$SUI

is the native token of the Sui blockchain, a high-performance, layer-1 platform designed for scalability and low-latency smart contracts. Developed by Mysten Labs, Sui uses the Move programming language, originally created by Meta, to enable fast and secure asset management. Sui employs a novel approach to parallel transaction execution, enabling it to process thousands of transactions per second with low fees. tokens are used for gas fees, staking, governance, and validator rewards. The network targets use cases like gaming, DeFi, and NFTs, aiming to provide a user-friendly and developer-optimized blockchain infrastructure for the next-generation internet.