The Sui blockchain network is powered by its native token, SUI. As a permissionless platform designed for smart contracts, Sui employs the Move programming language. Holders of SUI tokens can engage in network governance, cover gas charges, and take part in staking activities. 

Introduced in May 2023 by Mysten Labs, Sui is designed for smart contracts and operates using a unique Delegated Proof-of-Stake (DPoS) system, facilitating concurrent transactions. This DPoS is designed to ensure swift transaction confirmation, heightened security, and minimal costs. #SUI🔥 $SUI