Today I had the honor to participate in Sui's offline event, covering topics such as the Move programming language, the decentralized storage protocol Walrus, and the upcoming Seal technology. The entire event not only gave me a deep understanding of the technological progress of the Sui ecosystem, but also made me full of confidence in the future growth potential of Sui Coin (SUI). The following combines the content of the event to explain my bullish views from three aspects: technological innovation, ecological development, and market prospects.
1. Move Language: Continuous Strengthening of Technical Foundation
The event first focused on the Move programming language, which is the core technical pillar of the Sui blockchain. As a language designed specifically for blockchain, Move is known for its security, efficiency and flexibility. Developers on site shared how Move optimizes asset management and smart contract development through the "object-centric model", especially the breakthrough in parallel transaction processing. This design allows Sui to far surpass many traditional public chains in performance, with transaction confirmation times as low as sub-seconds and throughput theoretically reaching hundreds of thousands of transactions per second.
More importantly, Move's ecological tool chain is rapidly improving. The event mentioned that the Sui team is promoting the integration of Move with more development frameworks to lower the threshold for developers to get started. This means that more DApps will choose Sui as the underlying platform in the future, especially in the fields of DeFi, NFT and games. The solid technical foundation and the growth of the developer community will undoubtedly lay the foundation for the long-term value growth of SUI.
2. Walrus: The killer feature of decentralized storage
The discussion about Walrus at the event really caught my eye. Walrus is a decentralized storage protocol in the Sui ecosystem, created by Mysten Labs. The testnet has been launched recently, and the mainnet is expected to be launched in the first quarter of 2025. Walrus uses Sui's Move language and innovative "Red Stuff" encoding algorithm to achieve efficient and low-cost data storage, while supporting programmability - users can modify, delete or transfer data, which is an advantage that traditional storage protocols such as Filecoin and Arweave cannot achieve.
A real-life case was demonstrated on site: developers store game asset data through Walrus and use Sui's smart contracts to achieve dynamic management. This seamless integration made me realize that Walrus can not only serve the Sui ecosystem, but may also become a storage solution for other public chains (such as Ethereum and Solana). With the mainnet approaching and the launch of the $WAL token, Walrus is expected to become the next explosion point for the Sui ecosystem, further pushing up the demand and price of SUI. After all, a strong storage layer will attract more DApps with high data requirements, and the prosperity of these applications is inseparable from the core role of SUI as a gas fee and governance token.
3. Seal: A leap forward in privacy and user experience
The event also revealed information about Seal, an upcoming technology designed to improve Sui's user experience and privacy protection through zero-knowledge proof and encryption technology. Seal's potential applications include encrypted file sharing, anonymous transaction signing, etc., which reminds me of the possibility of combining it with Walrus - users can achieve fully decentralized and privacy-protected communication or data transmission on Sui.
What’s even more exciting is that Seal may work with Sui’s existing technologies such as zkLogin and Stashed to promote the “Web2-ization” experience of Web3 applications. Imagine if ordinary users can use decentralized chat or storage services through sponsored transactions without holding SUI, Sui’s popularity will increase significantly. This user-friendly innovation will not only expand Sui’s audience base, but may also attract the attention of institutional funds, further pushing up SUI’s market valuation.
4. Market sentiment and prospects: multiple positive factors
From a market perspective, Sui's current momentum is on the rise. As of March 23, 2025, the price of SUI has exceeded the $2 mark, with a market value of nearly $7.4 billion. The recent Sui ETF application submitted by Canary Capital and the cooperation with World Liberty Financial have ignited market enthusiasm. Offline activities revealed that the Sui team is still increasing its investment in ecological incentives and global promotion, such as the upcoming Sui Basecamp 2025 and Gaming Summit. These measures will further enhance Sui's brand influence and community activity.
Combined with the launch of Walrus mainnet and the implementation of Seal technology, I believe that SUI is expected to challenge the goal of $5 or even higher in 2025. Walrus's token economy ($WAL) may indirectly increase the destruction of SUI through staking and storage fees, forming a deflationary effect, while Seal's privacy features may attract more institutions and users to enter the market. With multiple positive factors, the overall value of Sui ecology will usher in explosive growth.
Conclusion
Today's offline event made me deeply feel the ambition and technical strength of the Sui team. The Move language has laid a solid foundation, Walrus has opened up a new situation for storage, and Seal has injected new vitality into privacy and user experience. As a public chain with both technological innovation and market potential, Sui is rising rapidly. I am firmly optimistic about the future of SUI. Whether it is a price breakthrough in the short term or a long-term ecological prosperity, this "walrus" will lead Sui to swim to a wider ocean!
