We can't really compare ARB with SUI, could we? I mean judging from the growing TVL and the increasing transaction volume in Arbitrum, I think it could reach 10 billion market cap and even outpace the likes MATIC and ADA in a fully fledging bull market. ARB could basically be a leveraged bet for Ethereum and many projects in ETH L1 will later have to have a go to L2 and Arbitrum would be their best option since it has the highest TVL, activity and volume.
But if you guys think I'm wrong then what's the best ETH L2? :/
Yes SUI is a new coin tho and after I check that SUI is layer 1 so i made a mistake on my first post, so Layer 2 and Layer 1 is different. In this case Arbitrum has a lot of TVL since this using EVM or Ethereum Virtual Machine meaning you can use your code from eth. bnb chain or other bring to arbitrum and change little bit. But layer 2 depent on their layer 1 in this case Etherum
and the SUI is layer and pretty much new that is why the tvl is pretty much low but since this is PoS chain maybe sui will get the attentin too