
Sui - SUI
Sui Price Chart
About Sui (SUI)
Sui officially launched in May 2023, and yes, it’s one of the newer chains on the block. But don’t let that fool you. This thing was built by ex-Meta engineers who helped design the Move programming language, and they didn’t come to play.
What makes Sui stand out? Parallel execution. It processes transactions simultaneously instead of one at a time, which means it scales like crazy without clogging the network. It's laser-focused on user experience and dev flexibility, perfect for next-gen games, NFTs, and complex apps that need speed and security.
Sui isn't trying to be a faster copy of Ethereum, it’s carving its own lane. Clean architecture, serious innovation, and a roadmap that’s moving fast.
New? Yes. But if you’re betting on performance, Sui’s already showing it can deliver.
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FAQs About SUI
Who are the Developers of SUI?
Sui (SUI) comes out of Mysten Labs, a team stacked with ex-Meta (yes, that Meta) engineers who helped build the company’s original blockchain research division.
The founding crew reads like a Web3 engineering Avengers lineup:
- Evan Cheng – CEO, former engineering director at Facebook and Apple
- Sam Blackshear – CTO, and the brains behind Move, the smart contract language originally created at Meta
- Adeniyi Abiodun – CPO, blockchain product veteran across Oracle, VMware, and Facebook
- George Danezis – Chief Scientist, UCL professor with deep crypto research creds
- Kostas Chalkias – Chief Cryptographer, with a resume stacked full of lead roles in cryptographic security
Sui launched in May 2023, making it one of the newest Layer 1 blockchains on the block, but definitely not the least prepared.
What is Sui Blockchain and why is it unique?
Built from the ground up using the Move language (tailored specifically for Sui), the network introduces an object-based architecture. That means everything from tokens to NFTs to user accounts, is treated as an object with programmable rules. It sounds geeky, but it unlocks massive performance gains.
Transactions can be parallelized, so Sui doesn’t process things one by one like traditional chains. It can handle loads of actions at once, making it perfect for apps that need real-time speed: think gaming, finance, and interactive experiences. Some transactions don’t even require full consensus, they can settle in under a second.
There’s also zkLogin, which lets users log in to Web3 apps using Google or Facebook credentials (without sacrificing decentralization). No more wallet friction, no 15-word seed phrases on Post-its. Sui is fast, flexible, and dev-friendly by design
What makes Sui different from Solana or Avalanche?
Sui takes a completely different approach under the hood. It’s built for speed, but also built to scale user-friendly experiences.
Here’s how it stands out:
- Sui uses an object-based model, where every asset (NFT, token, account) is treated as an individual object making it easy to build complex apps
- It uses a Move-based programming language for safer, more flexible smart contracts
- It supports parallel transaction processing, meaning it doesn’t have to process everything one-by-one like Solana or Avalanche, resulting in faster, more efficient performance
In short: Sui isn’t copying anyone, it’s rethinking the model entirely. It’s not just fast. It’s designed for web-scale usability and clean, seamless app development.
Is Sui suitable for beginners?
Yes, and that’s part of what makes it exciting. While Sui runs on complex, cutting-edge tech, it’s designed with users in mind.
It features:
- Fast, low-cost transactions
- Clear wallet interfaces (especially with Sui-native wallets)
- Tools like zkLogin that let users log in with Google or Facebook. No seed phrase required
That means fewer barriers for new users, fewer chances to mess up, and more space to learn, explore, and actually use crypto.
Whether you’re minting your first NFT or just learning the ropes, Sui is built to be beginner-friendly without watering down what’s possible.
How to buy SUI coins in Plus Wallet?
Buying SUI in Plus Wallet is quick, clean, and beginner-friendly. No fluff, no confusion.
Here’s how to do it:
- Open Plus Wallet and tap “Buy”
- Select SUI from the asset list
- Choose your payment method (card, bank transfer, or crypto)
- Enter the amount and confirm your purchase
SUI shows up in your wallet immediately, ready to be held, swapped, or sent. No exchanges, no custody risk, no unnecessary steps. Just tap, buy, and you’re in.
How to send and receive SUI tokens?
Sending and receiving SUI in Plus Wallet is fast, secure, and unbelievably simple.
To send SUI:
- Go to your SUI balance
- Tap “Send”
- Enter the recipient’s wallet address and the amount
- Review and confirm
To receive SUI:
- Tap “Receive” in your SUI wallet
- Copy your address or use the QR code
- Share it with the sender
Transactions settle fast, with low fees and smooth confirmations. It’s crypto the way it should be, no stress, just send and receive with ease.
Can I trade or swap SUI easily?
Yes, you can swap SUI for other coins right inside Plus Wallet with just a few taps.
Here’s how:
- Tap the Swap tab
- Select SUI as your input token
- Choose the coin you want to receive (like USDT or ETH)
- Enter the amount and review the rate
- Confirm the trade
You stay in full control, no external exchanges, no confusing steps, no giving up custody. Swapping SUI is fast, flexible, and exactly how on-chain trading should feel.