Sui is a high-performance Layer 1 blockchain designed for speed, scalability, and user accessibility. Built by Mysten Labs, Sui leverages the Move programming language and an object-centric data model to process over 297,000 transactions per second with sub-second finality .
Key Features:
• Ultra-Fast Transactions: Achieve near-instant finality with low, predictable fees.
• Developer-Friendly: Utilize Move for secure and efficient smart contract development.
• User-Centric: Implement Zero-Knowledge Login for seamless onboarding and Sponsored Transactions to eliminate gas fees for users .
The native token, SUI, is used for staking, gas fees, and governance within the network. As of April 14, 2025, SUI is trading at approximately $2.32 with a market capitalization of over $7.5 billion .
With its innovative approach and strong developer backing, Sui is positioning itself as a leading platform in the blockchain space.
