Sui, the native cryptocurrency of the SUI Layer-1 blockchain, is designed for high transaction speeds and seamless smart contract execution.
This year, Sui gained popularity because of its rapid growth and adaptability. For example, Phantom Wallet, one of the leading cryptocurrency wallets, announced its plans to support the Sui blockchain network. This announcement further boosted Sui’s price and increased investor interest.
Currently, Sui (SUI) is trading at $4.2, representing a decline of over 10%.