At present, Sui ($SUI ) is still in the early stages of development. The founders of SUI made it clear that they do not intend to become a competitor to Ethereum or Solana (SOL). In fact, the entire blockchain industry is still in an experimental stage. Ethereum and SOL mainly serve users in the cryptocurrency field and have not yet been able to effectively serve a wider user group. This means that they have not yet become the industry standard.

The goal of $SUI is to introduce Web2 users to Web3 and further expand the size of the cryptocurrency market, with the goal of expanding the market volume by 10 times or even 100 times. This is also one of the reasons why SUI is considered to be in its early stages: the current focus is on building infrastructure, first migrating the existing cryptocurrency ecosystem to the SUI ecosystem, and then innovating on this basis. The recently launched Deepbook is a very good example!

In addition, $SUI has shown great innovation in code and infrastructure construction. Many developers from Ethereum and SOL said that they are excited about the emergence of SUI and believe that SUI will occupy an important position in the upcoming bull market.