$SUI
SUI is a cryptocurrency that is part of the Sui Network blockchain platform. Sui Network is a layer 1 blockchain designed to be scalable, secure, and user-friendly. The SUI cryptocurrency is used for:
- *Gas fees*: Paying transaction fees on the Sui network.
- *Governance*: Participating in platform governance and decision-making.
- *Staking*: Validating transactions and maintaining network security.
Sui Network is known for its Proof of Stake (PoS) consensus technology and ability to process transactions quickly and efficiently. The price and adoption of SUI cryptocurrency can vary according to market conditions. SUI has gained attention for its innovative approach to blockchain scalability and usability.