$SUI is the native token of Sui, a layer 1 blockchain optimized for nearly instant transactions, low latency, and great scalability thanks to the parallel execution of transactions and the Move language.

It was developed by Mysten Labs, founded by former Meta engineers who worked on Diem and Move.

📊 Key data (as of July 19, 2025)

Price: between US $3.77 and $3.84 according to the source, reflecting a slight intraday variation.

Market capitalization: approximately US $13,000 M, with a circulating supply of ~3.46 billion tokens (max. 10,000 M).

24h volume: between US $1,100 M and $1,700 M.

Weekly performance: +12–13%.

🔧 Uses and functions of the token

1. Gas fees: to pay transaction fees.

2. Staking: allows participation in network validation and receiving rewards.

3. Governance: holders vote on updates or changes to the protocol.

4. It is used in numerous dApps, DeFi, and gaming platforms built on Sui.