$SUI Sui is a high-performance Layer 1 blockchain developed by Mysten Labs, designed for scalability, speed, and low-cost transactions. It uses the Move programming language and a unique object-based model that enables parallel transaction execution, significantly increasing throughput. Unlike traditional blockchains, Sui doesn’t rely solely on consensus for all operations, allowing it to handle thousands of transactions per second. It supports a wide range of decentralized applications (dApps), especially in gaming and NFTs. With strong VC backing and growing ecosystem development, Sui is emerging as a powerful competitor in the blockchain space, aiming to deliver Web3 experiences to mainstream users.