About SUI
SUI is the native token of the Sui blockchain network. Sui is a permissionless smart contract platform that uses the Move programming language. SUI tokens can be used to govern the network, pay for gas fees, and participate in staking.
Buy SUITrading Insights
Buyer Ratio
Traders
3.2K
4.72%
Buyers
2.3K
0.76%
Sellers
1K
14.57%
Searched
4.1K
Market Stats
Market Cap
£9.32B
FDV
£26.12B
Circ. Supply
3.6B SUI
Max Supply
10B SUI
Total Supply
10B SUI
Performance
Popularity
#15
Dominance
0.33%
Volume (24H)
£702.99M
26.31%
Volume (7D)
£9.22B
Volume (30D)
£19.60B
All time high
£3.98
Price Change (1Y)
147.3%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Additional details
Recent trends
The price of SUI has increased by 0.50% in the last hour and decreased by 4.00% in the past 24 hours. SUI’s price has also fallen by 5.06% in the past week. The current price is £2.61 per SUI with a 24-hour trading volume of £702.99M. Currently, SUI is valued at 34.40% below its all time high of £3.98. This all-time high was the highest price paid for SUI since its launch.
The current circulating supply of SUI is 3,568,833,706.323 SUI which means that SUI has as total market cap of £9,321,296,797.16.
Market details
SUI vs markets
↗ 36.85%
SUI vs BTC
↗ 37.07%
SUI vs ETH
↗ 48.09%
Tags
binance-launchpool
layer-1
move-vm
made-in-america
+1
Network & Addresses
Network | Address | |
---|---|---|
Sui | NA |
Price history
Time | Price | Change |
---|---|---|
Today | £2.61 | ↘ 4.00% |
1 Day | £2.72 | ↘ 4.00% |
1 Week | £2.73 | ↘ 5.06% |
1 Month | £2.54 | ↗ 3.41% |
1 Year | £1.07 | ↗ 147.30% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Sui (SUI) is a unique Layer 1 blockchain and smart contract platform that seeks to enhance digital asset ownership. Built on the Move programming language, Sui's object-centric model allows for parallel execution, sub-second finality, and rich on-chain assets. This platform strives to support a wide range of applications with faster speed at lower cost than other tokens, thanks to its horizontally scalable processing and storage. Sui was initially contributed to by Mysten Labs, founded by former executives and lead architects of Meta’s Novi Research.
Sui operates through a series of unique features such as horizontal scaling, composability, sparse replay, and on-chain storage. In the Sui network, each group of transactions is processed in parallel, eliminating the bottlenecking that occurs in some earlier blockchains. Sui's object-centric approach allows for more complex data structures and the ability to store assets inside such structures. Sparse replay means that game builders, for example, don't need to track transactions interacting with unrelated dApps, making querying on-chain data less expensive. Lastly, because assets are directly stored as objects on the Sui blockchain, they are never subject to Merkle tree indexing, making it cheaper to directly update assets on-chain.
Sui's unique features open up a wide range of potential use cases. Its object-centric model and on-chain storage capabilities make it a potential platform for creating and managing digital assets, including non-fungible tokens (NFTs). The ability to process transactions in parallel and achieve sub-second finality could make Sui a suitable platform for high-speed applications, such as gaming or financial services. Furthermore, Sui's use of the Move programming language allows developers to build user-friendly experiences, potentially expanding the reach of blockchain technology to new audiences.
Sui was initially contributed to by Mysten Labs, a team of former executives and lead architects from Meta’s Novi Research, responsible for the Diem blockchain and Move programming language. The team, including Evan Cheng, Adeniyi Abiodun, Sam Blackshear, George Danezis, and Kostas Chalkias, aimed to create a blockchain platform that seeks to enhance digital asset ownership. Sui's mainnet is planned for launch in the future. The platform has undergone several updates since its inception, including a switch to the Bullshark consensus algorithm in August 2022 to reduce latency issues and ensure that validators with lower processing speeds could still contribute to the project.
We update our SUI to GBP currency in real-time. Get the live price of SUI on Coinbase.
The current market cap of SUI is £9.32B. A high market cap implies that the asset is highly valued by the market.
The all-time high of SUI is £3.98. This all-time high is highest price paid for SUI since it was launched.
Over the last 24 hours, the trading volume of SUI is £702.99M.
Assets that have a similar market cap to SUI include Avalanche, Stellar Lumens, Bitcoin Cash, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of SUI is 3.6 billion.
SUI ranks 35 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 98% of Coinbase users are buying SUI. In other words, 98% of Coinbase customers have increased their net position in SUI over the past 24 hours through trading.
Yes, SUI is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy SUI guide.
SUI news
Trending articles
Social stats
Popularity in posts
#13
Contributors
10,695
Posts
26,422
% About SUI
0.865%
Articles
34
Hold times
0 days
X (Twitter)
40.3% bullish
Sentiment
4.3 ★
Highlights
10,695 unique individuals are talking about SUI and it is ranked #13 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, SUI has an average sentiment score of 86 out of 5. Finally, SUI is becoming less newsworthy, with 34 news articles published about SUI.
On Twitter, people are mostly neutral about SUI. There were 48.14% of tweets with bullish sentiment compared to 19.46% of tweets with a bearish sentiment about SUI. 51.86% of tweets were neutral about SUI. These sentiments are based on 22659 tweets.
On Reddit, SUI was mentioned in 228 Reddit posts and there were 2236 comments about SUI. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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