Why has SUI become the strongest public chain in this round?
Sui has truly followed an incredible comeback script! When it first launched two years ago, it was simply unbearable — the FTX crash caused its backer to flee, and the coin price plummeted from $1.7 to $0.4, with airdrops being criticized as "scam chain." Who would have thought that just a few days ago, SUI's market capitalization surged to sixth in the entire industry, leaving behind established chains like Avalanche.
To say what it did right, first of all, it wildly gave away money in the early stages with the Bullshark Quest trilogy, handing out 15 million SUI for free, attracting both real users and opportunists. Next, it executed an exceptional market cap management strategy, heavily subsidizing DeFi yields when the coin price was low, and when the price took off, the whales were reluctant to sell, forming a virtuous cycle. The most impressive part was that the official team personally engaged in creating wealth effects, with beloved projects like Deepbook, SuiNS, and Walrus launching airdrops one after another, often throwing over a hundred million dollars at ordinary users, directly turning the reputation of "No airdrop" into that of "Airdrop Model Student."
The team is also particularly skilled in community operations, tying developers with exclusive agreements, allowing ecosystem projects to airdrop to each other, and co-founders frequently hinting during AMAs that "interactions have surprises," keeping users completely engaged. Looking at Sui's momentum now, although it still can't catch up with Solana for the time being, it is already subtly showing signs of challenging ETH in the next round; this comeback journey is truly both bold and steady!
So, do you have any SUI in your portfolio? If not, don't worry, those who can position themselves will share.
Remember the mantra: "Where the official points, we strike; airdrops may be late but will arrive"