$SUI Currency (Sui (SUI

It is a digital currency representing the Layer 1 blockchain Sui, launched in May 2023. It is characterized by its focus on (1) Layer) ultra-fast speed and low transaction costs, developed by a team of experts from Mysten Labs, formerly associated with Facebook's (Diem) project and the Novi wallet. It aims to support applications such as games and decentralized finance (DeFi) with a user experience close to traditional web (dApps) decentralized applications.