Sui has taken up the MOVE banner, can Aptos keep up?

It is really eye-catching. According to Messari's latest analysis of the @Aptos ecosystem system report, its total locked TVL has exceeded 1 billion US dollars, a year-on-year increase of 19 times. Many people may not have a concept yet, but instead think that Sui, which continues to pull the market, is the glory of this round of Move public chains. However, if you understand the different development paths of Aptos and Sui, you may have different ideas. Next, let's talk about it briefly:

1) From a historical perspective, both @Aptos and @SuiNetwork have teams from the former Internet giant Facebook (Meta), and are Move-related projects that were derived after the original stablecoin project Diem was shut down due to regulatory pressure.

Both of them have backgrounds in large Internet companies and have advanced innovation and engineering implementation capabilities in the field of web2. Therefore, when it comes to new public chains in the Move series, there must be Aptos if there is Sui, and they can be called the two heroes of Move.

The difference is that Aptos inherits Diem's genes and continues its technical route and development thinking. In contrast, Sui is closer to the web3 application scenarios and has boldly made many technological innovations and explorations.

2) Taking the Move language, which is also the underlying language, as an example, Sui adopts an Object-centric and DAG (directed acyclic) data structure to improve high performance by reducing the complexity of data communication. Although Aptos is also object-centric, it has the concept of Account, so it needs a stronger processing capability for global data, which relies on its Block-STM parallel processing capability and BFT consensus mechanism.

In simple terms, Aptos has more of a web2 big company mindset. Based on this BFT consensus mechanism and global transaction logic, it can push high-performance TPS to an even higher level. It is said that the theoretical maximum TPS can reach 160,000, which is the result of maximizing efficiency after its Block-STM executes batch transactions and batch verifications in parallel.

Therefore, when it comes to web3 Native, Sui's ecology and innovation may be more popular, but when it comes to the future potential of public chain technology and ecology, Aptos, which focuses more on the development orientation of web2 thinking, may win the game.

3) As shown in the report by Messari, Aptos has a clear advantage in institutional adoption. For example, BlackRock has expanded its BUIDL fund to Aptos; Bitwise has launched an activity to pledge ETP funds on the Aptos chain; Franklin Templeton and Libre have deployed funds on Aptos. In addition, Tether (USDT) has launched a native contract on Aptos, and Circle (USDC) is also going to launch a native contract.

It can be seen that Aptos is quite popular among traditional institutions and fund companies. This may be the "resource" advantage gained by its superior web2 thinking in terms of compliance, stability, security, etc.

Previously, such advantages might have been criticized as "traditional", but in the current market context where the US crypto government and ETF funds are the main driving forces, advantages like Aptos will undoubtedly be further amplified.

At present, Sui has experienced a round of explosive growth, which has opened up the market's imagination of the Move ecosystem. Aptos, which is more inclined towards large institutions, pays more attention to steady development, and focuses more on large-scale finance and infrastructure, is just waiting for a pump moment.

4) Because Aptos is more inclined to the tone of "compliance", Aptos regards the tokenization of real assets (RWA) and the Bitcoin ecosystem (BTCFi) as the core strategies for the development of the ecosystem at the ecological level. For example, Aptos cooperated with @OndoFinance to introduce USDY into the ecosystem and integrate it with its main DEX and lending applications, and cooperated with Probase to explore real estate tokenization projects. Aptos also entered the BTCFi ecosystem through its ecological project @EchoProtocol_, and provided a 10% APY bottom line for native BTC flowing into the Aptos ecosystem, etc.

Obviously, Aptos' strategic layout determines that it prefers the orientation of future innovative narratives. This is completely different from the attitude of other current ecosystems that develop DeFi and prefer the short-term hot Fomo effect. Anyway, it always focuses on a steady and cautious approach, waiting for the dawn of new narratives such as RWA+BTCFi.