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Sui

SUIUSD
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1.018

+0.008+0.76%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.62%

5 Days

+38.46%

1 Month

+26.04%

6 Months

+5.62%

Year to Date

-27.54%

1 Year

-71.97%

Key Data Points

Opening Price

1.005

Previous Closing Price

1.010
Price Range of the Day
0.9891.071
52-Week Price Range
0.6293.699

Sui Technical Analysis

1m
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Technical Indicators

Buy

Summary

Buy

Moving Average

Strong buy

About {index_name} Sui

Sui (SUI) is a groundbreaking layer-1 blockchain platform designed to support the needs of global adoption. At its core, Sui leverages a novel object-centric data model and the secure Move programming language to address inefficiencies prevalent in existing blockchain architectures. The platform prioritizes user experience by eliminating barriers commonly associated with blockchain interactions. Through innovations like zkLogin, sponsored transactions, and programmable transaction blocks, Sui creates a higher standard for user experience within Web3 by ensuring applications are accessible and user-friendly. Sui was founded by the team at Mysten Labs, which includes former lead architects of Meta's blockchain research team. The founders bring extensive experience in platform development, engineering, programming language design, and cryptography. Their goal is to establish Sui as a powerful and scalable development platform that can drive mainstream adoption of blockchain technology.

What makes Sui unique?

Sui's unique architecture sets it apart from other blockchain platforms. One key innovation is the object-centric data model and the secure Move programming language, which help address inefficiencies found in existing blockchain designs. Sui also introduces features like zkLogin, sponsored transactions, and programmable transaction blocks that aim to elevate the user experience in Web3 applications. Additionally, the network is designed for low-latency transactions with stable fees, high throughput through horizontal scaling and parallelized execution. Lastly, Sui offers powerful capabilities and developer tools to enable the creation of next-generation Web3 applications. These features collectively make Sui a distinctive and compelling blockchain platform.

How is the Sui Network secured?

The Sui network is secured through a novel consensus mechanism that leverages Byzantine Fault Tolerance (BFT) algorithms. This ensures the network remains decentralized, secure, and resistant to attacks. Additionally, the use of the Move programming language provides enhanced security by preventing common vulnerabilities found in traditional smart contract platforms.

What is the total supply of Sui (SUI)?

The total supply of Sui (SUI) is 10,000,000,000 tokens. The current circulating supply is 2,596,086,127 SUI, which represents 25.96% of the total supply.

Sui

1.018
+0.008+0.76%
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