Sui (SUI) Price Today, Live Chart & History

Sui
SUI
Buy Sui
Sell Sui
$ 1.00
0.00001343 BTC
Marketcap
$ 4,009,646,307
Volume (24h)
$ 911,419,958
Circulating Supply
4,005,418,370 SUI
Total Supply
10,000,000,000 SUI

 

Sui (SUI) Price Chart

Explore the Sui (SUI) live price chart for in-depth insights into its market performance.

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Sui (SUI) Price History

Delve into the Sui (SUI) price history to understand its long-term value trends.

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Historical Price for Sui
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Sui (SUI) to USD Converter

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What is Sui?

Sui is a layer 1 blockchain designed for fast, low-latency transactions and rich on-chain assets. It uses the Move programming language and an object-centric data model to make assets easier to define and manage.

How Does Sui Work?


Sui is secured by proof of stake. Validators run the network, and users can delegate SUI to them to help secure the chain and earn rewards. Sui’s architecture separates data availability from ordering and uses components known as Narwhal and Bullshark to keep throughput high. Many independent transactions can execute in parallel, which helps lower wait times.

What Makes Sui Different?


Instead of treating everything as simple account balances, Sui models assets as objects with their own rules. This design enables parallel execution when transactions do not touch the same objects. The result is fast confirmation and a developer experience focused on clear asset logic.

History and Development


Sui launched its public mainnet on May 3, 2023. Since then, work has focused on scaling, developer tools, and ecosystem services, with upgrades tested on public networks before mainnet release.

Token Supply and Economics


SUI is the network’s native token. It pays transaction fees, is used for staking and delegation, and participates in on-chain governance processes. The total supply is capped at ten billion tokens, with circulating supply increasing over time based on the published schedule.

Use Cases of Sui


Builders use Sui for payments, gaming, NFTs, identity, and DeFi. Apps can define complex assets and interactions in Move, while users transact with low, predictable fees through wallets that connect to the network.

Advantages of Sui


- Parallel execution that reduces contention and speeds up independent transactions.
- Object-centric model that maps well to real assets and game items.
- Proof of stake with delegation and epoch-based rewards.
- Gas and storage design with upfront storage fees and rebates when data is deleted.

While Sui offers many opportunities for investment and transactions, there are many other cryptocurrencies available that could align more closely with your specific needs. Whether you’re looking to diversify your portfolio or just getting started, we encourage you to check out our guide on the best crypto to buy now.

Additionally, to enhance your cryptocurrency management experience, consider reading our guides on the best crypto wallet and the best crypto app.

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