$SUI

$SUI is the core currency of the Sui Network, a high performance Layer 1 blockchain designed and born by Mysten Labs. Built on Facebook’s Diem-compatible Move programming language, Sui offers unparalleled throughput and almost instant finality. By reconceiving the data structure at the base of the blockchain and treating assets as isolated individually addressable objects, Sui makes full parallelism of transaction processing possible, avoiding serialized bottlenecks. The result is a chain for fast settling transfers and smart contract calls, optimized to reduce latency times and (so the theory goes) gas fees, and an infrastructure that powers dApps, gaming economies and DeFi protocols.

Sui is on fire right now. The ecosystem is burgeoning with dApps, NFT marketplaces, and DeFi primitives. Backed by big investments from premiere VCs, Sui is ramping up adoption even more with developer grants and a thriving community.

In the future, the Sui Network will be focused on to become an ultra-reliable, friendly and most-used blockchain layer for developers and users. Key areas of focus including optimizing developer toolchains, facilitating frictionless cross-chain, and scaling network throughput. Continuing platform upgrades and a thriving ecosystem puts $SUI in an advantageous position to win a large share of the soon-to-be gigantic market for performance-driven, user-based blockchain infrastructure. Investors and builders, be sure to keep an eye on Sui as it continues to mature alongside one of the driving forces of the growing Web3 economy.