{"id":7627,"date":"2025-05-28T13:21:42","date_gmt":"2025-05-28T12:21:42","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=7627"},"modified":"2025-05-28T13:21:44","modified_gmt":"2025-05-28T12:21:44","slug":"sui-crypto-guide","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/learn\/crypto\/sui\/","title":{"rendered":"SUI : What Is It, How Does It Work, and What Is This Crypto Used for in 2026 ?"},"content":{"rendered":"\n
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What is SUI ?<\/h2>\n\n\n\n

SUI<\/strong> is the native token of the blockchain of the same name. The crypto positions itself as a layer 1<\/strong> comparable to Ethereum, enabling the development of decentralized applications<\/strong> (dApps). In a highly competitive sector, SUI<\/strong> distinguishes itself through advanced technical characteristics that allow it to compete with other “Ethereum killers” like Solana<\/a><\/strong>, Cardano<\/strong> or Avalanche<\/a><\/strong>.<\/p>\n\n\n\n

The SUI<\/strong> blockchain was designed to address the fundamental challenges of the blockchain trilemma: scalability<\/strong>, decentralization<\/strong>, and security<\/strong>. Its uniqueness lies in its innovative architecture<\/strong> that provides exceptional performance, particularly in terms of transaction speed and processing capacity.<\/p>\n\n\n\n

The History of SUI<\/h3>\n\n\n\n

The project’s history is closely tied to that of the social media giant Meta<\/strong> (formerly Facebook). The SUI<\/strong> token was officially launched on May 2, 2023, by Mysten Labs<\/strong>, a company founded by former Meta developers.<\/p>\n\n\n

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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<\/strong> and developing the blockchain<\/strong>.<\/p>\n\n\n\n

The project quickly attracted interest from top-tier investors. Among SUI’s partners and supporters are major players in the crypto ecosystem<\/strong> such as Circle (issuer of USDC<\/strong>) and Binance Labs, the investment arm of the world’s largest cryptocurrency exchange<\/a><\/strong>.<\/p>\n\n\n\n

In 2024, the token<\/strong> reached a decisive milestone with the deployment of Mysticeti, a major improvement to its consensus that significantly enhanced its performance. This update propelled SUI<\/strong> among the fastest blockchains in the world, capable of executing transactions in less than a second.<\/p>\n\n\n\n

Who Created SUI ?<\/h3>\n\n\n\n

Mysten Labs<\/strong>, the company behind this project, was founded by a team of blockchain and cryptography experts. The main founders are former Meta developers.<\/p>\n\n\n\n

Among the key figures at Mysten Labs<\/strong> is Adeniyi Abiodun, co-founder of the company, who formulated an ambitious vision for this protocol<\/strong>: “SUI is not just a blockchain; it’s a global coordination layer for the Internet.”<\/p>\n\n\n\n

The Mysten Labs<\/strong> 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<\/strong>.<\/p>\n\n\n\n

The SUI Foundation<\/strong>, 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.<\/p>\n\n\n\n

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What is SUI Crypto Used For ?<\/h2>\n\n\n\n

The token fulfills several essential functions within the SUI<\/strong> blockchain ecosystem :<\/p>\n\n\n\n

First, SUI<\/strong> serves as a means of payment for transaction fees<\/strong> on the network. Each operation performed on the SUI<\/strong> blockchain requires the payment of fees in SUI<\/strong> tokens, which creates a constant demand for the cryptocurrency<\/a><\/strong>.<\/p>\n\n\n

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Second, it’s a governance token<\/strong> 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.<\/p>\n\n\n\n

Third, the token can be used for staking<\/a><\/strong>, a process that involves locking up tokens to secure the network and receive rewards in return. Staking SUI<\/strong> offers investors a source of passive income while contributing to the security and decentralization of the network.<\/p>\n\n\n\n

Finally, it facilitates the development of decentralized applications<\/strong> (dApps) in various domains such as decentralized finance (DeFi<\/a><\/strong>), NFTs<\/a><\/strong>, blockchain games, and many others. The SUI<\/strong> blockchain is particularly suited for applications requiring high processing speed and low latency.<\/p>\n\n\n\n

By 2026, the SUI<\/strong> 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.<\/p>\n\n\n\n

How Does the SUI Network Work ?<\/h2>\n\n\n\n

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.<\/p>\n\n\n

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\"SUI<\/figure>\n<\/div>\n\n\n

The Architecture of the SUI Blockchain<\/h3>\n\n\n\n

One of the main innovations of SUI<\/strong> lies in its ability to process transactions in parallel. While many blockchains process transactions sequentially, SUI<\/strong> can execute independent transactions simultaneously, which significantly increases its throughput.<\/p>\n\n\n\n

To achieve this remarkable performance, SUI<\/strong> relies on two innovative systems :<\/p>\n\n\n\n