Read Our New Project Report About Bitcoin (BTC) - The World's Largest Cryptocurrency

Aptos and Sui - The New Kids on the Block

Binance Research (Shivam Sharma)


(English) (中文) (Türk) (русский)

  • Aptos and Sui are new Layer-1 projects that seek to solve the scalability and safety issues that are characteristic of the current Layer-1 space

  • Both blockchains utilize the new smart-contract specific programming language, Move. Move comes pre-built with features that hope to deliver an improvement in safety and privacy in the blockchain world. We look forward to monitoring developments in the language and whether it manages to deliver on its promises

  • Aptos and Sui have been developed by some of the top engineers and product developers in the Web2 space, and both feature a range of cutting-edge technical features which we dive into in this report

  • Aptos Labs and Mysten Labs (the team behind Sui) have both raised sizeable amounts of capital from a well-capitalized investor base

  • Given the extensive product experience in the background of these teams, both chains are looking to take crypto adoption to the global stage and target the next billion users

  • In this report, we look at the state of the current L1 market, dig into Aptos and Sui and where they fit in, as well analyzing in detail the similarities and differences between the two projects

Please feel free to share with us any feedback or suggestions you may have via this form

About Binance Research: Binance Research is the research arm of Binance, the world's leading cryptocurrency exchange. The team is committed to delivering objective, independent, and comprehensive analysis and aims to be the thought leader in the crypto space. Our analysts publish insightful thought pieces regularly on topics related but not limited to, the crypto ecosystem, blockchain technologies, and the latest market themes.

General Disclosure: This material is prepared by Binance Research and is not intended to be relied upon as a forecast or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities, cryptocurrencies or to adopt any investment strategy. The opinions expressed are as of the date shown above and are the opinions of the writer, they may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by Binance Research to be reliable, are not necessarily all-inclusive and are not guaranteed as to accuracy. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by Binance. This material may contain ’forward looking’ information that is not purely historical in nature. Such information may include, among other things, projections and forecasts. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader. This material is intended for information purposes only and does not constitute investment advice or an offer or solicitation to purchase or sell in any securities, cryptocurrencies or any investment strategy nor shall any securities or cryptocurrency be offered or sold to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the laws of such jurisdiction. Investment involves risks.