Sui (SUI) has emerged as a high-performance Layer 1 blockchain designed to redefine how digital assets are owned, transferred, and utilized. With its unique object-centric architecture and support for parallel transaction processing, Sui is rapidly gaining attention in the Web3 ecosystem. This comprehensive guide explores the current SUI price in Chinese Yuan (CNY), market performance, technological innovations, tokenomics, and future outlook—all while providing actionable insights for investors and developers.
Current Sui Price in CNY
As of the latest update, 1 SUI is valued at 2.92 CNY, with a total market capitalization of $10.11 billion**. Over the past 24 hours, Sui has seen a **4.58% price decline**, with trading volume reaching **$1.12 billion. The 24-hour price range fluctuated between a high of 3.08 CNY and a low of 2.91 CNY.
The fully diluted valuation matches the current market cap at $10.105 billion, indicating no significant difference between circulating and total supply impact. With a circulating supply of 3.455 billion SUI out of a maximum cap of 10 billion, approximately 34.55% of the total tokens are currently in circulation.
What Is Sui Blockchain?
Sui is a next-generation Layer 1 blockchain developed by Mysten Labs, founded by former Meta (Facebook) engineers who contributed to the Diem blockchain and Move programming language. Launched in May 2023, Sui introduces a radical shift in blockchain design by focusing on object-based data modeling rather than traditional account-based systems.
This architecture enables:
- Sub-second transaction finality
- High throughput via parallel execution
- Scalability without compromising security
- Native support for NFTs and dynamic digital assets
By eliminating bottlenecks associated with sequential processing, Sui achieves faster confirmation times—ideal for applications requiring real-time interactions such as gaming, DeFi, and social platforms.
How Does Sui Work?
At the core of Sui's innovation is its use of the Move programming language, which emphasizes resource-oriented programming and secure asset handling. In Sui’s model, every digital asset is treated as an independent object with a unique identifier stored on-chain.
Key Technical Features:
- Parallel Transaction Processing: Transactions involving non-overlapping objects can be processed simultaneously, significantly increasing network efficiency.
- Bullshark Consensus: A high-throughput, DAG-based (Directed Acyclic Graph) consensus mechanism that replaces earlier versions like Tusk, enabling faster finality and lower latency.
- No Miner Fees for Simple Transactions: Certain operations (like transferring owned assets) do not require gas fees, reducing user friction.
- Developer-Friendly Tools: SDKs, testnets, and documentation make it easier for developers to build dApps on Sui.
This combination allows Sui to scale horizontally and handle millions of transactions per second under optimal conditions.
Understanding the SUI Token
SUI is the native utility token of the Sui network, serving multiple critical functions:
Primary Use Cases:
- Gas Payment: Users pay transaction fees in SUI when interacting with smart contracts or deploying dApps.
- Staking: Validators stake SUI to participate in consensus and earn rewards—supporting network security through Proof-of-Stake (PoS).
- Governance: Token holders may influence protocol upgrades and ecosystem development proposals.
- Incentives & Rewards: Developers and early adopters receive grants and incentives funded by the Sui Foundation.
Token Distribution:
The total supply of SUI is capped at 10 billion tokens, allocated as follows:
- 50% – Community Reserve: For developer grants, research, and validator incentives
- 20% – Early Adopters: Rewarded to initial users and contributors
- 14% – Investors: Backers from private funding rounds
- 10% – Mysten Labs Treasury: For ongoing innovation and operations
- 6% – Airdrops & Testnet Participants: Distributed during network testing phases
This balanced distribution supports long-term sustainability and decentralized growth.
Factors Influencing SUI Price
Several key drivers affect the value of SUI in the crypto market:
1. Market Sentiment
Positive news such as major exchange listings, partnerships, or institutional investments can boost investor confidence.
2. Adoption Rate
Increased usage by developers building decentralized applications (dApps), especially in gaming and NFTs, directly increases demand for SUI.
3. Technological Advancements
Upgrades like the transition from Tusk to Bullshark consensus improve performance and attract more users and validators.
4. Macro-Economic Conditions
Broader trends in financial markets, regulatory developments, and global liquidity impact all cryptocurrencies, including SUI.
5. Competition
Sui competes with other high-speed blockchains like Solana and Ethereum L2s. Its ability to deliver on scalability and low-cost transactions will determine its competitive edge.
SUI Price History & Performance
Over the past year, SUI has delivered impressive returns despite market volatility.
| Time Period | Price Change (%) | Low (CNY) | High (CNY) |
|---|---|---|---|
| 24h | -4.58% | 2.91 | 3.08 |
| 7d | +10.85% | 2.66 | 3.08 |
| 30d | -10.49% | 2.31 | 3.55 |
| 90d | +30.62% | 1.74 | 4.26 |
| 1 Year | +292.66% | 0.4636 | 5.35 |
All-Time High & Low
- ATH (All-Time High): 5.35 CNY — reached on January 6, 2025
- ATL (All-Time Low): 0.3643 CNY — recorded on October 19, 2023
Compared to its peak, the current price reflects a 45.35% correction, while it remains up over 700% from its lowest point.
Frequently Asked Questions (FAQ)
What is the current price of Sui in CNY?
As of now, 1 SUI equals 2.92 CNY. Prices are updated in real time based on global exchange data.
Where can I buy SUI tokens?
You can purchase SUI on major cryptocurrency exchanges that support its trading pair against CNY or stablecoins like USDT.
👉 Access a trusted platform to trade SUI with low fees and high liquidity.
Is SUI a good investment?
SUI presents strong potential due to its innovative technology, growing ecosystem, and backing from top-tier investors like a16z, Binance Labs, and Coinbase Ventures. However, like all crypto assets, it carries risk—conduct thorough research before investing.
Can I stake SUI tokens?
Yes, SUI operates on a Proof-of-Stake model. You can stake your tokens to become a validator or delegate to one, earning passive income in return.
What makes Sui different from other blockchains?
Sui stands out with its object-centric model, parallel execution engine, and optimized consensus protocol (Bullshark). These features enable ultra-fast transactions and make it ideal for scalable Web3 applications.
What are the future price predictions for SUI?
While speculative, some models project:
- 2026: ~2.88 CNY
- 2031: Up to 4.49 CNY, representing a potential +48% return from current levels
These forecasts depend heavily on adoption, ecosystem growth, and macro conditions.
Why Sui Matters for the Future of Finance
Sui aims to democratize access to financial services by removing intermediaries and enabling seamless asset interaction across chains. Its scalable infrastructure supports complex financial instruments—from programmable money to dynamic NFTs—making it well-suited for DeFi, identity management, supply chain tracking, and gaming economies.
Moreover, Sui’s focus on interoperability, security, and developer experience positions it as a leading contender in the next wave of blockchain evolution.
Core Keywords
- Sui price in CNY
- SUI real-time price
- Sui market cap
- SUI tokenomics
- Sui blockchain technology
- SUI price prediction
- Buy SUI in China
- Sui vs Solana
These keywords have been naturally integrated throughout this article to enhance SEO visibility while maintaining readability.
👉 Stay ahead of market shifts with real-time analytics and secure trading options for SUI today.