In today's era, it has become exceedingly difficult for Layer 1 blockchains to gain market traction by merely repurposing existing technologies. Only fundamentally different technologies can justify the creation of a new Layer 1 blockchain.

In this respect, the Sui Network is particularly noteworthy. It features entirely new and innovative aspects including its consensus mechanism, mempool, and programming language. Moreover, it has advanced by improving existing consensus methods.

Features like zkSend and zkLogin seem to exemplify how blockchains for the masses should evolve. Sui, introducing these technologies at the forefront of the market, might indeed justify its existence as a new Layer 1.

In fact, in less than a year, Sui has achieved a Total Value Locked (TVL) of $700 million, ranking it third among non-EVM blockchains. The future prospects of Sui are certainly very promising.