Dear Readers,

The SUI cryptocoin hit the All Time High with the price of 1.81 USD. 

Sui is a Layer 1 blockchain designed to make digital asset ownership fast, private, secure, and accessible to everyone. 

SUI is the native token of the Sui blockchain, a layer one blockchain network and smart contract platform that’s striving to make digital asset ownership private, secure and accessible.

It delivers the benefits of Web 3 at the experience of Web 2. 

SUI coin is used to pay for transaction fees within the network. The coin acts as the medium of exchange to cover all associated fees, whether you are interacting with smart contracts, transferring assets, or participating in any Sui on-chain activity.

SUI has entered with various collaborations and partnerships which got the attention among the traders and investors. 

At the time of trading All time High,  SUI shared the news of its project’s partnership with the American University of Sharjah (AUS) in the United Arab Emirates (UAE) to establish the AUS-Sui Blockchain Academy.

This academic initiative will foster the latest blockchain education to the university and all the necessary technical support for innovation in the technology - which is a great boon and foundation for the next generation Web 3 builders. This AUS-SUI blockchain academy will function under the multidisciplinary center for entrepreneurship, innovation and sustainable development of the University. 

This is seen as a significant milestone in transforming Sharjah a global crypto hub initiative. 

Currently SUI is at 44th rank according to its marketcap in the coinmarketcap.com website.

It registered higher trading volume with 17th position. 

Currently SUI trades at 1.76 USD which is a price of 384% higher to its All Time Low Price of USD 0.3643 which registered on Oct 19, 2023.