$SUI

SUI is the native cryptocurrency of the Sui blockchain, a layer 1 platform designed for fast, secure, and scalable transactions. Developed by Mysten Labs, it uses the Move language for smart contracts, optimizing security and efficiency. SUI allows for gas fee payments, participation in governance, staking, and DeFi applications, NFTs, and gaming. Its object-centric model enables parallel processing, achieving high speed (up to 300,000 TPS) and low costs (less than $0.01 per transaction). With a maximum supply of 10 billion, SUI promotes the mass adoption of Web3, competing with Solana and Ethereum.