Sui (SUI) currently has a price of £1.32 and is up 8.59% over the last 24 hours. The cryptocurrency is ranked 52 with a market cap of £1.5B. Over the last 24 hours, it saw £337.6M of trading volume. The token has a circulating supply of 1.2B tokens out of a total supply of 10B tokens.
Sui is a decentralized cryptocurrency built on the Ethereum blockchain. It operates under the ERC-20 standard and utilizes smart contracts for advanced functionalities. With its proof-of-stake consensus mechanism, Sui offers environmental benefits and incentives for token holders. Transactions are conducted peer-to-peer, increasing transparency and eliminating the need for intermediaries. Sui's use of smart contracts ensures secure and automated contract negotiation and performance.
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