Currently, Sui ($SUI) is still in the early stages of its development. The creators of SUI have made it clear that their goal is not to compete with Ethereum or Solana (SOL). In fact, the entire blockchain industry is still in an exploratory period. Ethereum and SOL mainly serve users in the cryptocurrency field, but have not yet been able to effectively expand to a wider user group. This means they have not yet become industry standards.

$SUI ’s vision is to guide users of Web2 to Web3 and further expand the size of the cryptocurrency market, with the goal of expanding the market 10 times or even 100 times. This is 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 top of it. The recently launched Deepbook is a good example!

In addition, $SUI showed significant innovation in code and infrastructure construction. Many developers from Ethereum and SOL said that they are excited about the launch of SUI and believe that SUI will play an important role in the upcoming bull market.