I think we can all agree that Sui has made incredible progress in recent months - and has just officially launched its mainnet on May 3.
The SUI token currently has a fully diluted valuation of around $13 billion, putting it ahead of established networks like Avalanche, Solana, and Polygon. In addition, the recent partnership between Turbos Finance and Dao Maker is certainly a promising step towards growth and innovation in the Sui space. Excited to see how this collaboration will benefit the community and drive further progress.
However, with that said, I am giving this project a 4 stars. Though Sui has already shown it's a much better Alt-SOL chain than Aptos (in terms of UX, work being done in liquidity side, organic NFT hype, and dev experience), I feel that adoption is still a big question and would need to be figured out. But this is where I like Sui's plan put in place, especially on the liquidity front (deepbook) - something I have not seen with APT.
For continued growth and progress from Sui, they definitely need to have larger improvements to overcome the network effect of existing L1 blockchains. Also, perhaps with more collaborations and strategic partnerships built over time, I believe that the Sui space will eventually attract more and more investors, becoming a top performing L1 blockchain project in time to come. Show Less
2
