$SUI Sui — is a high-performance layer one blockchain built from the ground up to solve some of the most serious issues of modern decentralized networks — scalability, speed, and user experience. Developed by Mysten Labs, a team of former Meta engineers, Sui utilizes a new object-oriented data model and the Move programming language (originally created for Facebook's Diem project). This approach allows Sui to process transactions in parallel rather than sequentially, enabling it to handle a massive volume of activity on the blockchain without congestion and high fees.