Press Release

Sui’s Path Forward: Bybit Debate Forecasts Mass Adoption as Key to Ecosystem Growth in 2025

DUBAI, United Arab Emirates, January 6th, 2025, Chainwire

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, successfully hosted the “Sui Ecosystem Showdown: Mass Adoption vs. Native Growth” livestream during the highly anticipated Sui Wonderland event at Taipei Blockchain Week, offering a compelling forecast for the future of the Sui blockchain and Web3 in 2025. 

The debate, moderated by Emily Bao, Bybit’s Head of Spot and Web3, brought together two expert teams discussing the future trajectory of the Sui blockchain. Team Mass Adoption, featuring Cynthia Qu from the Sui Foundation, angel investor Joe Takayama, Aslan Tashtanov from DeepBook, and Nathan Ramli from Scallop, highlighted the importance of scalability and global accessibility in driving Sui’s growth. 

On the other side, Team Native Growth, represented by Carl Leung from NAVI, Mia from Loopy, Sarah Chang from LumiWave, and Sean Mikha from SuiNS, emphasized the need for a sustainable, community-driven ecosystem to support long-term success.

Team Native Growth Maintained That a Community-Driven Ecosystem Is the Only Path to Long-Term Success

Joe Takayama discussed the potential impact of evolving political and regulatory landscapes on the blockchain ecosystem. He noted that favorable regulatory changes, particularly in key markets like the U.S., could accelerate blockchain adoption in 2025. Increased liquidity and institutional involvement could significantly boost the growth of projects such as Sui.

Aslan Tashtanov pointed to the growing importance of developer-friendly infrastructure. He explained that in 2025, blockchain platforms that lower the barriers to entry and make app deployment faster and easier will attract a more diverse group of developers, driving innovation on networks like Sui.

Team Mass Adoption Contended That Scaling Globally Will Define Sui’s Success in 2025

Mia from Loopy shared her perspective on the changing behavior of Web2 users in the blockchain space. She observed that many users are initially drawn by the promise of financial gains but, after facing challenges such as losses, are turning to more advanced tools like trading bots and AI agents. This trend, she explained, highlights the increasing need for sophisticated blockchain technologies to support more sustainable income models.

Carl Leung discussed the ongoing convergence between Web2 and Web3. He emphasized that in 2025, projects that bridge these two worlds will gain significant traction, pointing to platforms like Polymarket, which engage traditional Web2 users in Web3 environments through prediction markets.

A Shared Vision Emerges Despite Contrasting Strategies

The lively debate ended with both sides agreeing on key trends shaping 2025:

  • Increased institutional involvement driving liquidity and legitimacy.
  • Developer-centric platforms lowering barriers for innovation.
  • Growing user sophistication, demanding smarter tools and sustainable income models.

Emily Bao concluded the debate by reflecting on Sui’s unique position in Web3’s evolution, emphasizing that flexibility and scalability will be critical as blockchain technology continues to mature.

Bybit Web3’s Vision for 2025

The event also showcased Bybit Web3’s commitment to engaging with the Sui ecosystem through its “Sui Wonderland” initiative. Attendees explored opportunities like airdrops, Web3 staking, and DEX Pro tools, with over $310,000 in prizes up for grabs.

Emily Bao summed up the outlook for 2025: “Bybit is proud to champion the growth of forward-thinking ecosystems like Sui. As we move into 2025, discussions like these are vital in shaping the future of Web3 and ensuring that blockchain technologies realize their full potential.”

#Bybit / #TheCryptoArk

About Bybit Web3

Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting.  

Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 50 million users globally.

For more details about Bybit Web3, please visit Bybit Web3. 

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press

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Contact

Head of PR
Tony Au
Bybit
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