Sui Price Today: Real-Time Data & Key Metrics
- Ranking: #12 by market capitalization
- Current Price: $2.94
- 24h Range: $2.88 (Low) – $3.07 (High)
Market Capitalization & Supply
| Metric | Value | Change |
|---|---|---|
| Market Cap | $10,140,967,362 | +3.57% |
| Fully Diluted Market Cap | $29,351,440,212 | +3.57% |
| Trading Volume (24h) | $1,046,257,699 | +22.20% |
| Circulating Supply | 3,455,015,252 SUI | 34.55% |
| Max Supply | 10,000,000,000 SUI |
👉 Track SUI price live for instant updates.
Sui (SUI) Price Chart & Historical Performance
The SUI/USD chart reflects volatility typical of emerging layer-1 projects. Key observations:
- 7-day trend: +10.72% growth
- All-time high: $2.1773 (March 2024)
- 2023 low: $0.3709 (October)
Notable Events:
- Mainnet Launch: May 2023 ($1.7176 debut price)
- 2024 Rally: Parabolic surge to $1.9077 in February
Understanding Sui: A Next-Gen Blockchain
Core Innovations
- Parallel Processing: Handles 855+ TPS (theoretical capacity: 125,000 TPS)
- Move Language: Customized object-oriented programming adapted from Meta’s Diem
- DPoS Consensus: Delegated Proof-of-Stake with dynamic validator elections
👉 Explore staking rewards averaging 3% APY.
Sui's Utility & Ecosystem
Key Use Cases
- Smart Contracts: High-speed deployment for dApps
- Staking: Permissionless validation with voting rights
- Governance: Stake-weighted proposal voting
Comparative Advantage:
- Outperforms Toncoin (175 TPS) and Cronos in throughput
- Decentralized vs. competitors with centralized validators
FAQ: Sui Network Essentials
1. What makes Sui different from Ethereum?
Sui uses parallel execution and Move language for faster transactions, while Ethereum relies on sequential processing and Solidity.
2. How does staking SUI work?
Holders delegate tokens to validators, earning ~3% annual rewards while securing the network.
3. What’s SUI’s max supply?
Capped at 10 billion tokens, with 3.45 billion currently circulating.
4. Who founded Sui?
Ex-Meta researchers at Mysten Labs, including Evan Cheng and Sam Blackshear.
5. Why did SUI drop in 2023?
Market downturns and profit-taking after its IEO ($0.03) led to a 78% decline from its listing price.
6. Is Sui a good investment in 2024?
While past performance shows volatility, its tech and adoption growth suggest long-term potential.
Future Outlook & Adoption Trends
Sui’s scalability focus positions it well for enterprise dApps and high-frequency use cases. Monitor network upgrades and partnership announcements for catalysts.
Disclaimer: Cryptocurrency investments carry risk. Conduct independent research before trading.
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