$SUI Launched in May 2023 by the blockchain technology firm Mysten Labs, Sui is a Layer-1 decentralized blockchain designed to offer high-speed, low-cost transactions and a massively scalable network for decentralized applications (dApps), decentralized finance (DeFi), gaming, and more. CoinGecko
At its core, Sui aims to address the long-standing scalability and usability challenges of early blockchains such as Ethereum, while providing infrastructure that can support a new wave of mainstream blockchain users and developers
