Sui: $737 million in inflows this year alone... ”An emerging powerhouse like Korea in the 2000s”

An analysis has revealed that the layer-1 blockchain Sui has attracted $737 million in funding into its ecosystem this year.
Jamie Coutts, a cryptocurrency market analyst at Real Vision, said through X (formerly Twitter) that "this year,
Sui's inflow of $737 million made it the second most popular layer 1 altcoin after Solana, which recorded $1.1 billion.
According to Coutts' analysis, in terms of the percentage of market capitalization this year, Sui has 18%, nine times more than Solana (2%). The funds that flowed out of Ethereum were mainly from Layer
"92.9% of Sui's inflow comes through Ethereum," he said, "If Ethereum is the United States, then it is the United States."
"Lana can be compared to China, and Sui to emerging stocks like South Korea and Singapore in the 2000s. They have technological capabilities and are building capital markets," he said.