Market value: $2.575 billion
24-hour trading volume: $786 million
Sui is a smart contract platform that relies on a decentralized set of validators to support its operation, similar to other blockchain systems. Its native token, SUI, is used to pay transaction fees and can be staked for specific periods of time (called "epochs") through a delegated proof-of-stake model.
Sui is known for its excellent scalability, with the ability to handle multiple independent transactions simultaneously. The platform is supported by a strong community and developers, attracting a large number of users. Endorsements from major industry players boost the platform’s credibility, while partnerships with financial institutions further enhance SUI’s reputation, potentially driving its price upwards.
