MOVE Ecosystem—What Makes SUI Stand Out

Regarding the recently booming MOVE ecosystem, Sui is undoubtedly a standout. Few new blockchains have garnered as much attention as Sui. According to official reports, the total borrowing volume within the Sui ecosystem has exceeded $100 billion. Additionally, Scallop's transaction fee revenue has surpassed $2 million, with a trading volume reaching $57 million, and the Total Value Locked (TVL) hitting a new high of $167 million. So, what exactly makes Sui so unique?

Sui is a next-generation blockchain network that utilizes the Move programming language. Compared to traditional blockchain languages, it offers significant security, flexibility, and efficiency improvements. Overall, Sui stands out in the following key aspects:

1. Object-Centric Data Model: All on-chain data is organized into unique "objects" with ownership, transaction history, and defined details. This allows efficient parallel processing of transactions involving different objects.

2. Sui Move: Built specifically for Sui's object-centric model, this language prioritizes security. It treats resources like tokens as immutable, preventing duplication or destruction, and eliminates threats such as double-spending or reentrancy attacks.

3. Unique Network Architecture: On Sui, each set of transactions is processed in parallel, greatly enhancing its horizontal scalability. This feature theoretically allows Sui to handle hundreds of thousands of transactions per second, although the average TPS over the past 30 days was only 36.

These innovative technologies, including the Move programming language, have ultimately driven a surge in Sui's development!

When talking about the MOVE ecosystem, another well-known project is Aptos. This project, like SUI, is another Layer 1 blockchain based on the Move language, also aiming to build high-performance, scalable Web3 infrastructure. There are several key differences between the two:

1. Architecture Differences: SUI mainly focuses on innovation in its architecture, such as using Narwhal and Bullshark as its consensus engines, and it has extended the Move language by adding new features like support for NFTs, asset management, and data storage. In contrast, Aptos adopts a modular architecture. Rather than introducing significant innovations like SUI, Aptos has focused more on refining existing concepts. For example, it standardizes the language and introduces stronger function support and customization capabilities.

2. Differences in Market Capitalization and Price:  

•    SUI currently has a market cap of 5,586 million USDT and a price of $2.02.  
•    APT currently has a market cap of 4,264 million USDT and a price of $8.48.

Since its listing on the Bitrue futures market, the price of Sui has risen by nearly 324%. As of midnight on October 12, 66.67% of users hold long positions. What is your outlook for the future market?

We have prepared a special Sui futures event for you! If you'd like to earn Sui airdrops and other generous rewards, do join our event. There are added rewards for new users!

Click here to join the event now!

Please note that digital currencies carry a high level of risk. If you hold or plan to hold this asset soon, be mindful of the risks and manage your assets carefully.