$SUI is the native token of the Sui blockchain, a high-performance Layer 1 platform designed for low-latency and high-throughput decentralized applications (dApps). Developed by Mysten Labs, Sui uses the Move programming language and a unique parallel execution model, allowing it to process transactions simultaneously—greatly increasing scalability. $SUI is used for transaction fees, staking, and governance within the ecosystem. With features like instant finality and object-centric data structures, Sui aims to redefine user experience in Web3. Its growing ecosystem includes DeFi, NFTs, and gaming projects, making $SUI a strong contender among next-generation blockchains.