$SUI 💠 $SUI — The Native Token of the Sui Blockchain
Sui ($SUI) is the native utility token of the Sui Network, a next-generation Layer 1 blockchain built for speed, scalability, and developer-friendly smart contracts using Move programming language (originally developed by Facebook's Diem project).
🌐 Key Features:
⚡ High Performance: Parallel transaction execution allows for super-fast throughput.
🛠️ Developer Friendly: Uses Move-based smart contracts with strong safety guarantees.
💰 Use Cases:
Paying gas fees for transactions
Staking to support network security
Participating in on-chain governance
📊 Tokenomics:
Total Supply: 10 billion $SUI
Circulating Supply: Varies, check CoinMarketCap/CoinGecko
Initial Allocation: Community, early contributors, investors, foundation