Sui (SUI)

Sui s a Layer 1 blockchain developed by Mysten Labs, a team founded by former lead engineers from Meta’s blockchain research division. It is designed for global adoption by providing a secure, high-speed environment for digital asset ownership and removing technical barriers for Web3 applications. The platform utilizes the Move programming language to create a safe framework and supports horizontal scaling to keep fees stable and speeds high as the network grows. Significant institutional support comes from major venture capital firms including Andreessen Horowitz, Coinbase Ventures, Circle Ventures, and YZi Labs. The system functions by organizing data into independent objects rather than a single ledger of accounts. This object-centric data model enables parallel execution, allowing the network to process many transactions simultaneously instead of waiting for one to finish before starting the next.

Description from CoinGecko.

Coin details

Name

Sui

Symbol

SUI

Market cap rank

#29

Category

Smart Contract Platform, Binance Launchpool, Layer 1 (L1)

Runs on

Sui

Circulating supply

4,139,043,544 SUI

Max supply

10,000,000,000 SUI

Price in INR

₹74.48

Tax in India

30% on gains + 1% TDS on sale

Contract (Sui)

0x000000…i::SUI

Website

sui.io

Whitepaper

github.com/MystenLabs/sui/blob/main/doc/paper/sui.pdf

Explorer

suiscan.xyz/mainnet/home

X (Twitter)

x.com/SuiNetwork

GitHub

github.com/MystenLabs/sui