$SUI is a layer 1 blockchain developed by Mysten Labs, focused on high speed, low cost, and scalability. Its native token, SUI, is used to pay transaction fees, participate in staking, governance, and trading in crypto markets.
It utilizes the Move language, designed for security and efficiency in smart contracts, particularly useful in DeFi applications, NFTs, and gaming. Unlike other networks, Sui allows transactions to be executed in parallel, which enhances its performance.
It is a platform designed to facilitate the development of decentralized applications with a modern, efficient architecture ready for mass adoption.
Price forecast: 5 to 10 USD if the current trend continues and the altseason is confirmed in the medium to long term.