The SUI token is the native cryptocurrency of the Sui blockchain, a layer-1 platform designed for high-speed transactions and scalability. It is used for staking, paying gas fees, governance, and various applications within the ecosystem, such as decentralized exchanges and gaming. As of March 9, 2025, SUI shows promising growth, with a market cap of approximately $8–10 billion and significant developer activity. However, its recent price volatility and competition from established blockchains like Ethereum and Solana introduce uncertainty.