We present a phase diagram of high T-c cuprates involving the holon pair co
ndensation based on the SU(2) slave-boson approach to the t-J Hamiltonian.
Owing to the proper account of low-energy phase fluctuations by the SU(2) t
heory, we find that the predicted holon pairing temperature (the supercondu
cting transition temperature) is in better agreement with experiments, comp
ared to the U(1) mean field theory. (C) 2000 Elsevier Science B.V. All righ
ts reserved.