$SUI Sui is a Layer 1 blockchain developed by Mysten Labs, launched in 2023. It is designed to be ultra-fast, scalable, and ideal for Web3 applications, games, NFTs, and decentralized finance (DeFi).
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⚙️ Key features:
• Move Language: derived from the one used by Diem (former Meta project), safer and faster than Solidity.
• Parallel transaction processing → over 100,000 transactions/second possible!
• Ultra-low fees
• Fast finality (a few seconds)
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📈 SUI Token:
• Used for: paying fees, staking, participating in governance
• Total supply: 10 billion tokens
• Very volatile price like any recent altcoin