$SUI
Sui Coin is the native token of the Sui blockchain, a high-performance Layer 1 network developed by Mysten Labs. Built using the Move programming language, Sui is designed for fast, secure, and scalable transactions. It uses a unique object-based model and supports parallel transaction execution, enabling low fees and high throughput. These features make it ideal for gaming, decentralized finance (DeFi), and real-time applications. SUI is used for paying gas fees, staking to secure the network, and participating in governance. Launched in 2023, Sui aims to provide a user-friendly blockchain experience with fast finality and strong developer support.
