What is the popular cryptocurrency "SUI"? Explaining the characteristics and future prospects of the next-generation blockchain

Currently, "Sui" is attracting a lot of attention as a next-generation Layer 1 blockchain. It was developed to solve the issues of scalability, processing speed, and usability that conventional blockchains had, and is particularly praised for its fast, efficient, and easy-to-use design for developers.

The expectations for Sui are also reflected in the price of its native token, SUI.

In this article, we will touch on the features, future potential, and outlook for Sui.

Current price: 421.73 yen

As of June 13, 2025（CoinMarketCap "Sui (SUI) Price, Chart, Market Cap"）

The price of SUI has risen significantly since the fall of 2024 as use cases for SUI have expanded. In addition, as the number of cryptocurrency exchanges handling SUI has increased, as of June 13, 2025, it is ranked 12th in terms of cryptocurrency market capitalization.

Background of Mysten Labs and the development team

Sui is a public blockchain led by Mysten Labs, which was founded by developers who were involved in the former Meta (formerly Facebook) Diem project. The project's goal is to provide a "high-speed, low-cost distributed application platform that anyone can participate in."

Features of the Move language used

An important element in the development of Sui is the use of the programming language "Move." Move is a highly secure and flexible smart contract language originally developed for Diem, and is characterized by its ability to strictly manage asset ownership and state transitions.

The mechanism of "Narwhal" and "Bullshark" that realizes high scalability performance

In addition, Sui adopts a unique consensus algorithm that combines two algorithms, "Narwhal" and "Bullshark", which enables parallel processing of transactions. This achieves a balance between performance that is difficult to achieve at the same time: improved throughput (amount of processing per second) and reduced latency (delay). It boasts high scalability performance that can handle applications that handle a large number of transactions.

Flexible asset management based on object base

Sui is also designed as an "object-based" blockchain. This is a mechanism in which all assets and data owned by users are treated as objects, and each has a clear state and ownership defined. This enables stable operation even in applications that require complex state management, such as games and NFTs.

In addition, ease of use for users is also taken into consideration. Sui's greatest strength is its excellent user experience design, which includes clear fees and instant confirmation of transaction results.

Sui has already begun to have practical use cases in the Web 3.0 fields of gaming, NFT, and DeFi (decentralized finance). In particular, projects such as "BlueMove" and "Aftermath Finance" are good examples of dApps (decentralized applications) that take advantage of Sui's characteristics.

High-speed NFT market "BlueMove"

BlueMove is an NFT marketplace on the Sui and Aptos blockchains that use the same Move language, leveraging an object-based structure to quickly and accurately process transactions of NFTs held by users.

"Aftermath Finance" realizes instant processing in DeFi

Aftermath Finance provides DeFi (decentralized finance) services such as staking and swaps, and is highly regarded for its low fees and instantaneous transactions.

Enhancement of development support and expansion of ecosystem

A wealth of documentation and SDKs are available for developers, and the barrier to entry for newcomers is relatively low. In fact, the number of dApps being developed on Sui is increasing rapidly, and there are high expectations for the future expansion of the ecosystem.

Gas fees, staking, and governance

SUI is a token that plays a central role in maintaining and activating the network. Its uses include paying gas fees, staking, and network governance.

Token Distribution and Unlocking Schedule Overview

The total supply of SUI is capped and designed to be inflation-proof. The token distribution will be split between multiple categories, including developers, investors, the community, and the foundation, and will be unlocked in stages based on a vesting schedule.

A staking model that balances security and participation

In addition, validators can stake their SUI to participate in the network consensus and receive rewards. This structure ensures the security of the network while encouraging users to participate.

Economical design that takes developers and users into consideration

With this token design, Sui is providing a realistic infrastructure for commercial blockchain in the Web 3.0 era. It is highly regarded for its speed, cost, and scalability, as well as for the well-balanced economic model it has built for both developers and users.

Differences from Aptos: Comparison of structure and processing method

Sui is often compared to Aptos, which uses the same Move language, Solana, which boasts high processing speeds, and the largest cryptocurrency, Ethereum.

Differences in positioning between Solana and Ethereum

While it shares the same development roots as Aptos, Sui differentiates itself through its object-centric structure and advantages in parallel processing. On the other hand, it is said to have advantages over Solana in terms of network stability and developer experience.

Ethereum has an overwhelming ecosystem and track record, but issues include transaction processing speed and high fees, and Sui is positioned as a complementary option in this regard.

Sui's strengths from the perspective of UX and DX

The well-developed UX and development environment are also strengths of Sui, and the high level of safety and flexibility provided by the Move language makes it possible to develop unique applications.

Funding by leading VCs and ensuring credibility

Sui has successfully raised funds in multiple rounds since 2022 and is backed by leading VCs including a16z (Andreessen Horowitz). This has provided the company with sufficient resources to build its development infrastructure and ecosystem.

Key indicators of ecosystem growth

Currently, ecosystem indicators such as TVL (Total Value Locked), number of dApps, and active users are showing steady growth, and further updates are planned for 2025. In particular, data sharing between dApps, cross-chain compatibility, and enhanced privacy functions are attracting attention.

Expectations and ripple effects of ETF application

Moreover, with the application for the SUI physical ETF now being submitted in the United States, the regulatory developments are likely to boost the price and adoption of the Sui, which underpins the long-term reliability and maturity of the Sui.

Token supply and price fluctuation risk

There are a few things to keep in mind when investing in and participating in emerging projects like Sui. First, the increased supply based on the token unlock schedule may lead to downward pressure on prices. In addition, the global regulatory environment is currently in flux, and the impact of policy changes cannot be ruled out.

Learning hurdles and development burdens of the Move language

In addition, Sui uses its own language, Move, which may take time for developers to become proficient. This may affect the development speed of some projects.

It is important to understand these risks and keep a close eye on the latest official information and ecosystem trends.

So far, we have explained about Sui.

Sui is a next-generation Layer 1 blockchain characterized by high-speed processing, parallel execution, and flexible token design. While promoting practical deployment in fields such as NFT and DeFi, it has achieved balanced growth in three axes: institutionalization, fundraising, and technological innovation.

In addition, its development environment based on the Move language, its user-friendly design, and its architecture that meets the real demands of the Web 3.0 era are factors that differentiate it from other chains. The price of SUI is also becoming more stable in the medium to long term, and Sui has the potential to become an important option for developers, investors, and users in the future.

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