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Sui

(SUI)
$0.9543 ▲ 5.70%
🏆 Rank #30
💰 Market Cap $3,777,210,395
📊 24h Volume $347,171,267
🔄 Circ. Supply 3,953,388,932 SUI
🏦 Total Supply 10,000,000,000 SUI
🛑 Max Supply 10,000,000,000 SUI
🚀 ATH $5
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NEWS

What is Sui?

Sui (SUI) is a cutting-edge Layer-1 blockchain designed to make digital asset ownership fast, private, and accessible to everyone. Developed by former lead engineers from Meta (Facebook), Sui is built to handle the scale of the entire internet. While Bitcoin acts as a digital gold reserve, Sui is designed to be the “engine” for high-speed applications like gaming, real-time commerce, and social media.

What makes Sui unique in 2026 is its “Object-Centric” model. Instead of looking at accounts, the network treats every asset—like a token or a game item—as an independent object. This allows the network to process transactions in parallel, reaching speeds of up to 297,000 transactions per second. If you want to see how this compares to other high-performance chains, check out our guide on Ethereum vs Solana to understand the different ways blockchains scale.

The Move Language and Security

Sui uses a specialized programming language called Move. Unlike the languages used by Ethereum, Move was built from the ground up to prevent common hacks and bugs. It treats digital assets as “resources” that cannot be accidentally deleted or duplicated. This extra layer of safety has made Sui a favorite for developers building secure financial tools and decentralized applications that require bank-grade security.

In 2026, the network has introduced “Sui Stack” (S2), a unified platform that makes building on Sui even easier. It includes protocol-level privacy, meaning your transactions can stay confidential while still being fully compliant with regulations. This balance of privacy and speed is a significant evolution from the transparent nature of older Proof of Work systems, offering a more professional environment for global businesses.

A Native Digital Economy

One of the biggest updates in 2026 is the launch of the Sui Dollar (USDsui). Issued in partnership with payment giants, this native stablecoin allows for gas-free transfers, meaning you can send money anywhere in the world for free. This makes Sui a direct competitor to traditional payment networks and other “bridge” currencies like XRP. With sub-second finality, a Sui transaction is often faster than swiping a credit card in a physical store.

Web2 Ease with Web3 Power

Sui is famous for its “zkLogin” feature, which allows you to log into blockchain apps using just your Google or Twitch account—no complex “seed phrases” required. This makes it the most “simple-person friendly” blockchain in the world. As institutional interest grows, many are moving their assets into Sui to take advantage of its predictable fee structure. To get started with your own assets, make sure to explore the types of crypto wallets that support Sui’s unique login features.

Faq

Who created Sui?
Sui was created by Mysten Labs, a team led by five former senior engineers from Meta (Facebook). These are the same experts who helped create the “Move” programming language and the Diem blockchain project, bringing massive tech-industry experience to the crypto world.
What makes Sui faster than other blockchains?
Most blockchains process transactions one by one in a “line.” Sui uses “Parallel Execution,” which means it can process thousands of transactions at the exact same time as long as they aren’t interacting with the same object. It’s like a supermarket with 100 checkout lines instead of just one.
What is “zkLogin” on Sui?
zkLogin is a game-changer for regular people. It allows you to create and access a crypto wallet using your existing social media logins (like Google, Apple, or Twitch). You don’t have to remember a 24-word “secret phrase,” making it as easy as using any other app on your phone.
Can I send money for free on Sui?
Yes! In 2026, Sui has introduced gas-free transfers for stablecoins like the Sui Dollar (USDsui). This means you can send digital dollars to anyone on the network without paying any transaction fees, making it perfect for small daily payments.
What is the SUI token used for?
The SUI token is used to pay for gas fees (for non-stablecoin transactions), to stake and earn rewards for securing the network, and to vote on how the network is managed. It also serves as a “storage fund” to pay for the data stored on the blockchain.
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