SUI : What Is It, How Does It Work, and What Is This Crypto Used for in 2025 ?
By 2025, SUI emerges as a key player in the cryptocurrency sector. Launched in 2023, this next-gen blockchain has gained popularity for its exceptional performance and growing ecosystem. Explore all about SUI, including its operation, token, benefits, and investment potential.
SUI is the native token of the blockchain of the same name. The crypto positions itself as a layer 1 comparable to Ethereum, enabling the development of decentralized applications (dApps). In a highly competitive sector, SUI distinguishes itself through advanced technical characteristics that allow it to compete with other “Ethereum killers” like Solana, Cardano or Avalanche.
The SUI blockchain was designed to address the fundamental challenges of the blockchain trilemma: scalability, decentralization, and security. Its uniqueness lies in its innovative architecture that provides exceptional performance, particularly in terms of transaction speed and processing capacity.
The History of SUI
The project’s history is closely tied to that of the social media giant Meta (formerly Facebook). The SUI token was officially launched on May 2, 2023, by Mysten Labs, a company founded by former Meta developers.
This connection with Meta is not coincidental. In 2019, the group led by Mark Zuckerberg attempted to launch its own cryptocurrency called Libra. After several twists and a name change to Diem, the project was eventually abandoned. That’s when part of the team decided to continue the blockchain adventure by creating Mysten Labs and developing the blockchain.
The project quickly attracted interest from top-tier investors. Among SUI’s partners and supporters are major players in the crypto ecosystem such as Circle (issuer of USDC) and Binance Labs, the investment arm of the world’s largest cryptocurrency exchange.
In 2024, the token reached a decisive milestone with the deployment of Mysticeti, a major improvement to its consensus that significantly enhanced its performance. This update propelled SUI among the fastest blockchains in the world, capable of executing transactions in less than a second.
Who Created SUI ?
Mysten Labs, the company behind this project, was founded by a team of blockchain and cryptography experts. The main founders are former Meta developers.
Among the key figures at Mysten Labs is Adeniyi Abiodun, co-founder of the company, who formulated an ambitious vision for this protocol: “SUI is not just a blockchain; it’s a global coordination layer for the Internet.”
The Mysten Labs team benefits from solid expertise in blockchain technology development and distributed systems. This experience has allowed them to design a unique architecture that addresses the limitations of existing blockchains.
The SUI Foundation, meanwhile, plays a crucial role in developing the ecosystem. It actively supports developers and projects building on the blockchain, while promoting the adoption of the technology globally.
The token fulfills several essential functions within the SUI blockchain ecosystem :
First, SUI serves as a means of payment for transaction fees on the network. Each operation performed on the SUI blockchain requires the payment of fees in SUI tokens, which creates a constant demand for the cryptocurrency.
Second, it’s a governance token that allows its holders to participate in decisions regarding the evolution of the protocol. Token holders can vote on improvement proposals and thus influence the future direction of the project.
Third, the token can be used for staking, a process that involves locking up tokens to secure the network and receive rewards in return. Staking SUI offers investors a source of passive income while contributing to the security and decentralization of the network.
Finally, it facilitates the development of decentralized applications (dApps) in various domains such as decentralized finance (DeFi), NFTs, blockchain games, and many others. The SUI blockchain is particularly suited for applications requiring high processing speed and low latency.
By 2025, the SUI ecosystem has significantly expanded with numerous protocols contributing to its growth. Among them are DeepBook (liquidity infrastructure), Walrus (decentralized storage solution), as well as DeFi projects like Bluefin, Suilend, Cetus, Scallop, and Momentum.
How Does the SUI Network Work ?
The blockchain specific to the project distinguishes itself through its innovative architecture that provides exceptional performance. Unlike many traditional blockchains, it uses an approach that allows for horizontal scalability, meaning the ability to increase performance simply by adding more resources.
The Architecture of the SUI Blockchain
One of the main innovations of SUI lies in its ability to process transactions in parallel. While many blockchains process transactions sequentially, SUI can execute independent transactions simultaneously, which significantly increases its throughput.
To achieve this remarkable performance, SUI relies on two innovative systems :
The Narwhal mempool protocol based on a DAG (Directed Acyclic Graph): this system efficiently organizes transactions before validation.
The Tusk consensus algorithm: this algorithm ensures transaction finality while maintaining a high level of security and decentralization.
Thanks to this unique architecture, SUI can theoretically achieve scalability exceeding 100,000 transactions per second (TPS). By comparison, Ethereum, the most widely used blockchain for decentralized applications, caps at around 15 TPS.
In 2025, the deployment of Mysticeti further improved these performances, making SUI one of the fastest blockchains in the world. This update enabled executing transactions and swaps in less than a second, offering a user experience close to that of traditional financial systems.
The Move Programming Language
SUI uses a programming language called Move for smart contract development. This language, initially developed for Meta’s Libra/Diem project, offers several significant advantages:
Move is an open-source language specially designed for blockchain applications. It emphasizes code security and verifiability, two crucial aspects in developing decentralized applications.
One of Move’s distinctive characteristics is its resistance to “reentrancy” attacks, which have affected other blockchains like Ethereum. This resistance is ensured by a rigorous system and formal verification mechanisms.
The combination of these characteristics makes SUI a platform particularly suited for developing decentralized financial applications requiring a high level of security.
Like any blockchain technology, this protocol has advantages and disadvantages that should be analyzed to understand its potential and limitations.
The Advantages
Exceptional scalability : With a theoretical capacity exceeding 100,000 TPS, SUI positions itself among the most performant blockchains in the market. This scalability allows it to support a large number of users and applications without compromising performance.
Low latency : Thanks to its parallel architecture and the Mysticeti improvement, it offers extremely fast transaction confirmation times, often less than a second. This characteristic is particularly appreciated for applications requiring immediate responsiveness, such as games or trading platforms.
Enhanced security : The Move programming language, used for development on SUI, offers security guarantees superior to those of many other smart contract languages. Its resistance to reentrancy attacks and its technical approach significantly reduce the risks of bugs and vulnerabilities.
Growing ecosystem : By 2025, the SUI ecosystem has significantly expanded with numerous protocols and applications in various domains. This diversity creates a dynamic environment conducive to innovation and adoption.
Institutional support : The crypto benefits from the support of renowned investors and partners, which strengthens its credibility and long-term growth potential. The growing interest of traditional financial institutions in SUI demonstrates its maturity and potential.
The Disadvantages
Fierce competition : SUI operates in a highly competitive sector, where numerous blockchains compete for the position of alternative to Ethereum. This competition could limit its growth and long-term adoption.
Relative youth : Launched in 2023, SUI is still a relatively young blockchain compared to established projects like Ethereum or Bitcoin. This youth implies a less mature ecosystem and potentially more risks for developers and users.
Potential centralization : Like many new-generation blockchains prioritizing performance, SUI could face criticism regarding its level of decentralization. The compromise between performance and decentralization is a constant challenge in the blockchain industry.
Limited adoption : Despite its rapid recent growth, the adoption of SUI remains limited compared to leading market blockchains. Increasing its adoption will depend on its ability to attract more developers and users.
Price volatility : Like all cryptocurrencies, the SUI token is subject to high volatility, which can constitute a risk for investors and limit its use as a stable means of payment.
SUI Price and Predictions
The journey of the SUI token since its launch has been marked by significant fluctuations, reflecting both the project’s potential and the inherent volatility of the cryptocurrency market.
Historical Price Evolution
At its launch in May 2023, the SUI token was trading around $1.30. After a month of relative stability, the price entered a downward phase, reaching its all-time low on October 19, 2023, at $0.36.
However, since this low point, the trend has reversed and the token has experienced remarkable progress. As of mid-May 2025, the SUI price is around $3.49, representing a 10-fold increase from its all-time low. Its all-time high is at $5.35.
This progression is explained by several factors, notably the successful deployment of Mysticeti in 2024, the expansion of the DeFi ecosystem on SUI, and the growing interest of institutional investors in the project.
In 2025, the market capitalization of the crypto now exceeds $12 billion, placing the cryptocurrency in the global top 15, testifying to its rapid progression in the cryptocurrency ranking.
Price Predictions for 2025, 2030, and 2050
Analysts are generally optimistic about the future price of SUI, although their forecasts vary considerably.
According to Coinedition, the crypto’s price could reach $5.35 by the end of 2025, then $14.84 in 2030 and potentially $48.65 in 2050. These long-term projections reflect confidence in the project’s viability and continued growth.
More recently, according to a Tronweekly article published in May 2025, the crypto could potentially reach $8.31 by the end of 2025, driven by a bullish technical dynamic and a significant increase in trading volumes.
It should be noted, however, that these predictions should be taken with a grain of salt. They are by no means in-depth analyses, and we always encourage you to do your own research. The cryptocurrency market is notoriously volatile and unpredictable, and many external factors can influence the evolution of the SUI price.
Key Moments in the History of SUI
Since its launch, the SUI blockchain has experienced several key moments that have shaped its development and adoption.
May 2023 : Official launch of the SUI token by Mysten Labs. The project quickly attracts attention thanks to its experienced team from Meta and its promising technology.
October 2023 : The crypto price reaches its all-time low at $0.36, marking the end of an initial correction phase.
Early 2024 : Deployment of Mysticeti, a major consensus improvement that transforms SUI into one of the fastest blockchains in the world. This update allows for executing transactions in less than a second.
August 2024 : Launch of the Grayscale SUI Trust, an institutional investment product dedicated to SUI, testifying to the growing interest of traditional investors in this cryptocurrency.
November 2024 : Franklin Templeton Digital Assets, the crypto branch of the famous American asset manager handling over $1.5 trillion, announces a strategic partnership with the SUI Foundation.
Early 2025 : Canary Capital files an application for an ETF based on SUI, including a yield option via token staking. This initiative is followed by 21Shares, one of the main crypto ETP issuers in the world.
January 2025 : SUI reaches its all-time high at $5.35 after a 32% increase in 3 days.
April 2025 : SUI crosses the milestone of 500 million processed transactions, far exceeding other major blockchains like Ethereum (129 million) over the same period.
May 2025 : The TVL (Total Value Locked) on SUI exceeds $4 billion, including more than $900 million in stablecoins, confirming the rise of its DeFi ecosystem.
These milestones illustrate the rapid progression of the crypto and its ability to attract developers, users, and institutional investors alike.
How and Where to Buy SUI ?
Acquiring SUI tokens is an essential step for those who wish to invest in the project, participate in its governance, or use the applications in its ecosystem. Due to its growing market capitalization and popularity, the SUI token is available on the majority of centralized exchange platforms (CEX).
These platforms allow you to buy SUI directly with euros or dollars via different payment methods (bank card, wire transfer). Here is our ranking of the best platforms in 2025 :
It’s important to distinguish between specialized platforms (like those mentioned above) where you actually buy and obtain cryptocurrencies, and brokers who sometimes offer derivative products (notably CFDs) on cryptocurrencies. For direct ownership and total control of your assets, we recommend a specialized exchange platform.
How to Buy SUI on Bitget? Mini Tutorial
Here’s how to buy the crypto in 5 steps on the best platform in our ranking.
Create an account on Bitget :
Go to the official website
Click on “Sign Up”
Fill out the form with your email and password
Complete the KYC :
Prepare a valid ID document
Follow the verification instructions
Deposit funds :
Fund your account on the platform. Via bank transfer, credit card, or other cryptocurrencies for example.
Buy SUI :
Navigate to “Spot Trading”
Search for the SUI/USDT or SUI/EUR pair
Place a buy order by specifying the quantity of crypto you want to acquire or the amount you want to spend.
You can generally choose between a market order (purchase at the current price) or a limit order (purchase at a specific price you define).
Secure your SUI tokens :
After purchase, it is strongly recommended to transfer your tokens from the exchange platform to a secure personal wallet (see next section) to have total control over them.
Choose a platform that matches your needs in terms of fees, security, ease of use, and regulatory compliance in your jurisdiction.
Once you have acquired tokens, the question of their secure storage becomes paramount. Leaving your cryptocurrencies on an exchange platform (CEX) involves significant risks: you don’t directly control your private keys, and your funds could be lost in case of platform hacking, regulatory issues, or company bankruptcy.
This is why it is strongly recommended to transfer your SUI to a personal wallet for which you alone hold the private keys. “Not your keys, not your coins“.
There are mainly two types of wallets for storing your SUI:
Cold Wallets : These are hardware devices that store your private keys offline, thus offering the highest level of security against online hacking. They often resemble secure USB keys. Recognized brands like Ledger (for example, Ledger Nano S Plus or Ledger Nano X) are the safest solutions for storing significant amounts or for long-term storage.
Hot Wallets : These are software (mobile or desktop applications, browser extensions) that store your private keys on a device connected to the Internet. They are more convenient for frequent use and for interacting with decentralized applications (dApps), but are inherently more vulnerable to malware and phishing than cold wallets. Popular wallets like MetaMask or Trust Wallet can be configured to manage SUI tokens.
The choice between a cold wallet and a hot wallet depends on your specific needs: prioritize a cold wallet (like Ledger) for maximum security of your main investments, and possibly use a hot wallet (like MetaMask or Trust Wallet) for smaller amounts intended for regular interactions with the SUI DeFi ecosystem. The essential thing is to always carefully secure your recovery phrase (seed phrase) and never share it or store it digitally.
Obtaining tokens for free is possible through several methods, although the amounts are generally limited.
“Faucets” are websites that distribute small amounts of cryptocurrencies for free. Several faucets dedicated to SUI exist, allowing users to receive a small quantity of tokens in exchange for completing simple tasks like solving captchas or viewing advertisements.
The SUI Foundation and projects built on the SUI blockchain regularly organize reward programs and airdrops to promote adoption of the ecosystem. These initiatives can take several forms, such as testnet programs, project airdrops, referral programs, or Learn-to-Earn campaigns.
Although staking is not strictly speaking a method to obtain the crypto for free (since it requires already owning tokens), it nevertheless constitutes a way to increase your position in SUI without additional investment. In 2025, stakingSUI offers an average annual yield of about 3 to 5%, depending on market conditions and the chosen validator.
It’s important to note that these methods generally do not allow obtaining significant quantities of SUI and should not be considered as an alternative to traditional investment if you wish to take a significant position.
Is SUI Legal ?
The legality of the crypto varies considerably depending on jurisdictions, as with all cryptocurrencies. In the European Union, the crypto is legal and regulated by the MiCA (Markets in Crypto-Assets) regulation that came into force in 2025, which provides a harmonized regulatory framework for crypto-assets across all member countries.
In the United States, SUI is generally considered legal, with the SEC (Securities and Exchange Commission) not having classified it as a “security”. This recognition allows SUI to be traded on major American platforms like Coinbase, and the growing interest of American financial institutions testifies to its integration into the regulatory framework.
In Asia, the situation is more contrasted: the crypto is legal in Japan, South Korea, and Singapore, but banned in China where all cryptocurrency transactions have been prohibited since 2021. In most developed countries, the crypto is legal, although often subject to specific tax obligations.
Taxation Related to Capital Gains
Tax implications also vary by country. In France, capital gains realized when selling SUI are subject to the 30% “flat tax”, while in the United States, SUI is considered property by the IRS, with variable tax rates depending on the holding period. It is strongly recommended to consult a tax advisor familiar with cryptocurrencies to precisely understand your obligations in your jurisdiction.
Who Holds the Most SUI ?
Mysten Labs, as the creator of the blockchain, holds a significant share of the tokens, estimated at about 10% of the total supply. This allocation helps fund the continuous development of the technology and ecosystem, thus ensuring the project’s long-term sustainability.
The SUI Foundation, a non-profit organization responsible for promoting and developing the ecosystem, also owns about 5% of the total supply. These tokens are primarily intended to fund developer grants, community initiatives, and global adoption programs.
Several venture capital funds and companies have invested in the crypto during private funding rounds, including Binance Labs, Circle Ventures, a16z (Andreessen Horowitz), and Jump Crypto. Their participation testifies to institutional investors’ confidence in the long-term potential of the crypto.
With the development of investment products like the Grayscale SUI Trust and potential ETFs under evaluation, a growing share of tokens is now held by these investment vehicles, facilitating traditional investors’ access to this asset class. This evolution contributes to a wider distribution of tokens and a progressive decentralization of the network.
Review on SUI in 2025
In 2025, the crypto has established itself as one of the most innovative blockchain projects in the crypto market. Its cutting-edge technology, combining a unique parallel architecture and the Move programming language, gives it a significant competitive advantage in terms of performance and security.
The ecosystem that has developed around the crypto is particularly dynamic, with a TVL exceeding $4 billion and applications in various domains such as DeFi, NFTs, and blockchain games. This diversity testifies to the platform’s versatility and its ability to attract talented developers, a key success factor in the blockchain industry.
The growing interest of traditional financial institutions in SUI, illustrated by ETF applications and strategic partnerships with leading asset managers, also constitutes a strong signal of the project’s maturity and credibility. This institutional recognition, combined with exceptional technical performance, positions SUI as an essential player in Web3 for years to come. Our opinion is therefore globally positive.
Avec une formation en ingénierie mécanique et en gestion de projets, j'ai travaillé dans l'industrie automobile et nucléaire pendant 10 ans. Reconverti dans la rédaction web il y a quelques années, j'utilise mes connaissances techniques pour écrire des articles sur des sujets spécifiques liés aux finances, aux cryptomonnaies, à la blockchain et aux Fintech.
FAQ on SUI
What sets SUI apart from other Layer 1 blockchains ?
SUI stands out thanks to its parallel architecture that enables simultaneous processing of independent transactions, its security-focused Move programming language, and its exceptional scalability capable of exceeding 100,000 TPS.
Is SUI a good investment in 2025 ?
While SUI shows promising potential with its advanced technology and growing adoption, all cryptocurrency investments carry risks. It is advisable to diversify your portfolio and only invest what you are prepared to lose.
How can you participate in SUI governance ?
SUI token holders can engage in governance by staking their tokens and voting on protocol improvement proposals through the blockchain’s decentralized governance system.
Can SUI surpass Ethereum in the long term ?
Although SUI offers significant technical advantages in scalability and cost efficiency, Ethereum benefits from a mature ecosystem and widespread adoption. The most likely scenario is the coexistence of both blockchains, each leveraging its unique strengths.
What are the most promising applications on SUI in 2025 ?
DeFi applications like DeepBook, Cetus, and Scallop, along with decentralized storage solutions such as Walrus, rank among the most promising projects in the SUI ecosystem for 2025.
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