$SUI Sui (SUI) - Overview**

**Sui** is a high-performance **Layer 1 blockchain** designed for fast and scalable decentralized applications (dApps). It was developed by **Mysten Labs**, a team with former Meta (Facebook) employees who worked on the **Diem (Libra)** blockchain project.

Sui focuses on **low-latency transactions, high throughput, and developer-friendly features**, making it a competitor to blockchains like **Solana, Aptos, and Ethereum**.