$SUI SUI is the native token of the Sui blockchain, a high-performance Layer 1 platform designed for scalability and fast transaction processing. Built by Mysten Labs and backed by former Meta engineers, Sui utilizes the Move programming language and a unique object-centric data model to enable parallel transaction execution. This architecture supports low latency and high throughput, making Sui attractive for gaming, NFTs, and DeFi applications. SUI tokens are used for gas fees, staking, and governance within the ecosystem. With strong institutional backing and an innovative technical foundation, Sui aims to challenge existing blockchains by delivering a more efficient Web3 experience.