Buying Sui (SUI) is easy!

Buying Sui (SUI) is straightforward! Learn about the blockchain project founded by former Meta employees.

Suiis not supported by Young Platform.

Buy Sui (SUI): Price and Trends

Why Buy Sui (SUI)?

You might consider buying Sui (SUI) because it has the potential to become a successful blockchain project. This Layer 1 network, pronounced “swee,” was established by a company formed by former Meta (Facebook) employees. The SUI token, distributed via an airdrop and an Initial Coin Offering (ICO) in May 2022, quickly entered the top 50 most capitalised cryptocurrencies within months.

Purchasing SUI is crucial for participating in consensus through staking and using decentralised applications (dApps) built on this infrastructure. It serves as the utility token of this blockchain, required for paying transaction fees.

What Is Sui and Its Origin?

Sui is a fast, scalable Layer 1 blockchain with a Proof-of-Stake consensus mechanism. Its smart contracts are programmed using Move, a programming language developed by the same team behind Facebook’s unreleased cryptocurrency, Libra. The consensus mechanism, comprising the Narwhal, Bullshark, and Tusk protocols, allows for processing up to 120,000 transactions per second.

The foundation managing the ecosystem’s work is led by Greg Sioronunis, an Economics professor at Panteion University in Athens and a Barclays Capital collaborator. Sui (SUI) has raised $336 million across two funding rounds, achieving a valuation of $2 billion. The investment rounds saw participation from notable names in the industry, including Binance Labs, Coinbase Ventures, a16z crypto, Jump Crypto, and Circle Ventures, making SUI a compelling purchase consideration.

Stay up to date with the price of Sui

Price 24H
Change 24H
Daily High
Circulating Supply
Market Cap

Create your account in 3 steps on Young Platform

Sign Up and Verify Your Identity
Enjoy free registration and full control over your funds. Move your money how you want, when you want.
Pay with Card, Bank Transfer or Apple and Google Pay
Start with every penny you have. Whoever said you need a fortune to enter this market has misled you.
Instantly Buy and Sell
Tailor your strategy and leverage automation to maximise your outcomes. Trade on your own terms.

What does the Young Platform do?

Young Platform is the European exchange that blends simplicity with security, already chosen by over 2 million people for buying and selling cryptocurrencies. Backed by significant entities such as Azimut, United Ventures, and Banca Sella, Young Platform eases your entry into the world of cryptocurrencies with a user-friendly interface, easy-to-use trading tools, educational courses, and up-to-date news, all designed to be accessible to everyone. And the best part? It's completely free.

Check out the Top movers

Take a look at the prices of cryptocurrencies that have reached higher volatility in the last 24 hours and catch market trends.

Jump into the crypto market now