalability Despite sharing the genetic base of the Move language, the blockchain architectures of the two exhibit different design philosophies. Each network adopts a customized version of the Move language, uniquely optimized for transaction processing methods. When transactions are sent to the blockchain, they carry the information of the database (i.e., 'state') that needs to be modified. Blockchain engineers refer to these database updates as 'state changes.' Most blockchains adopt a hierarchical validation mechanism: a single validator acts as a temporary 'leader,' responsible for receiving transactions, validating their validity (checking signatures, preventing double spending), ordering execution, and updating the state, with the resulting transaction block broadcasted to other validator nodes. When more than two-thirds (66%) of validators reach consensus, the blockchain proceeds to the next block processing. Blockchain architecture can be divided into two core components: 1 Transaction Processing and Block Construction Validate transaction authenticity Ensure sufficient account balance Execute smart contracts Update blockchain ledger 2 Network Communication and State Synchronization Broadcast transaction blocks to the entire network Synchronize ledger changes to ensure all validators have consistent states Resolve conflicts in ledger reconciliation Improving throughput requires increasing block capacity or optimizing data processing efficiency. Sui and Aptos break through technical boundaries in different ways through their customized Move languages. Blockchain Transaction Throughput = Block Size × Block Processing Speed Both are committed to optimizing data processing scale and propagation speed. We reveal their respective advantages and trade-offs by analyzing the design differences in their 'transaction processing and block construction' phase. Blockchain Technology Analogy: Restaurant Operations Optimization Blockchain = Restaurant: Provides infrastructure and environment Users = Customers: Interact with the system through 'ordering' (transactions) Transactions = Orders: Specific requests initiated by users On-chain Applications = Waitstaff: Relay orders to the kitchen (validators) and return processing results Leader Validator = Kitchen: Processes orders (validates and executes transactions) and produces results (state changes) State Changes = Dishes: Results of processed transactions In this analogy, the technological improvements of Sui and Aptos are akin to optimizing restaurant operations—accelerating kitchen efficiency, enhancing waitstaff coordination, and ensuring precise and rapid order processing. Ethereum: A Slow-Paced Restaurant Ethereum employs a single-threaded state update mechanism, accumulating transactions over a longer period to form blocks. Its block capacity is small, operations are limited, and transactions must be processed sequentially—even if they involve different state parts...