With the similar backgrounds of Sui and Aptos, the debate over which will emerge as the leader in the Move-based blockchain space continues to heat up. This report takes a data-driven approach to explore the overall performance of the Sui and Aptos ecosystems in 2024. It covers key aspects such as network performance, user growth, capital inflows, ecosystem development, and token performance, providing a comprehensive analysis of their progress.
Abstract
In terms of TPS data, Sui’s theoretical performance is higher. However, Aptos generally has lower transaction fees, while Sui’s Gas fees can be relatively higher in certain transaction scenarios.
By the end of 2024, Sui’s monthly active users reached 8.3 million, while Aptos reached 10 million, with Aptos’ daily active users continuously growing, demonstrating higher user stickiness.
Sui’s TVL peaked at $2.3 billion in 2024, while Aptos reached a peak of $1.3 billion in December 2024.
Sui reached a daily transaction peak of 58.4 million transactions in 2024, while Aptos set a single-day transaction record of 326 million transactions in August 2024.
Sui set a daily Gas fee income record of $160,000, while Aptos’ highest record was $100,000. Additionally, Aptos’ daily average Gas fee income in 2024 was consistently at a lower level.
By January 10, 2025, Sui’s net capital inflows in the past year reached $1.16 billion, while Aptos experienced a net outflow of $3.5 million.
By the end of 2024, Aptos’ stablecoin market cap reached $633 million, while Sui’s stablecoin market cap was $370 million.
In 2024, SUI’s price performance was strong, with a full-year increase of 500%, repeatedly breaking historical highs. In contrast, APT’s price growth was more moderate, with the price even retreating at the end of the year and failing to set new historical highs.
Aptos’ ecosystem projects (187) significantly outnumbered Sui’s (86). Sui’s users are mainly concentrated in areas like social and gaming, and it briefly attracted some capital through Meme coins, but the enthusiasm did not last. Aptos, on the other hand, focused on RWA and BTCFi, attempting to expand its ecosystem by introducing more assets.
Sui’s decentralized exchange (DEX) transaction volume reached a peak of $674 million in 2024, while Aptos’ highest daily transaction volume was $86.9 million.
In the Sui ecosystem, 7 DeFi protocols had a TVL of over $100 million, while Aptos had only 5. Additionally, Sui’s tokens performed better in market cap rankings, with multiple tokens entering the top 1,000, while Aptos’ tokens were mainly ranked outside the top 1,000.
(Click below to access the full report)
Gate Research Gate Research is a comprehensive blockchain and crypto research platform that provides readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.
* La información no pretende ser ni constituye un consejo financiero ni ninguna otra recomendación de ningún tipo ofrecida o respaldada por Gate.io.
* Este artículo no se puede reproducir, transmitir ni copiar sin hacer referencia a Gate.io. La contravención es una infracción de la Ley de derechos de autor y puede estar sujeta a acciones legales.
TON (Telegram Open Network) is a decentralized blockchain platform initially designed and developed by the Telegram team, creators of the Web2 messaging app. Due to regulatory challenges, the development and growth of TON were gradually taken over by the community. TON maintains a close collaborative relationship with Telegram, which provides the TON ecosystem with a natural pool of user traffic. Simple and engaging games like Hamster and Notcoin have drawn over a million new Telegram users into the Web3 world. This significant user base potential has attracted numerous Web3 builders and investors to the TON ecosystem. This article will begin with an introduction to TON’s origin with Telegram, systematically exploring the TON ecosystem and discussing the platform’s growth journey and the potential opportunities underlying its data.
Pump.fun is leading the charge in the memecoin launchpad trend, driving the rapid growth of emerging memecoin projects. This report delves into its unique mechanisms and key data, revealing market trends and opportunities behind the expansion of the memecoin ecosystem.
DeFi is becoming a cornerstone of the maturing crypto market. While established players like Aave, MakerDAO, and Compound continue to lead, many other protocols are exploring ways to break new ground through modular lending, real-world asset (RWA) tokenization, interest-free and unsecured loans, and AI integration. This article takes an in-depth look at the competitive landscape of the DeFi sector and highlights emerging innovation trends. By examining how DeFi lending platforms operate, key technological advancements, regulatory developments, and market opportunities, the report uncovers the significant potential of this field to enhance financial service efficiency and drive capital flow. Amid challenges like market fluctuations, technological hurdles, and compliance pressures, the DeFi lending market is pushing boundaries to achieve safer, more efficient, and sustainable growth. Combining insights from technological advancements and business data, this article presents a forward-looking blueprint for the f
11/14/2024, 6:36:21 AM
Gate Research: The Race Among Move-based Blockchains - A Deep Dive into the Competition and Ecosystem Development of Sui and Aptos
With the similar backgrounds of Sui and Aptos, the debate over which will emerge as the leader in the Move-based blockchain space continues to heat up. This report takes a data-driven approach to explore the overall performance of the Sui and Aptos ecosystems in 2024. It covers key aspects such as network performance, user growth, capital inflows, ecosystem development, and token performance, providing a comprehensive analysis of their progress.
In terms of TPS data, Sui’s theoretical performance is higher. However, Aptos generally has lower transaction fees, while Sui’s Gas fees can be relatively higher in certain transaction scenarios.
By the end of 2024, Sui’s monthly active users reached 8.3 million, while Aptos reached 10 million, with Aptos’ daily active users continuously growing, demonstrating higher user stickiness.
Sui’s TVL peaked at $2.3 billion in 2024, while Aptos reached a peak of $1.3 billion in December 2024.
Sui reached a daily transaction peak of 58.4 million transactions in 2024, while Aptos set a single-day transaction record of 326 million transactions in August 2024.
Sui set a daily Gas fee income record of $160,000, while Aptos’ highest record was $100,000. Additionally, Aptos’ daily average Gas fee income in 2024 was consistently at a lower level.
By January 10, 2025, Sui’s net capital inflows in the past year reached $1.16 billion, while Aptos experienced a net outflow of $3.5 million.
By the end of 2024, Aptos’ stablecoin market cap reached $633 million, while Sui’s stablecoin market cap was $370 million.
In 2024, SUI’s price performance was strong, with a full-year increase of 500%, repeatedly breaking historical highs. In contrast, APT’s price growth was more moderate, with the price even retreating at the end of the year and failing to set new historical highs.
Aptos’ ecosystem projects (187) significantly outnumbered Sui’s (86). Sui’s users are mainly concentrated in areas like social and gaming, and it briefly attracted some capital through Meme coins, but the enthusiasm did not last. Aptos, on the other hand, focused on RWA and BTCFi, attempting to expand its ecosystem by introducing more assets.
Sui’s decentralized exchange (DEX) transaction volume reached a peak of $674 million in 2024, while Aptos’ highest daily transaction volume was $86.9 million.
In the Sui ecosystem, 7 DeFi protocols had a TVL of over $100 million, while Aptos had only 5. Additionally, Sui’s tokens performed better in market cap rankings, with multiple tokens entering the top 1,000, while Aptos’ tokens were mainly ranked outside the top 1,000.
(Click below to access the full report)
Gate Research Gate Research is a comprehensive blockchain and crypto research platform that provides readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.
* La información no pretende ser ni constituye un consejo financiero ni ninguna otra recomendación de ningún tipo ofrecida o respaldada por Gate.io.
* Este artículo no se puede reproducir, transmitir ni copiar sin hacer referencia a Gate.io. La contravención es una infracción de la Ley de derechos de autor y puede estar sujeta a acciones legales.
TON (Telegram Open Network) is a decentralized blockchain platform initially designed and developed by the Telegram team, creators of the Web2 messaging app. Due to regulatory challenges, the development and growth of TON were gradually taken over by the community. TON maintains a close collaborative relationship with Telegram, which provides the TON ecosystem with a natural pool of user traffic. Simple and engaging games like Hamster and Notcoin have drawn over a million new Telegram users into the Web3 world. This significant user base potential has attracted numerous Web3 builders and investors to the TON ecosystem. This article will begin with an introduction to TON’s origin with Telegram, systematically exploring the TON ecosystem and discussing the platform’s growth journey and the potential opportunities underlying its data.
Pump.fun is leading the charge in the memecoin launchpad trend, driving the rapid growth of emerging memecoin projects. This report delves into its unique mechanisms and key data, revealing market trends and opportunities behind the expansion of the memecoin ecosystem.
DeFi is becoming a cornerstone of the maturing crypto market. While established players like Aave, MakerDAO, and Compound continue to lead, many other protocols are exploring ways to break new ground through modular lending, real-world asset (RWA) tokenization, interest-free and unsecured loans, and AI integration. This article takes an in-depth look at the competitive landscape of the DeFi sector and highlights emerging innovation trends. By examining how DeFi lending platforms operate, key technological advancements, regulatory developments, and market opportunities, the report uncovers the significant potential of this field to enhance financial service efficiency and drive capital flow. Amid challenges like market fluctuations, technological hurdles, and compliance pressures, the DeFi lending market is pushing boundaries to achieve safer, more efficient, and sustainable growth. Combining insights from technological advancements and business data, this article presents a forward-looking blueprint for the f