What Is Sui Crypto 2025: Beginner’s Guide to Sui Blockchain, Token, Price

2025-05-05

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Sui (SUI) is a cutting-edge Layer 1 blockchain designed for unprecedented speed and scalability. Launched in May 2023, it has rapidly climbed to become one of the top cryptocurrencies. Its token price reached $5.35 and market cap exceeded $15.9 billion by January 2025.

The blockchain uses parallel processing technology, enabling near-instant transaction finality and low costs. These features make Sui (SUI) perfect for DeFi applications and blockchain gaming.

This guide covers the essentials of Sui crypto. You will learn what Sui (SUI) is, how it works, its key use cases, and practical steps for buying, using, and staking SUI tokens to maximize your investment potential.


What Is Sui Crypto?

This section will explore what makes Sui (SUI) a revolutionary blockchain platform that is rapidly gaining attention in the crypto space.

The Basics of Sui Blockchain

Sui (SUI) is a Layer 1 blockchain that delivers high-speed, low-cost transactions through innovative parallel processing. It leverages the Move programming language to define, create, and manage Sui objects (user assets). This unique data model allows independent transactions to run simultaneously, thereby increasing throughput.

The Move programming language, originally developed for Meta's Diem blockchain, provides safer and more efficient programming. Sui (SUI)'s enhancements to Move enable the platform to scale horizontally by processing unrelated transactions in parallel without waiting for consensus on each one.


Why Sui Stands Out?

Sui differentiates itself with its focus on accessibility and performance advantages over established competitors.

Features

Sui

Ethereum

Solana

Transaction Speed

Near-instant finality

Minutes

Seconds

Scalability

Horizontal scaling via parallel processing

Limited by sequential processing

High but with network stability issues

User Access

zkLogin for social ID wallets & sponsored transactions

Complex wallet management

Standard wallet requirements

Programming

Move language (safety-focused)

Solidity

Rust

Consensus

Delegated Proof of Stake (DPOS)

Proof of Stake

Proof of History + Proof of Stake

These innovations position Sui (SUI) as a major contender for real-world crypto applications by solving blockchain scaling and user accessibility issues.

Read more: How Does SUI Compare to Other Blockchains?

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How Does Sui Work?

Sui's revolutionary architecture enables unprecedented transaction speeds and scalability through its unique approach to blockchain data management.

Object-Centric Data Model

This platform reimagines blockchain data as discrete objects rather than account entries in a ledger. This object-centric model allows for more efficient transaction processing.

  • Owned Objects:
    Assets like tokens and NFTs that belong to individual users and can only be transacted by their respective owners.

  • Shared Objects:
    Resources that multiple users can access according to programmed rules, requiring consensus from validators for any changes.

  • Immutable Objects:
    Permanently locked objects that cannot be modified by anyone, similar to deployed smart contracts.

  • Nested Objects:
    Objects that are owned by other objects, such as accessories attached to a game character.


Parallel Processing and Mysticeti Consensus

Sui (SUI) achieves its remarkable speed by processing unrelated transactions simultaneously. Transactions involving only owned objects can be validated immediately without waiting for network-wide consensus. This parallel processing enables Sui to reach a throughput of over 100,000 transactions per second.

The Mysticeti consensus protocol further enhances performance by eliminating leader bottlenecks. It automatically determines block commitment by checking if a strong majority of validators have linked back to a block. This streamlined process delivers sub-second finality and helps maintain high throughput and security across the network.

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Key Use Cases of Sui Blockchain: DeFi, NFTs, Gaming, and BTCFi

Sui's impressive transaction speed and low fees enable novel applications across multiple blockchain sectors.

1. DeFi Applications

The project’s architecture provides ideal conditions for decentralized finance with near-instant transaction finality and consistently low fees. Its parallel execution prevents bottlenecks during high-activity periods, ensuring DeFi applications remain responsive even under heavy load.

DeepBook, Sui's native decentralized central limit order book, allows users to set limit orders and achieve settlements in approximately 500 milliseconds. This infrastructure empowers DeFi protocols, like SuiLend and NAVI, to offer lending services with significantly reduced latency compared to traditional blockchains.

The Move programming language further enhances DeFi security by preventing common vulnerabilities like re-entrancy attacks, double-spending, and asset duplication through its resource-oriented nature and strict ownership rules.


2. NFT and Gaming Applications

Sui's object model perfectly suits gaming and NFTs. Characters can own equipment, achievements can modify appearances, and game states can update in real-time thanks to dynamic NFTs that change based on gameplay events.

Major gaming companies like Netmarble have launched titles on Sui, including Samurai Shodown R, leveraging the platform's high throughput and low latency. These games benefit from Sui's ability to handle thousands of concurrent operations with sub-second finality.

Sui (SUI) also removes barriers for traditional gamers through zkLogin, which enables wallet creation using familiar social logins like Google and Twitch, and sponsored transactions that eliminate the need for new users to purchase tokens for gas fees.


3. BTCFi on Sui

Bitcoin (BTC)'s limited programmability has historically restricted its DeFi participation to less than 2% of total supply. Sui (SUI) is changing this equation by enabling Bitcoin holders to access yield-generating opportunities through its BTCFi ecosystem.

Users can bridge wrapped Bitcoin (wBTC), Liquid Bitcoin (LBTC), and staked Bitcoin (stBTC) to Sui (SUI), then deploy these assets across DeFi protocols for lending, trading, and yield farming. This integration has been remarkably successful, with Bitcoin assets now comprising approximately 10% of Sui's total value locked.

Sui (SUI) is further strengthening its Bitcoin connection by becoming a Bitcoin Secured Network through the Babylon protocol. The platform inherits Bitcoin's security while allowing BTC holders to secure the network without surrendering custody of their assets.


Understanding the SUI Token

The SUI crypto underpins the Sui blockchain ecosystem, driving transactions and incentivizing network participants.

SUI Tokenomics Overview

SUI has a fixed maximum supply of 10 billion tokens. Within that supply, 50% is allocated to the Community Reserve, 20% to Early Contributors, 14% to Investors, 10% to Treasury, and 6% to the Community Access Program.

The token launched with Sui Mainnet in May 2023, initially with a one-year cliff period for vested tokens. This vesting period ended in May 2024, allowing previously locked tokens to enter circulation.


Main Uses of SUI Token

  • Gas Fees:
    SUI is required to pay for transaction processing and execution on the Sui network, including a unique storage fee component that funds future storage costs.

  • Staking:
    Token holders can delegate SUI to validators to help secure the network and earn staking rewards in return.

  • Governance:
    SUI owners can participate in on-chain voting to determine the future direction of the protocol and proposed changes.


Sui Price Trends

Since its launch in May 2023, SUI has demonstrated significant growth potential. The token reached a peak price of approximately $5.35 in January 2025, helping push its market capitalization beyond $15.9 billion.

This impressive performance has cemented SUI’s position in the top 60 cryptocurrencies by market capitalization in less than a year after launch. The token's price growth has outpaced some competitors, mirroring Sui (SUI)'s increasing total value locked (TVL) in its ecosystem, which reached nearly $2 billion by early 2025.

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How to Use SUI Token in the Ecosystem?

SUI tokens provide access to a growing ecosystem of decentralized applications across various sectors of Web3.

DeFi and NFT Applications

Sui's blockchain powers numerous DeFi protocols where users can put their SUI tokens to work generating yield and facilitating transactions.

  • Suilend:
    The largest protocol on Sui with $696 million TVL, offering lending/borrowing with up to 54% deposit APR, plus SpringSui for liquid staking that provides sSUI tokens, which can be used across DeFi or instantly redeemed for SUI.

  • Cetus:
    A DEX built on both Sui and Aptos blockchains with $241.9 million TVL. It utilizes concentrated liquidity pools for better capital efficiency and integrates with Wormhole for cross-chain asset bridging.

  • SuiNS:
    The Sui Name Service functions similarly to Ethereum Name Service, converting complex alphanumeric wallet addresses into human-readable names, making token transfers more user-friendly.


Web3 Gaming on Sui

Sui's near-instant transaction finality and dynamic NFT capabilities make it particularly well-suited for blockchain gaming applications.

  • Samurai Shodown R:
    This mobile MMORPG by SNK leverages Sui's dynamic NFT technology to create in-game items that become more powerful as characters win battles and achieve milestones, with updates occurring instantly thanks to Sui's near-instant finality.

  • Netmarble Games:
    A major gaming developer with popular titles like Seven Knights 2, A3: Still Alive, and Merge Fantasy Island that is building on Sui's blockchain infrastructure for enhanced player experiences.

  • Lucky Kat Studios:
    This Dutch metaverse game studio develops Web3 games where players can truly own in-game assets. Their mobile-first approach has already produced several games with multi-million downloads, including Magic Finder and Road Crash.

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How to Buy SUI Crypto Using Bitget Wallet?

Purchasing SUI tokens through Bitget Wallet offers a straightforward process for both beginners and experienced crypto users.

Step-by-Step Buying Guide

Bitget Wallet provides a user-friendly interface for buying SUI crypto directly from your mobile device.

  • Open Bitget Wallet:
    Download the Bitget Wallet app from your app store. Create an account by providing the necessary information and completing identity verification.

  • Search for SUI:
    Navigate to the market section in the Bitget Wallet interface. Use the search function to find the SUI token and click on it to view its trading page.

  • Choose Payment Method:
    Select your preferred payment option, either transfer existing cryptocurrency from another wallet or purchase directly using a credit/debit card.

  • Confirm Transaction:
    Review your order details, including the amount and trading pair (like SUI/USDT). Confirm your purchase and monitor the order status until completion.

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Why Choose Bitget Wallet?

Bitget Wallet stands out as one of the largest decentralized wallets in Asia, serving over 60 million users across 168+ countries. It offers comprehensive security through its unique DESM encryption algorithm and shares a $300 million Protection Fund with Bitget Exchange to safeguard user assets.

The wallet provides exceptional versatility with support for 100+ blockchain networks, integrated NFT marketplace, DApp browser, and swap functionality. This multi-chain support allows users to not only purchase SUI tokens but also interact with Sui's ecosystem of DeFi applications, games, and NFT platforms all from a single interface.


Final Thoughts

Sui (SUI) has rapidly grown to become one of the largest Layer 1 blockchains by market capitalization, surpassing established networks like Avalanche and TON. This achievement is attributable to its innovative object model, parallel transaction execution, and Mysticeti consensus protocol.

These technical advantages provide fast throughput, near-instant finality, and cheap costs, making Sui (SUI) perfect for demanding applications such as DeFi, gaming, and NFT.

For investors looking to participate in this growing ecosystem, Bitget Wallet offers a secure and comprehensive platform for buying, storing, and staking SUI tokens. Bitget provides everything needed to engage with Sui's expanding range of applications.

Get started today! Download Bitget Wallet and take control of your SUI and other Web3 assets!

 Download Bitget Wallet

Risk Disclosure

Please be aware that cryptocurrency trading involves high market risk. Bitget Wallet is not responsible for any trading losses incurred. Always perform your own research and trade responsibly.

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