$SUI
The Sui (SUI) cryptocurrency is one of the promising digital currencies that aims to provide a scalable, efficient, and user-friendly blockchain platform for decentralized applications (dApps) and smart contracts. Developed by Mysten Labs, it has garnered significant attention from investors.
What is the Sui currency?
Sui is a peer-to-peer payment network that does not require a central authority to operate. It relies on mining technology and transactions between parties to enable various uses, including decentralized finance (DeFi), gaming, and supply chain management.
The SUI currency plays a vital role as the native currency of the network, being used for:
Conducting transactions.
Creating smart contracts.
Interacting with various applications on the platform.