$SUI

*Sui Coin* is the native token of the *Sui blockchain*, a high-performance Layer 1 platform developed by Mysten Labs. Built using the Move programming language, Sui is designed for speed, scalability, and low-latency transactions, making it ideal for gaming, DeFi, and NFTs. It uses a unique consensus mechanism that separates simple and complex transactions for faster processing. The SUI token is used for gas fees, staking, and governance within the ecosystem. Its innovative approach allows parallel transaction execution, enabling high throughput and low fees. Sui aims to offer a developer-friendly environment for building Web3 applications at internet-scale speed.