$SUI is the native token of the Sui blockchain, a Layer 1 network designed for fast, scalable, and low-cost transactions. Built with Move programming language, Sui focuses on parallel transaction execution, aiming to improve speed and efficiency compared to traditional blockchains. $SUI is used for paying gas fees, staking for network security, and participating in governance decisions. Traders often look at $SUI for its potential in DeFi, NFTs, and Web3 applications. Whether you're holding long-term or trading short-term moves, understanding the project's fundamentals and ecosystem is key. Always track updates from the Sui Foundation and market sentiment before making decisions.