# What is the SUI token in cryptocurrencies?

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SUI is the **native token of the Sui blockchain**, a Layer-1 network designed to offer high scalability, fast transactions, and low fees. This token has three main functions within the ecosystem:

1. **Payment of transaction fees**: It is used to pay the fees when performing operations on the network.

2. **Participation in governance**: Holders can vote on updates or significant changes to the platform.

3. **Staking**: Allows users to participate in the security of the network by delegating their tokens to validators.

## Unique features of Sui

### Object-based model

Unlike other blockchains that use an account-based bookkeeping model (like Ethereum), Sui uses an **object-oriented model**. This allows unrelated transactions to be processed in parallel, significantly improving the speed and efficiency of the network.

### Move programming language

Sui is built using **Move**, a secure and flexible programming language originally developed by Meta (formerly Facebook). This language is specifically designed for decentralized applications (dApps) and offers greater security against common errors in smart contracts.

### Predictable gas fees

A key advantage of Sui is its **more predictable gas fee mechanism**. Validators set a base gas price at the start of each "epoch" (a 24-hour period), which helps keep fees stable and generally lower than on other networks like Ethereum.

### Support for advanced digital assets

Sui also stands out for allowing the creation of unique digital assets such as **non-fungible tokens (NFTs)** and tokenized assets backed by Bitcoin or other real assets. For example, OKX launched xBTC, a Bitcoin-backed token, and chose Sui as one of the first chains for its implementation.

## SUI Tokenomics

- **Maximum supply**: 10 billion tokens.

- There were no airdrops at its launch, reflecting a focus on **long-term stability**.

- The **delegated Proof-of-Stake** system allows users to earn rewards by delegating their tokens to validators.

## Use cases and adoption

### DeFi and real-world assets

Sui is integrating with projects that allow the tokenization of real-world assets (RWA), such as real estate or bonds. For example, through a collaboration with Open Market Group, users can create **Soulbound tokens** that represent access to these assets.

### Web3 Games

The gaming sector is also growing in Sui. A prominent example is **XOCIETY**, which collaborated with Adidas to launch limited NFT skins that players can use or trade.

### Institutional investment

Companies like **Lion Group** announced investment plans in SUI as part of corporate strategies in cryptocurrencies, which has boosted its adoption and trust in the market.

## Future prospects

According to analysts and influential figures in the crypto community:

- Some KOLs (key opinion leaders) see SUI as a bullish opportunity if it manages to surpass certain key technical levels.

- It has growth potential due to its innovative technology and adoption by significant projects.

- Its position on exchanges like **Coinbase** and its ranking among the 50 largest cryptocurrencies by market capitalization positions it as a relevant asset in the market.

In summary, **SUI is not just another currency**, but a fundamental piece of a blockchain network focused on speed, security, and practical use cases, ideal for both developers and investors interested in the future of the decentralized web.

The above information has been researched, summarized, and does not constitute investment advice.