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See the live Sui price UK. Buy Sui in the UK or add it to your Crypto Strategy.

Sui

SUI

SUI to GBP Price

£2.77

Sui Market Cap

£7.87B

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SUI GBP price chart / performance

SUI GBP price chart / performance

Past performanceis not indicative of future results. GBP (£) currency fluctuations can cause returns to go up or down. Returns shown are before fees.See feesandasset data disclosurefor more details.

Returns

Returns

Return (24h)
-4.25%
Return (7D)
+6.33%
Return (1M)
+72.61%
Return (1Y)
+516.77%

My Investment

My Investment

Profit Taken
£0.00
0.00%
You Have:
Unrealised P/L
£0.00
0.00%

Sui (SUI) History and Overview

Sui (SUI) History and Overview

Sui is a cutting-edge, layer 1 blockchain, powered by Proof-of-Stake, that provides high-speed transaction settlement and accommodates a broad spectrum of future-oriented decentralized applications. Its design is geared towards handling high latency and offers the flexibility for developers to construct Web3 projects in anticipation of an upsurge in Web3 users.

Behind Sui's development is Mysten Labs, a pioneering Web3 infrastructure entity, established by ex-high ranking officials from Meta's Novi Research. The team is composed of professionals specializing in cryptography, programming languages, and distributed systems.

Evan Cheng, Mysten's Co-Founder and CEO, likens the current state of Web3 to the initial, sluggish dial-up phase of the internet, characterized by slow and costly processes, security issues, and a challenging construction environment. Thus, Sui was created with the objective of removing intermediaries and enabling users to smoothly engage and blend their favorite products across various apps.

Key features of Sui stem from two primary innovations:

  • The MOVE programming language.
  • The Narwhal-Tusk consensus algorithm.

MOVE, a programming language native to the Sui blockchain, is based on RUST and was developed by Facebook's Libra project, with a focus on parallel execution.

On the other hand, the Narwhal-Tusk consensus algorithm employed in the Sui blockchain distinguishes data transmission from the transaction consensus process, tackling the Mempool-consensus issue found in traditional blockchain designs, such as Ethereum and Bitcoin.

Leveraging these two innovations, the Sui blockchain enables the network to scale horizontally, potentially supporting millions of transactions per second without necessitating specific nodes in the network. Consequently, users won't need to invest heavily in high-end hardware to process faster and more transactions since even normal computers will suffice.

How To Buy Sui or Add it to your Strategy

The fastest, most convenient way to purchase Sui is to purchase it on ICONOMI. We check Sui live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy Sui by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Sui is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy Sui, we recommend you read the next section, as copying might be a better approach.

Add Sui to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Sui in their structure.

Posts

Here you can read and comment on all posts made by Strategists about Sui SUI. See all Sui price predictions in real time and make the best use of their crypto knowledge.

Avatar
@MomenJaradat
17 Nov, 2024

For meme lovers, if you missed out on $SUI 🚀


Buy $SUI Memecoins😉

3 people like this

9/11

Analysis of Future Trends in The Cryptocurrency Market.


🔵 Smart Contract Platforms


🔹 Future Trends

Layer 2 solutions for scalability and cost-efficiency will grow.

Focus on platform sustainability and energy-efficient consensus mechanisms.

Cross-industry use of smart contracts in finance, insurance, and legal agreements.


🔥 Institutional Adoption

Financial institutions exploring $ETH and its competitors (e.g., $SOL, $ADA) for custom smart contract deployment.

Governments piloting smart contracts for public tenders and voting systems.



🎯 We look at $ETH ,$SOL ,$ADA ,$AVAX ,$NEAR $APT $SUI $ICP ,, etc which are listed on @ICONOMI , as competitors.

2 people like this
StraightUpTrading
16 Nov, 2024

Finally, NEAR breaks the $6 mark and is looking very strong. On to $10 🚀🚀✅✅ $NEAR Meanwhile, SUI continues to amaze as it heads toward $4! 🚀💪 $SUI

3 people like this
Alpha Digital
12 Nov, 2024

So what altcoins will I be concentrating on?


As some of you have already noticed I am a big fan of $OP Optimism.

I firmly believe that $ETH is the underdog of this cycle and will perform better than most expect.


Subsequently, scaling solutions will be needed and sought after. $OP has a very good position with the Superchain being a potential killer application/protocol allowing multiple Layer 2s to seamlessly connect and interact with each other scaling the network horizontally.


Apart from that Layer 1 solutions like $SOL, $AVAX, $NEAR, $SUI, etc. also have a lot going for them and will most likely also perform very well.


Then there are the sectors that saw crazy rallies in the past but couldn't live up to the expectations but could see a revival under more lax regulation. These include DeFi (decentralized finance) and RWA (real-world assets) tokenization.

Protocols like $AAVE, $CRV, $MKR, $ONDO, ... come to mind here.

5 people like this
Capella Horizon
10 Nov, 2024

Are we in an Alt season? $ADA $NEAR $ETH $AVAX $ATOM $SUI all flying here. Been a long road down- time for a significant recovery? Let’s hope so

5 people like this

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Sui Price FAQ

What Is the Highest Price of Sui in GBP?

Sui price UK history shows the highest value of 3.09 GBP . We recorded this price on November 16, 2024, but we cannot exclude that a higher price was registered before June 12, 2023.

What Is the Lowest Price of Sui in GBP?
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What Is the Current Sui Price UK in GBP?
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