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DATA CEO Andrea Muttoni (Source: DATA)Summary

DATA shifted from its broad intellectual property ambitions to AI training data after finding that established licensing markets were difficult to disrupt, CEO Andrea Muttoni told CoinDesk.The startup is moving to Sui following a $30 million investment from Sui Foundation, allowing the company to focus on its data verification tools rather than maintaining its own blockchain.DATA's Trace registry tracks the origins, consent terms and licensing history of AI training data, with partner Kled adding millions of contributions each day.DATA, the blockchain startup backed by Andreessen Horowitz's a16z crypto and formerly known as Story Protocol, is shutting down its blockchain and moving to Sui after securing a $30 million investment from the network's foundation.

The move comes after spending years trying to bring intellectual property onchain. But after raising $140 million and building its own blockchain, the company found that changing how the world's intellectual property is licensed was harder than expected.

"We were trying to boil the ocean, and it was a very saturated and entrenched ocean," Andrea Muttoni, CEO of DATA Foundation, told CoinDesk in an interview.

That realization helped drive Story’s rebrand to DATA Foundation in June, when it shifted its attention to the market for AI training data. Four months later, the company is now narrowing its focus further to tracking the origins and usage rights of data used to train artificial intelligence models.

When the Bellevue, Washington-based startup was founded in 2022, the original plan covered everything from music royalties to patents and trademarks. The idea was to let owners register their intellectual property on a blockchain and set terms for how others could use it. The problem, Muttoni said, was that many of those industries already had systems in place, while large rights holders had little interest in making their intellectual property available for permissionless licensing.

"We were kind of spreading ourselves way too thin across so many different types of IP," he said.

Then came the rebrand earlier this year.

However, after that, the team began to question whether it still needed to maintain an entire blockchain, given that most of its work centered on a single product: Trace, which is a registry that records where training data comes from, who contributed it and what rights buyers have to use it.

Also, running a blockchain comes with costs, including engineers, validators, audits and infrastructure providers.

"Does it still make sense to run our own L1, or should we focus most of our energy on the protocol, on the product, on Trace?" he said.

That line of thinking led to the decision to shut down its blockchain and move to Sui.

Muttoni did not disclose how much of Story's original $140 million in funding remains, but said its existing investors, including a16z crypto, are still involved.

Now, Muttoni is positioning the new focus as a continuation of the first rebrand rather than another change in direction.

Finding a market in AI dataThe company's new strategy grew partly out of its experience with Poseidon, an AI data company incubated by the Story team that collects and processes data for training AI models.

Muttoni said the team found a market where buyers often had little way to check whether the datasets they were purchasing were original, properly licensed or even exclusive. In one case, vendors offered Poseidon supposedly exclusive datasets that were already available from other sellers.

"We were at one point given our own data set back to us," he said.

DATA is trying to address that problem through its product, Trace.

For example, when someone uploads a video or voice recording via a participating data marketplace, Trace creates a receipt for that file. The record includes details such as when it was submitted, the terms the contributor agreed to and any later licensing or payment events.

Kled, a marketplace that pays people to contribute data, accounts for much of the activity. Muttoni said the platform is adding between 3 million and 4 million contributions a day, including older records being brought onto Trace.

The figures show how much data is being registered, though not necessarily how much has been sold. DATA did not disclose how many records have generated licensing revenue.

The move comes as more crypto projects shift toward AI, betting on growing demand for training data and tools to track its origins. Muttoni estimates the AI training data market could be worth hundreds of billions of dollars.

For now, Muttoni said, the goal is not to compete with data marketplaces but to provide a record that buyers and sellers can check. "The main goal for now is being the infrastructure for, let's say, the auditability and provenance of data," he said.

He didn't rule out DATA eventually operating its own marketplace, but didn’t provide any further details.

Why Sui?Moving to Sui means DATA will no longer need to run its own blockchain, while gaining access to tools that Muttoni said fit what the company wants to build next.

One is Walrus, a decentralized storage platform that can hold copies of the original files registered through Trace. Another is Seal, which can encrypt those files and restrict access to buyers with the right permissions.

Today, Trace records information about a file rather than storing the file itself. Adding storage would let buyers compare what they receive with the original submission, making it easier to spot changes.

Sui Foundation will become DATA Network's largest institutional holder through its $30 million investment. Muttoni said Sui is taking a hands-off approach to DATA's product plans. Financial details weren’t disclosed.

The company also plans to move its existing token to Sui on a one-to-one basis, with its current blockchain remaining operational until the migration is complete. Existing $DATA tokens will move to Sui one-to-one, with holders retaining their rights and vesting schedules unchanged, according to a press release.

For Muttoni, the decision comes down to concentrating on the part of DATA’s original business that attracted the most interest.

"We were thinking of going in one direction, but you see the wind keeps pulling you in a different direction," he said. "Maybe the wind is coming from that way."

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Sui Network's year-to-date SUI buybacks have reached 915,800 tokens, funded by stablecoin yield and fees. Here is how the program works and what it means for supply.

@SuiNetwork has bought back 915,800 $SUI year-to-date, putting the program within reach of the 1 million token mark. The purchases are funded by protocol-earned stablecoin yield and execution-fee earnings, and are carried out continuously on the open market.

Onchain data shows total protocol earnings of $3.2 million so far in 2026. The earnings are driven by transaction execution density and treasury float income on the Move-based Layer-1 network.

How the Sui buyback mechanism worksThe program converts yield from dollar-based assets held in network reserves into daily spot purchases of $SUI. , according to the network's own buyback dashboard.

The yield largely comes from USDsui, the network's native stablecoin. , CoinDesk reported at launch.

The model links stablecoin growth to token demand. The network's dashboard currently lists .

Buybacks are not burnsUnlike a buyback-and-burn scheme, the program does not shrink supply.

The scale is also modest relative to the market. In an August analysis, AMBCrypto noted that . It concluded the program .

The total has grown steadily since then. by early September, so the latest figure of 915,800 $SUI marks continued accumulation. The pace depends on how much yield the reserves generate, which can vary with stablecoin float and usage.

Sui's reference gas price was also changed this year. , which shifts more of the revenue mix toward stablecoin yield.

SourcesSui Network Revenue & SUI Buybacks (Sui)
Sui's native USDsui stablecoin goes live (CoinDesk)
Sui Buybacks Return Purchased Tokens Without Cutting Total Supply (TokenPost)

Sui, a layer-1 blockchain network focused on scalability and performance, is launching an artificial intelligence-powered payments system in partnership with Alibaba Cloud, a leading Chinese cloud service provider. The integration allows AI agents to pay for digital services using USDC stablecoins, with all settlements recorded directly on the Sui blockchain.

Alibaba Cloud teams with Sui Agent PaymentsUnder this collaboration, Alibaba Cloud’s services are now available within Sui Agent Payments. This means that autonomous agents, such as automated software or bots, can pay for cloud or AI-related service calls in USDC without manual transaction approvals. The system enables users to set explicit spending limits, streamlining payments and facilitating continuous service access for digital agents.

By moving away from traditional subscription-based models, the integration allows spending to reflect actual usage. Users retain direct control by setting budget ceilings for their autonomous agents, thereby adding a layer of security and transparency to automated operations within the blockchain environment.

Agents can now pay per call in USDC, within user-defined limits, with every payment settled on Sui. This model replaces standard subscriptions and links blockchain with cloud computing for seamless, controlled payments.

The updated system combines fast blockchain settlements with Alibaba Cloud’s infrastructure services. Despite the advancement, Sui’s activity metrics such as adoption and transaction volume have not yet been detailed, and further data is needed to determine how the partnership will affect overall network usage.

Mini dictionary: Alibaba Cloud, the cloud computing subsidiary of Alibaba Group, offers scalable infrastructure and AI solutions, supporting global enterprises and now collaborating with blockchain projects for advanced digital services.

Potential impact on Sui’s network and SUI tokenThis new payment capability offers another blockchain application for Sui, which has positioned itself as a platform for modern automation tools. Developers and businesses seeking automated, pay-as-you-go digital transactions could benefit from using stablecoins such as USDC for regular micro-payments between software systems.

While increased USDC-powered payments may boost network traffic, direct demand for SUI tokens remains uncertain. The longer-term effect on the SUI ecosystem will depend on how quickly developers and enterprises begin adopting this integrated solution and whether it leads to higher network utility and activity.

Sui Insiders, a crypto analytics group, reported that SUI has established strong support between $0.85 and $0.90, with resistance expected near the downtrend line. They view a potential rally towards $1.30–$1.40, provided buyers hold the support and break key resistance areas. However, a loss of this support could limit near-term recovery prospects for SUI’s price.

ParameterSupportTargetSUI price range$0.85–$0.90$1.30–$1.40To validate an upward move, analysts emphasize that SUI must maintain support and push above descending resistance. Indicators such as volume and open interest in derivatives may help confirm the momentum, but sufficient data has not yet emerged.

Outlook hinges on adoption and real-world usageThe partnership with Alibaba Cloud is regarded by market observers as a potential catalyst for Sui’s ecosystem, but they caution that no direct correlation between the news and immediate price movement can be confirmed at this stage.

Real confirmation of the impact will depend on actual adoption and measurable USDC transactions, showing that Sui’s integration supports real-world cloud service purchases.

Moving forward, the industry will monitor both the adoption rate of Alibaba Cloud products processed through Sui Agent Payments, as well as the emergence of USDC transaction volumes on the network. These indicators are seen as necessary for evaluating the effectiveness and practicality of the new system.

The current technical outlook for SUI centers on the $0.85–$0.90 support and the status of the downtrend line. A breakout could affirm analyst targets around $1.30–$1.40, while a failure to hold will likely invalidate that scenario.

Sui’s blockchain developments and price performance will help clarify whether the new integration meaningfully expands its use and triggers a significant market response.

Sui Network has passed 5 billion total transactions, with the count at 5.02 billion. Here is what the milestone says about $SUI and Layer 1 scalability.

The @SuiNetwork has passed 5 billion total transactions, a milestone for the Layer 1 blockchain developed by @Mysten_Labs. The cumulative count currently stands at 5.02 billion, and network traction has grown in recent weeks and months.

How Sui reached 5 billion transactionsThe milestone follows a steady climb. In July, Sui crossed 4.5 billion cumulative transactions, according to data from analytics platform Chainspect cited by Cointrust. By September, Chainspect data showed the network had processed about 4.8 billion transactions, with a seven-day average of around 80.3 transactions per second, KuCoin News reported.

Cumulative transaction counts include all activity since mainnet launch, covering token transfers, smart contract executions and decentralized application usage. Sui's mainnet went live in May 2023, according to Oak Research, meaning the network reached 5 billion transactions in a little over three years.

Transaction totals need careful reading. Bitcoinist noted that automated transactions can inflate totals, and that investors will want to see whether activity lines up with total value locked, stablecoin usage and real application demand. Larger and more established networks such as Ethereum and Solana have processed significantly higher totals over longer periods, as Cointrust has noted.

Scalability is the core of the $SUI pitchSui's scalability rests largely on its architecture. According to Oak Research, the Mysticeti consensus upgrade went live on mainnet in July 2024 and was designed to cut latency sharply. Sui's own engineering blog says Mysticeti is the consensus protocol that powers Sui, with a later v2 release aimed at faster and lighter transaction processing.

Sui also uses parallel transaction execution and an object-centric data model, which are designed to deliver high throughput and low latency for decentralized applications.

For $SUI holders and developers, the 5 billion mark is a usage signal rather than a price catalyst. The next test is whether growing transaction volume translates into lasting economic activity across DeFi, gaming and stablecoin applications on the network.

Sources:

Cointrust: Sui Blockchain Surpasses 4.5 Billion On-Chain TransactionsOak Research: Zoom in on Mysticeti, the update that powers SuiBitcoinist: SUI Hits 4.5B Transactions As Wallet Activity Climbs

Sui's native stablecoin $USDsui has passed $80M in supply just months after its March 2026 launch, according to CryptoNews. Here is what is behind the growth.

@SuiNetwork's native stablecoin, $USDsui, has reached a record supply of more than $80 million, only months after its launch in March 2026. According to CryptoNews, the asset's supply has grown 20.5% over the last three months. Credit goes to the @Mysten_Labs team, which develops the Sui protocol.

How $USDsui got hereThe Sui Foundation announced the $USDsui mainnet launch on March 4.

The stablecoin was first unveiled in November 2025. At the time, That design differs from stablecoins where the issuer keeps the reserve income. CoinGecko's Sui page also lists a news item on the Sui Foundation repurchasing SUI tokens using USDsui yield.

Zero-fee transfers may also help adoption.

Context: a smaller slice of Sui's stablecoin marketThe $80 million milestone is a record for $USDsui itself, but it is still small against Sui's wider stablecoin market.

Supply figures also vary by source and date. while Readers should check live data before relying on any single number.

Overall, the growth shows early traction for a stablecoin that Sui controls, rather than relying only on third-party issuers. Whether $USDsui can keep expanding will depend on how much of Sui's stablecoin activity moves to it from existing assets.

SourcesSui Blog: Sui Unveils USDsui, a Native Stablecoin
Bridge: Sui Dollar (USDsui) reserve and supply data
DefiLlama: Sui stablecoin market cap and supply

Sui’s decentralized finance (DeFi) ecosystem is drawing increased attention as Haedal, a liquid staking protocol operating on the network, has surpassed 10 million WAL tokens staked in its haWAL product. According to industry intelligence platform MSB Intel, this milestone highlights growing participation within Sui’s ecosystem. Meanwhile, total value locked (TVL) on Sui has reached $523.5 million, marking a significant achievement for the network.

Haedal’s liquid staking milestoneHaedal, known for its liquid staking solution on Sui, has achieved a major milestone with more than 10 million WAL tokens staked in haWAL. Liquid staking enables users to stake assets while retaining a liquid derivative token, allowing them to participate in other DeFi opportunities without relinquishing staking rewards.

Mini dictionary: Haedal is a decentralized protocol on Sui that allows users to stake the network’s native WAL tokens and receive haWAL, a liquid representative token. haWAL can be used within supported DeFi applications, enhancing flexibility for stakers.

The current haWAL staking total reflects engagement with Haedal specifically, while Sui’s broader TVL tracks value deposited across multiple protocols on the network.

Sui’s network now holds $523.5 million in total value locked, while Haedal’s 10 million WAL staked underscores rising activity within Sui’s DeFi landscape.

Sui’s current DeFi landscapeSui’s TVL at $523.5 million places it among the more active DeFi networks, indicating steady capital inflows and user participation. Total value locked represents the combined value of digital assets held in various decentralized finance protocols, serving as an important metric for ecosystem health and adoption.

While Haedal’s milestone showcases specialized protocol engagement, the overall TVL trend provides a broader view of Sui’s DeFi sector growth. However, these figures reflect network activity and do not in themselves guarantee future price performance for SUI, the network’s native token.

Price analysis and key support levelsCrypto analyst Giannis Andreou is closely watching SUI as it retests a previous consolidation zone. According to Andreou, SUI is currently trading around $1.07 and remains within a key support region between $1.00 and $1.08. This zone may prove pivotal for its short-term trend, especially following the breakout in September.

Andreou highlights that holding this range could allow SUI to build a higher low and potentially resume upward momentum. If support holds, initial upside targets include $1.18 and $1.30, with the previous swing high at $1.41 serving as a more ambitious objective. Conversely, a drop below $0.99 would invalidate this scenario and signal potential weakness.

LevelPriceSignificanceSupport Zone$1.00–$1.08Key area for buyers to defendUpside Targets$1.18 / $1.30 / $1.41Potential resistance on an uptrendInvalidationBelow $0.99Would nullify the bullish outlookThe analyst’s projection outlines a possible 32% climb if SUI moves from its present price toward $1.41, provided support remains firm. However, broader cryptocurrency market trends, liquidity, and trading demand play a large role in whether the token achieves this outcome.

SUI’s ability to remain above $1.00–$1.08 support is critical for near-term price prospects, with $1.18 and $1.30 as intermediate resistance levels before targeting the $1.41 swing high.

Market outlook and ecosystem contextAlthough recent staking and TVL milestones point to strong activity on Sui, they are not independent indicators of bullish price action for SUI. The technical setup, as outlined by Andreou, requires SUI to maintain its support zone while also navigating external factors.

Should SUI successfully defend its current consolidation range and surpass intermediate resistance at $1.18 and $1.30, a move toward $1.41 would come into focus. A breakdown below $0.99, however, would undermine the current market setup and potentially stall recovery efforts.

The combined effect of Haedal’s milestone and Sui’s overall TVL growth highlights ecosystem momentum, but whether this translates into sustained token demand remains to be seen. Both technical confirmation and broader market sentiment will continue to shape SUI’s near-term direction.

@Circle has deployed its Cross-Chain Transfer Protocol V2 (CCTP V2) on @SuiNetwork, bringing native $USDC routing to the Move-native Layer-1 blockchain. The integration means $USDC can now move between Sui and 29 other supported blockchains without relying on third-party bridges or wrapped token representations.

How It Works CCTP V2 operates on a burn-and-mint model. On Sui specifically,

The new version also introduces several developer-focused capabilities. According to Circle's official press release,

What It Means for Sui DeFi The deployment removes a structural constraint that has limited dollar liquidity on $SUI-based DeFi protocols. By eliminating the need for external bridging tools, developers can access institutional-grade USDC liquidity directly. on Sui without designing around bridge dependencies or fragmented liquidity pools.

This makes Sui a more composable environment for protocols that require complex, multi-step cross-chain logic.

The Sui integration continues a broader rollout of CCTP V2 across the industry.

Sources:
Circle Press Release: CCTP V2 Launch
CoinDesk: Circle Upgrades Cross-Chain Transfer Protocol
Circle Blog: CCTP V2, The Future of Cross-Chain

Sui Network's programmable offchain tunnels peaked at 40,614,180 transactions per second during a live stress test on October 7 at Sui Basecamp in Singapore, more than doubling the 20 million TPS target set for the event and surpassing the roughly 6.1 million TPS recorded in a comparable test in July.

How the Test Was Run The demonstration took place on the Summit Stage at Marina Bay Sands, where Sui Basecamp was held alongside Token2049 Singapore. According to Sui's official blog, the test was led by Adeniyi Abiodun, co-founder and Chief Product Officer at Mysten Labs, and verified in real time by independent auditor CertiK, whose full report is still pending. More than 10,000 tunnels were opened on Sui mainnet during the demonstration, with activity spanning payments, games, and chat applications.

The tunnels are programmable offchain state and payment channels. They process transactions outside the main chain and only settle to Sui mainnet when a channel is closed. Each closed tunnel is mutually cosigned by participants and remains independently verifiable onchain, preserving a cryptographic record without burdening the base layer with every individual operation. The architecture draws a structural comparison to Bitcoin's Lightning Network, which uses a similar open-and-close model for offchain payment channels.

Why AI Agents Are the Target Market Sui has been explicit about the intended use case. The tunnels are optimised for high-frequency communication between AI agents, where the volume and speed of interactions far exceed what human-driven activity would ever require. As Abiodun put it at the event, no human market needs 40 million transactions per second, but autonomous agents transacting continuously in commerce, gaming, and messaging do.

The October result is more than six times the July figure, and Sui frames the progression as a deliberate build toward infrastructure capable of supporting machine-scale commerce. CertiK's audit report, expected in the coming days, will provide independent verification of the execution logs and cryptographic proofs behind the peak number.

Sources:
Sui Foundation: Official blog post on the 40M TPS record
CoinTelegraph: Sui tunnels hit 40.6M TPS in live AI agent test
Crypto Briefing: Sui hits 40 million transactions per second in live Basecamp test

Sui and Alibaba Cloud are teaming up to introduce a new way AI agents could pay for cloud services. Give AI a budget, and it could pay for the cloud services it needs without asking you to approve every purchase.

The approach builds on a model already documented in BeInCrypto’s State of AI Agent Payments 2026 report. Of 19 products and agentic workflows reviewed, 14 could act within limits set by people without needing approval every time.

The two firms revealed the plan at Sui Basecamp, the network’s annual conference in Singapore. Still, neither side has shared a launch date, pricing, or which services come first.

What Changes When an AI Agent Holds the Budget?Under the plan, Alibaba Cloud services will plug into Sui Agent Payments, Sui’s toolkit for AI agent payments. As a result, agents would pay for each request as they use a service.

Imagine this checkout experience: you set a budget, your agent does the rest.

Sui and @alibaba_cloud are collaborating to bring Alibaba Cloud services to Sui Agent Payments, with per-call payments in stables on Sui.

Announced live at Sui Basecamp: https://t.co/z23CpE8MM8

— Sui (@SuiNetwork) October 7, 2026 That model differs from card checkouts, which assume a person confirms every purchase. Instead, software sets the pace of spending within limits a human defines.

However, Sui and Alibaba Cloud have not explained how users brief their agents beyond setting a budget. A spending cap limits how much an agent can pay, but not how it spends.

One Bug, and AI Could Burn All the CashConsider an agent stuck in a loop, sending the same paid request over and over. Each call would settle automatically, so one bug could burn through the entire budget before anyone steps in.

Neither firm has said whether the system adds rate limits or alerts to stop that.

Mysten Labs, the developer behind Sui, built this year’s event around the so-called agentic economy. Its co-founder, Adeniyi Abiodun, summed up the thesis ahead of the conference.

“Economic activity is shifting from people clicking checkout buttons to agents transacting on their behalf, continuously and at machine speed.”

Most Agentic Payment Workflows Work Within Human Set Limits. Source: BeInCrypto ResearchSui and Alibaba Cloud Enter a Crowded Agent Payments RaceThe deal lands as rival chains chase the same niche. In September, Cardano joined the x402 standard, which lets agents pay online services in ADA.

Meanwhile, Wall Street has taken notice. A BlackRock research paper named stablecoins as the leading candidate for machine-native money.

SUI 1-month price chart. Source: BeInCryptoOn the market side, Sui’s native token, SUI, has gained about 43% over the past month, BeInCrypto price data shows.

The bigger test reaches beyond one network. If Sui and Alibaba Cloud push per-call stablecoin payments to real scale, other cloud providers may face pressure to follow.

For now, adoption remains early. BeInCrypto’s State of Agentic Payments research examines how much real volume sits behind the headline numbers.

Sui is drawing increased market attention as Basecamp 2026 approaches, with the SUI token maintaining its position above a key technical support level amid broadening ecosystem interest. The upcoming event in Singapore is anticipated to act as a potential catalyst for renewed activity within the network, though market participants remain cautious, looking for confirmation in price and derivatives data before expecting further momentum.

SUI price holds key levels despite daily declineAt press time, SUI traded at approximately $1.18, reflecting a decrease of about 2.3% over the previous 24 hours. Despite this pullback, the token remains above its short and long-term moving averages, with traders closely watching the $1.20 region.

Technical analysis shows SUI has continued its recovery trend after rebounding from the $0.70 to $0.80 price zone in September. The current consolidation range is between $1.15 and $1.22, with price having recently tested levels slightly above $1.20.

Immediate chart support sits near $1.045, with an additional support zone lower at $0.803. Breaching the former level could increase the risk of a more significant correction.

SUI is firmly positioned above both its 50-day moving average at $0.853 and its 200-day moving average at $0.873, maintaining a constructive technical profile.

Momentum indicators remain positive. The latest Relative Strength Index (RSI) reading stands at 64.13, slightly below its moving average of 68.58, suggesting strong but not overextended buying activity.

Upcoming Basecamp 2026 event boosts ecosystem engagementThe Sui community highlighted Basecamp 2026 as a “big week” for the project, citing increased sponsorship and ecosystem involvement around the Singapore event. Raoul Pal described Sui as actively building robust infrastructure for the evolving agentic economy. Basecamp 2026 is scheduled for October 7–8 at Marina Bay Sands in Singapore, running alongside TOKEN2049. Official programming will address agentic finance topics, including autonomous payments, instant settlement, private transactions, and stable digital currencies.

Sui Basecamp 2026 will focus on agentic finance, covering autonomous payments, instant settlement, private transactions, and stable digital dollars, as the ecosystem attracts more sponsors and community interest in Singapore.

This high-profile event may keep Sui in the spotlight in the weeks ahead, although increased visibility does not guarantee further token appreciation.

Derivatives activity and trading volume surgeDerivatives data from CoinGlass reveals that SUI open interest soared from $450 million to nearly $1 billion during the recent rally. Trading volumes remain robust, with several daily sessions surpassing $1 billion and one spike nearing $3 billion. Liquidations of both long and short positions reflect ongoing volatility in SUI markets.

Elevated open interest combined with sustained volume suggests that traders are positioning for outsized moves, though this also means sharper price swings remain possible.

Given these rapid market shifts and the relevance of monitoring key technical and macro developments, many active traders are turning to streamlined solutions. In a market where a single Fed decision or a sudden altcoin listing can change everything in seconds, jumping between different apps for charts, news, and portfolio tracking is costing investors money. Smart traders are now utilizing privacy-first tools like CryptoAppsy to consolidate everything. Without even the hassle of creating an account, you get real-time charts, smart price alerts, coin-specific news, and critical macro data all on one screen.

Technical outlook and risk levelsSUI continues to trade above major support levels and both key moving averages, signaling that its overall technical framework remains constructive. The RSI of 64.13 highlights ongoing momentum, but headroom still exists before reaching overbought conditions.

Derivatives open interest close to $1 billion underscores growing participation ahead of Basecamp 2026, while increased volatility remains a notable risk for short-term traders.

A move above $1.20 could encourage a challenge of recent highs, whereas a drop under $1.045 might shift focus to the lower support zone around $0.803.

The Sui ecosystem could see heightened attention as the event nears, but analysts caution that market volatility persists and technical confirmation remains critical for bullish setups. Traders are advised to watch for a sustained break above $1.20 to support a positive trend, while protecting against downside moves below $1.045.

Participants are reminded that cryptocurrency markets are volatile and require careful analysis before making decisions.

Sui price has climbed 4.43% to $1.23 as Mysten Labs co-founder Adeniyi Abiodun outlined a strategy centered on global payments, stablecoins and AI-agent transactions, while traders watch $1.27 as the next technical hurdle.

Summary

SUI rose 4.43% to $1.23 today as traders watched $1.27 for potential bullish breakout confirmation. Sui has processed more than $1 trillion in stablecoin transfers since August 2025, foundation says. Google lists Mysten Labs among collaborators behind AP2, its open protocol for AI-driven payments systems. USDsui launched in March through Stripe-owned Bridge, giving Sui a native dollar for payments applications. Analysts see $1.27 as immediate resistance, while a $2 target remains conditional on breakout confirmation. Wu Blockchain published the interview on Oct. 5, with Abiodun arguing that Sui should be viewed as payment infrastructure capable of moving money globally instead of simply another Layer 1 blockchain.

CoinGecko data showed SUI near $1.23 during the session, with a market value close to $5 billion and roughly $878 million in 24-hour trading volume. The token had traded between approximately $1.17 and $1.26 during the day.

Abiodun said Sui’s long-term ambition was to compete with traditional payment infrastructure, going as far as saying its goal over the next several years is to “replace SWIFT.” The statement represents Mysten Labs’ long-term view and does not amount to a forecast that Sui will displace the global bank messaging network.

Sui price is closing in on the $1.27 level On the weekly chart, SUI is trading above the upper Bollinger Band near $1.19, while the 20-week middle band sits around $0.83 and the lower band near $0.46.

Price moving above the upper band shows stronger upside momentum compared with its recent weekly range, though it leaves SUI extended above its 20-week average. The immediate $1.19-$1.25 area remains important because SUI is testing the upper band and recent weekly highs.

Sui price chart, source: TradingView The Relative Strength Index stands at 58.71, above its signal average near 44.19. RSI has recovered above the neutral 50 level but remains below the commonly watched overbought threshold of 70.

Crypto analyst Ali Martinez said on Oct. 2 that SUI had repeatedly formed parallel consolidation channels before breaking higher since Sept. 12. He identified $1.27 as the next level to watch, saying an hourly close above it “could confirm another bullish breakout.”

Price has since moved closer to that threshold without clearly breaking it. CoinGecko showed the token reaching a 24-hour high near $1.26, leaving Martinez’s $1.27 trigger just above the current market.

A second analyst, Celal Kucuker, said a bull flag was approaching resistance. He argued that a break of the pattern during October could bring $2 into view.

$SUI
The bull flag is getting close to a breakout.

If the red resistance line breaks this month, $2 could come quickly.

In a bull market, $10+ looks technically very achievable from here. pic.twitter.com/7TpnoTLCw4

— Celal Kucuker (@CelalKucuker) October 4, 2026 Kucuker’s longer-term call for prices above $10 was explicitly tied to a future bull-market scenario. It remains an analyst projection, not a confirmed target supported by current price action.

For now, $1.27 is the closer test. A sustained move above it would place SUI beyond the level Martinez identified, while a return below roughly $1.19 would move price back inside the weekly Bollinger Band.

Stablecoins are becoming central to Sui’s payment push Abiodun described stablecoins as one of the strongest current uses for blockchain payments because they can operate continuously and settle outside conventional banking hours.

Sui Foundation said in May that the network had processed more than $1 trillion in stablecoin transfer volume since August 2025. The same update introduced gasless transfers for supported stablecoins, allowing qualifying peer-to-peer transactions to execute without users holding SUI for gas.

The feature initially covered assets including USDsui, USDC, SuiUSDe, AUSD, FDUSD, USDB and USDY. Sui’s documentation says eligible transfers can use a zero gas price and budget when they meet the network’s allowlist requirements.

USDsui gives the network its own native dollar asset. Sui Foundation announced its mainnet launch on March 4 through Bridge, the stablecoin infrastructure company owned by Stripe. The token was built for payments, decentralized finance and cross-border transactions.

As previously reported, Sui’s USDsui launch brought a native stablecoin to its payment and DeFi ecosystem after the network processed more than $111 billion in stablecoin transfers during January alone.

Abiodun said USDsui had reached roughly $75 million and named stablecoin liquidity as one metric Mysten Labs will watch when measuring future network adoption.

Recent integrations have extended the payment strategy beyond DeFi. Daya integrated Sui as settlement infrastructure in September, using gasless stablecoin transfers across products serving businesses and developers in Nigeria. The company plans to expand into South Africa, Ghana and Kenya.

RedotPay provides another payment connection, though its official April announcement is narrower than the translated interview suggested. Sui Foundation said RedotPay added support for SUI and native USDC on Sui, giving users access to assets through a payment network that supports Apple Pay and Google Pay. The official release does not identify USDsui as part of that initial integration.

AI agents form the second part of Sui’s strategy Abiodun expects AI agents to become a major source of blockchain transactions as software begins making payments, purchasing services and moving funds without a person manually initiating every transfer.

His view has some support from Sui’s work with Google. Google announced the Agent Payments Protocol, or AP2, in September 2025 and listed Mysten Labs among more than 60 payments and technology organizations helping develop the open standard.

AP2 is designed to let AI agents initiate payments under verifiable user authorization across different payment systems. Google’s list includes companies such as Mastercard, PayPal, Coinbase, Revolut and Worldpay alongside Mysten Labs.

Sui joined Google’s AP2 effort around programmable payments for AI agents, placing the blockchain among projects testing how autonomous software could interact with digital money.

Sui’s current AI infrastructure combines several products. Walrus handles decentralized storage, Seal manages programmable access controls and Nautilus supports verifiable computing, while Sui coordinates transactions and policies on-chain.

Abiodun argued that such tools could help AI systems prove where information came from and whether it was changed before an agent makes a decision or payment.

Sui tested that type of automated activity in July through programmable tunnels. The foundation reported a peak of 6,086,766 transactions per second during a public experiment involving AI agents, games, payments and chat. The result came from off-chain programmable channels that settle back to Sui mainnet, not normal base-layer transaction throughput.

Sui still faces a gap between payments growth and DeFi TVL Abiodun acknowledged the decline in Sui’s total value locked during the interview while arguing that stablecoin use, institutional integrations and network activity deserve attention alongside TVL.

Current DefiLlama data place Sui DeFi TVL near $550 million, with stablecoin market capitalization close to $482 million. The tracker recorded roughly 25.3 million network transactions over the latest 24-hour period.

The interview referenced a previous TVL level of approximately $4 billion before a decline toward $1 billion. The $4 billion figure could not be matched to the current DefiLlama dataset reviewed for this report, so it remains attributed to the interview.

Governance remains another part of Sui’s recent history. After the $223 million Cetus exploit in May 2025, validators coordinated around frozen attacker funds and later voted on a protocol upgrade to recover them.

Sui Foundation reported that validators representing 90.9% of stake supported the recovery proposal, with the foundation’s stake excluded from the vote. Approved funds were moved to a multisignature wallet for return under Cetus’ recovery plan.

Abiodun said Mysten Labs and the Sui Foundation cannot independently order validators to freeze addresses, describing such actions as decisions that require validator coordination.

Price traders are now watching a much shorter-term question. SUI is sitting near $1.23 after its latest gain, while the weekly RSI remains below overbought territory and $1.27 stands just above the current trading range.

Martinez’s setup requires an hourly close above $1.27 before his proposed breakout is confirmed. Kucuker’s $2 scenario requires a separate bull-flag resistance break during October, while his $10-plus forecast depends on the much less certain condition of a future bull market.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

OpenAssets and Sui set to collaborate on developing OTAS, an open, agnostic standard hosted by LF Decentralized Trust that defines how tokenized asset systems can seamlessly connect to the Sui ecosystem.

, /PRNewswire/ -- OpenAssets, a leading digital asset infrastructure provider, today announced a collaboration with Sui to advance the development of the Open Tokenized Asset Standard (OTAS) within Linux Foundation Decentralized Trust.

OpenAssets and Sui Advance Institutional Tokenization Standards Under Linux Foundation Decentralized Trust Institutions are increasingly issuing tokenized versions of securities, funds, commodities, and other assets, with projections putting the tokenized asset market at $30 trillion by 2034, according to Standard Chartered. Those assets often remain locked inside separate, incompatible systems, and connecting them has historically required time-consuming, expensive custom integration work for every chain involved.

OTAS is designed as a neutral, auditable foundation for identity, compliance, asset representation, and reporting, one institution can build on rather than adopt wholesale. The collaboration focuses on making tokenized financial assets interoperable, meaning they can be moved and verified across different networks without the need for expensive, custom-built software for every single chain. With OTAS available on Sui, assets issued in the Sui ecosystem follow the same open rules as assets on other networks, so their history and status can be trusted wherever they move.

OTAS is an open standards lab hosted at Linux Foundation Decentralized Trust (LFDT), initiated by OpenAssets and sponsored by Sui Foundation, which joined LFDT in September 2026. The lab was formally added to LFDT in Spring 2026, and includes open source smart contract reference implementations for tokenized financial instruments.

Neutral, shared standards have repeatedly helped emerging technology markets scale. The Linux Foundation has spent more than two decades helping build trusted, vendor-neutral governance for technologies including Linux, Kubernetes, and PyTorch. OpenAssets, a Premier Member of LF Decentralized Trust, proposed OTAS to bring that same model of open governance to tokenized capital markets.

"Extending OTAS to Sui makes compliance and ownership history portable, giving institutions a consistent, trusted view of an asset across networks," said Gabor Gurbacs, Chairman and CEO of OpenAssets. "We welcome Sui's contribution to OTAS and the broader effort to build open, interoperable standards for tokenized assets."

"Financial markets have always depended on trusted standards," said Daniela Barbosa, General Manager, Decentralized Technologies, Linux Foundation, and Executive Director, LF Decentralized Trust. "OTAS applies that principle to tokenized assets by creating an open framework that the broader industry can shape together. Sui and OpenAssets are key collaborators helping shape the neutral governance of this LFDT lab as a model for the next generation of digital capital markets."

"The process of issuing tokenized assets is only the first step into a much broader ecosystem. For digital capital markets to grow efficiently, institutions and financial platforms need a common framework for identity, ownership, compliance, and settlement across different systems," said Adeniyi Abiodun, Co-Founder and Chief Product Officer at Mysten Labs, the original contributor to Sui. "OTAS provides that shared language without forcing institutions onto a single blockchain or technology stack. Open standards like this can connect what are today fragmented markets and help unlock the scale and breadth of opportunity that tokenized finance has long promised."

About the OTAS Standard

OTAS (Open Tokenized Asset Standard) is a Linux Foundation Decentralized Trust lab providing open source smart contract reference implementations for tokenized financial instruments. OpenAssets is a founding member of OTAS and proposed the lab, with Sui Foundation as an initial sponsor; OTAS formally launched as an LFDT lab in April 2026. OpenAssets joined LF Decentralized Trust as a Premier Member in January 2026, and Gabor Gurbacs holds a seat on the LF Decentralized Trust Governing Board.

The standard is also designed with an eye toward automated finance. As AI agents take on more tasks such as collateral management, trade execution, and settlement, they require machine-readable, consistent rules for evaluating asset ownership and compliance status. OTAS is built to provide that shared layer, so automated systems can interact with tokenized assets across platforms without custom integration work for every new asset type.

The Open Tokenized Asset Standard is actively being developed today as an open source Linux Foundation Decentralized Trust lab. Financial institutions, infrastructure providers, developers, and other market participants are invited to contribute to its ongoing development. Learn more at openassets.to and sui.io.

About OpenAssets

OpenAssets builds infrastructure for digital financial systems. Through shared standards and purpose-built technology for real-world asset tokenization and sovereign digital currency, the company works with institutions, governments, and technology companies to modernize capital markets infrastructure. OpenAssets is developing and contributing the open standards for tokenization in collaboration with the Linux Foundation Decentralized Trust. Learn more at openassets.to.

About Sui

Sui, where money moves as freely as messages, is a next-generation Layer 1 blockchain built for onchain finance and agentic infrastructure. Founded by the core team behind Meta's stablecoin initiative and powered by an object-centric model, Sui makes assets, permissions, and user data programmable and ownable. Sui's primitives offer builders everything they need to create high-performance payments and financial applications, including instant agentic payments. Learn more at sui.io.

Media Contact

Chris Sullivan

Craft & Capital

[email protected]

SOURCE OpenAssets

Key Highlights SUI is currently trading around $1.15, maintaining position above the critical $1.00 support zone that previously acted as a resistance barrier. The Sui Network announced a strategic partnership with ONE Championship, serving as Platinum Sponsor for Basecamp 2026 in Singapore. Open interest in SUI derivatives has surged beyond $1 billion, marking one of the most robust metrics seen in recent months. Trading volume in derivatives markets is approaching $3 billion, significantly exceeding August activity levels. Technical analyst Ali Charts identifies an emerging golden cross formation, projecting a potential price target around $4. The SUI token is currently valued at $1.15, experiencing a modest 0.93% decline over the last 24 hours. The cryptocurrency maintains its position above the psychologically important $1.00 threshold that market participants have been monitoring intently.

Sui Price This $1.00 price level has undergone a significant transformation, shifting from a resistance barrier to a support foundation. Market bulls drove prices to peak between $1.25 and $1.30 before encountering selling pressure from traders taking profits.

Beyond price action, Sui captured attention with strategic developments. The blockchain platform revealed that ONE Championship will serve as a Platinum Sponsor for Sui Basecamp 2026, scheduled to occur in Singapore.

Where will the next billion Sui users come from?

Our bet is a billion people watching a fight, one app away from their first Sui transaction.@ONEChampionship and @officialSUIG join us as Platinum sponsors, with @SlushWallet joining as a Gold sponsor at Sui Basecamp.

— Sui (@SuiNetwork) September 29, 2026

The Sui Network’s official social media presence on X announced this collaboration. The announcement emphasized that “the next billion Sui users” might emerge from sports enthusiasts who are merely one application away from experiencing their initial blockchain interaction.

This strategic alliance provides Sui with another compelling real-world use case narrative. The partnership positions the blockchain platform before a substantial sports audience in advance of TOKEN2049 Singapore.

Derivatives Metrics Show Strong Growth According to CoinGlass analytics, open interest has climbed beyond the $1 billion threshold. This represents one of the most impressive figures documented in the past several months.

When open interest increases concurrently with price appreciation, it typically indicates fresh capital flowing into the market. This metric also suggests heightened activity from derivatives traders establishing positions in SUI.

Trading activity has expanded substantially as well. Derivatives trading volume is approaching $3 billion, a figure considerably higher than the levels observed throughout most of August.

During the upward price movement, short liquidations occurred frequently. This phenomenon emerges when traders who wagered on declining prices are compelled to exit their positions as the token’s value rises.

Some long liquidations materialized subsequently. This pattern indicates that certain market participants secured profits after SUI reached the $1.30 vicinity.

Expert Perspectives On Sui’s Future Raoul Pal, who co-founded Real Vision and serves as a board member for the Sui Foundation, shared his thoughts about Sui during an appearance on the Milk Road podcast. He forecasted that the smart contract sector will eventually consolidate to a small group of dominant players, with Sui among them.

Pal drew parallels between blockchain platforms and cloud computing services or programming languages, noting that typically three to five market leaders capture the majority of market share. He acknowledged Ethereum’s current dominance, controlling approximately 70% of stablecoin circulation and over 70% of decentralized finance operations.

He highlighted three technical capabilities he considers competitive advantages for Sui: programmable transaction blocks enabling up to 1,024 operations within a single transaction, zero-cost stablecoin transfers, and built-in privacy features along with quantum-resistance preparation.

SUI: GOLDEN CROSS. TARGET $4.$SUI is on the verge of printing a new golden cross, with the 50-day SMA beginning to cross above the 200-day SMA.

This is typically viewed as a major bullish trend signal and could mark the beginning of a longer-term bull market.

The last two… pic.twitter.com/heg6LwERoN

— Ali Charts (@alicharts) September 29, 2026

Technical analyst Ali Charts also provided insights on the chart patterns forming. Ali Charts shared that SUI is approaching a golden cross formation, which occurs when the 50-day moving average rises above the 200-day moving average, and observed that the previous two golden crosses in December 2023 and October 2024 preceded rallies of approximately 240% and 222% respectively, suggesting that a comparable move could propel SUI toward the $4 level.

Pal mentioned that Sui presently attracts between 150,000 and 250,000 daily active participants. He emphasized that achieving 1 million users would represent a more significant milestone for Sui compared to Solana, which already commands a substantially larger user community.

Currently, market participants continue focusing on the $1.00 support level as the critical floor, while $1.30 represents the immediate resistance zone above present price levels.

PANews reported on September 27 that, according to Token Unlocks data, tokens such as 2Z, SUI and ENA will see major unlocks next week, including:

DoubleZero (2Z) will unlock about 1.66 billion tokens at 9:00 pm Beijing time on October 2, representing about 47.69% of the circulating supply and worth about $114 million;

Sui (SUI) will unlock about 13.26 million tokens at 8:00 am Beijing time on October 1, representing about 0.32% of the circulating supply and worth about $16.7 million;

Ethena (ENA) will unlock about 40.63 million tokens at 3:00 pm Beijing time on October 2, representing about 0.45% of the circulating supply and worth about $11 million;

Kamino (KMNO) will unlock about 229 million tokens at 8:00 pm Beijing time on September 30, representing about 2.81% of the circulating supply and worth about $10.8 million;

Collector Crypt (CARDS) will unlock about 59.26 million tokens at 3:00 am Beijing time on September 30, representing about 10.62% of the circulating supply and worth about $10.7 million;

EigenCloud (EIGEN) will unlock about 36.82 million tokens at 12:00 pm Beijing time on October 1, representing about 5.19% of the circulating supply and worth about $10.3 million;

Falcon Finance (FF) will unlock about 77.14 million tokens at 9:00 pm Beijing time on September 29, representing about 2.51% of the circulating supply and worth about $10.2 million.

From Infrastructure to Interface@DeepBookonSui Protocol has officially launched its consumer-facing application in alpha on @SuiNetwork mainnet, marking a significant shift for a protocol that has until now operated largely as background infrastructure. The alpha app brings that plumbing to the surface for the first time.

The protocol's on-chain order book has now facilitated over $20B in cumulative trading volume, providing the liquidity backbone on which the new app is built.

, reflecting strong demand ahead of the public rollout. The app is organized around two core modules: Spot and Predict, each targeting distinct types of active traders.

Predict: Bitcoin Range Trading With Sub-Minute ExpiriesThe headline feature is the Predict module. Rather than forcing traders into binary outcomes, the module uses a peer-to-pool options primitive that lets users trade price ranges on $BTC directly.

That prior testing period helped shape the product before its mainnet debut.

The speed required to support such short-dated instruments is underpinned by Sui's architecture.

Sources:
Crypto Briefing: SUI enables one-minute prediction markets with DeepBook App launch
Sui.io: Instant Finality for Institutional Finance
Sui Documentation: DeepBook

Sui just flipped the switch on GraphQL subscriptions for its Mainnet, giving developers a way to stream real-time blockchain data, including checkpoints, transaction blocks, and events, through a single unified interface.

The feature uses WebSocket connections through the endpoint wss://sui-mainnet.mystenlabs.com/graphql, and comes with built-in capabilities like query-aligned filtering, automatic reconnection, and the ability to backfill from a past cursor before seamlessly transitioning to a live feed.

From JSON-RPC to GraphQL: the full migration This launch is the final chapter in a migration away from JSON-RPC. Sui’s GraphQL RPC entered beta in 2025, became generally available in early 2026, and the legacy JSON-RPC system was fully phased out on Foundation nodes in late July 2026.

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Subscriptions take this a step further. Instead of polling the network repeatedly, apps open a persistent WebSocket connection and receive updates the moment they happen.

How it works in practice The subscription system supports three core data types: checkpoints, transaction blocks, and events. Each can be filtered using GraphQL’s native query language, which means developers don’t have to pull down everything and sort through it client-side.

One of the more practical features is cursor-based backfilling. If an application disconnects, it can reconnect and resume from the exact point where it left off. The system delivers missed data in order before switching back to the live stream.

This approach also eliminates the need for developers to juggle multiple interfaces. Previously, accessing historical data and receiving live updates often required different tools, sometimes different protocols entirely. With GraphQL subscriptions, both flows use the same query language and the same endpoint.

The feature complements Sui’s existing gRPC streaming option, which is better suited for high-throughput, low-level integrations. GraphQL subscriptions offer a more flexible, human-readable interface that’s easier to integrate into web and mobile applications.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Sui’s native token, SUI, has drawn significant attention from market analysts as its price prediction scenario points to a potential move toward $2.10. The latest outlook follows a technical analysis shared by LAR7Crypto, who outlined a trade setup based on entry points of $0.727 and $0.60. These levels represent areas where the analyst opened positions, anticipating that SUI could climb as market conditions evolve.

Analyst outlines SUI roadmapLAR7Crypto identified $0.727 as the initial buying level for spot exposure to SUI, and placed a secondary limit order at $0.60 to account for liquidity potentially dropping below the current price. In the analyst’s scenario, the optimal target stands at $2.10. This outlook translates to a 189% increase from the $0.727 entry and a 250% gain from $0.60, should the token reach the forecasted level.

The difference between the projected gains highlights how market entries can influence overall returns. While the $0.727 level reflects an aggressive bidding zone, the $0.60 entry aims to capture further downside liquidity. However, the price target presented by LAR7Crypto is based on personal market analysis, with no certainty that SUI will reach the $2.10 milestone.

Market participants should note that SUI’s ability to hit these targets remains subject to several variables, including trading volume, ecosystem developments, and broader sentiment across digital assets.

Investors continue to monitor the token’s technical patterns, liquidity, and on-chain activity for further direction. As with any forecast relying on technical setups, approaches like contracting triangles or resistance breakouts should be balanced with ongoing updates in network adoption.

Daya integration expands SUI’s real-world utilitySui has made headway in the payment sector through a new collaboration with African fintech platform Daya. The partnership positions Sui as settlement infrastructure for Daya, allowing stablecoin transfers and treasury rebalancing for businesses conducting cross-border transactions.

Daya is currently operational in Nigeria and is preparing expansion into South Africa, Ghana, and Kenya, with a focus on developing new local-currency payment rails. This move signals a shift from Sui relying solely on trading and decentralized finance, as it now supports stablecoin transactions that do not require users to hold SUI for transaction fees.

For businesses using Daya, Sui’s gasless stablecoin transfers simplify cross-border payments, eliminating the need for companies to worry about holding tokens simply to cover fees.

This utility is particularly relevant for businesses managing high transaction volumes, as it streamlines settlement and could increase overall network usage. The integration also stands out because it reduces complexity for users, potentially encouraging broader adoption as Daya enters new markets in Africa.

As the Sui ecosystem advances toward fast, low-cost settlements, its gas-free protocol continues to attract partners seeking efficient payment solutions. In a market where a single Fed decision or a sudden altcoin listing can change everything in seconds, jumping between different apps for charts, news, and portfolio tracking is costing investors money. Smart traders are now utilizing privacy-first tools like CryptoAppsy to consolidate everything. Without even the hassle of creating an account, you get real-time charts, smart price alerts, coin-specific news, and critical macro data all on one screen.

Adoption brings new dimension to price forecastWhile the Daya integration supports the fundamental case for Sui, analysts caution against drawing direct conclusions with regard to price targets. The real-world utility boost does not automatically equate to higher demand for the SUI token itself, as stablecoin payments can take place without users holding the token for network fees.

Nonetheless, the network’s growing role in African payments provides a new metric for monitoring adoption as Daya expands its geographical reach. Sui-based settlement systems could become more attractive to regional businesses, contributing to increased transaction volume and liquidity on the network.

Technical targets, including the $2.10 projection, remain closely tied to the broader cryptocurrency market, trading activity, and updates within the Sui ecosystem. Analyst-recommended entry zones at $0.60 and $0.727 provide possible starting points for those following the token’s price action, but reaching the $2.10 level will ultimately depend on multiple factors, from liquidity to regulatory developments and investor sentiment.

Investors are advised to weigh both technical analysis and fundamental catalysts when evaluating SUI, as market volatility and adoption trends continue to drive price action across crypto assets.

One Audit, One MomentThe @SuiNetwork Foundation is pushing back against the idea that a smart contract audit alone is sufficient protection. In a post published on September 17, the Foundation argued that an audit covers only one version of a codebase at one point in time, making continuous monitoring essential as code evolves and administrative permissions expand.

According to the Foundation's own blog post, past incidents on the Sui network illustrate the problem clearly. The lesson, as the Foundation frames it, is that security must account for dependencies and administrative authority, not just the logic written at launch.

The Foundation also pointed to a broader industry pattern. Someone, it argues, needs to map the connections between applications, identify where exposure is growing, and coordinate a response when shared infrastructure fails.

What Sui Is BuildingTo address this, the Foundation outlined a set of planned tools and infrastructure. The goal is to let teams verify that published source code matches what is actually running onchain, monitor changes in code and behaviour over time, and trace which applications depend on shared packages so that a vulnerability in one library can be assessed across the whole ecosystem. The tools are also intended to direct attention toward the contracts where value is most concentrated, on the basis that security resources should follow risk.

The Foundation has already taken steps in this direction. Following a series of DeFi incidents in summer 2025, it created a $10 million fund for ecosystem security, covering subsidised audits, formal verification, expanded bug bounties, and shared monitoring tooling. The new infrastructure push is described as the next phase of that effort.

the Foundation wrote, adding that security should begin before an application launches, continue as it changes, and follow where value is most exposed. An audit, it concluded, still matters. It just cannot carry the whole load.

Sources:
Sui Foundation: Security Should Follow Value
Sui Security Overview

@SuiNetwork has passed a significant on-chain milestone, with the SuiVision explorer recording 16.17 billion lifetime transactions spread across 229.98 million accounts. The network marked the occasion with a vivid comparison: 16 billion seconds is roughly equivalent to 520 years of elapsed time.

Network Metrics at the Milestone The same SuiVision dashboard shows a peak throughput of 1,318 transactions per second at the time of the announcement, with 126 validators participating in consensus and 6.98 billion $SUI staked natively to secure the network. Those figures reflect live mainnet conditions rather than controlled stress-test environments, making them a meaningful measure of real-world demand.

Sui's architecture is built around parallel transaction execution and an object-centric data model, which allows the network to process independent transactions simultaneously rather than sequentially. The Mysticeti consensus upgrade, shipped in 2024, cut consensus latency by roughly 80%, delivering finality near 390 milliseconds even at very high throughput. That infrastructure underpins the throughput figures showing up on the explorer today.

Broader Context for the Numbers The 16 billion transaction count lands against a backdrop of rapid ecosystem expansion. Cumulative active addresses on Sui have passed 228 million, and DeFi total value locked peaked at $2.6 billion. More recently, TVL on Sui has nearly tripled, surging past the $5 billion threshold , driven in part by institutional capital flowing into tokenized real-world assets on the chain.

On the institutional side, Sui completed three years since its May 2023 mainnet launch, and CME Group listed SUI futures contracts, making Sui only the fourth Layer-1 blockchain to enter CME's regulated derivatives market, after Bitcoin, Ethereum, and Solana.

The 16 billion milestone is one data point in what has been a consistent upward trend for the network. Whether the pace of adoption holds at current levels will depend on developer activity, broader market conditions, and how the protocol continues to evolve heading into its Basecamp event in October 2026.

Sources:
MEXC: Sui Network Turns Three, CME Futures and Staking ETFs
BitMEX: What Is SUI? Tokenomics and Use Cases (2026)
KuCoin: Sui Roadmap 2026, Building a Unified Value Network

@XStableAI, a portfolio company of YZi Labs, has announced a partnership with @SuiNetwork to bring precious metals trading, including gold, silver, and platinum, as well as foreign exchange markets, onto the Sui blockchain.

On-Chain Settlement for Traditional Markets The integration is designed to replace the fragmented, multi-day settlement cycles typical of legacy financial markets with on-chain, programmable transaction rails. By moving these asset classes onto Sui's ledger, XStable aims to eliminate the opacity that has long characterized centralized precious metals and forex infrastructure, offering transparent, verifiable settlement in place of incumbent clearing processes.

According to XStable, the platform currently processes more than $100 million in daily trading volume and uses AI-native infrastructure for opportunity discovery, risk management, and trade execution.

Built for Autonomous AI Agents A central focus of the partnership is enabling autonomous AI agents to operate in markets that do not observe traditional banking hours. By leveraging Sui's high-performance architecture, XStable aims to provide those agents with 24/7 liquidity access and instant settlement, allowing them to execute complex trades around the clock without dependence on conventional financial intermediaries.

The move fits squarely within the broader investment thesis of YZi Labs, the venture arm formerly known as Binance Labs. The firm backs founders working across AI, blockchain, and frontier technology, with a particular focus on rebuilding financial market structure on-chain and positioning AI as a first-class participant within it.

Sui's architecture has increasingly attracted institutional and infrastructure-grade projects. The network has previously partnered with Franklin Templeton Digital Assets and has been named a launch partner for Google's Agentic Payments Protocol, which allows AI agents to execute stablecoin transactions on behalf of users.

For XStable, the Sui integration represents a step toward a unified on-chain venue for assets that have historically traded in siloed, centralized systems, bringing gold, silver, platinum, and currency pairs under the same programmable settlement layer.

Sources:
XStable official platform
CoinDesk: YZi Labs investment thesis
YZi Labs Blog

How Mysticeti Rewrote the RulesMost legacy blockchain consensus designs require each proposed block to collect signatures from a quorum of validators before it is considered valid. That certification round adds meaningful overhead: under the older Narwhal-Bullshark setup that @SuiNetwork previously ran, a commit could take as many as three round trips before it was finalised.

Mysticeti removes that bottleneck. According to the Sui Foundation, the protocol takes a different approach: validators simply sign and share their blocks directly, without waiting for a formal certification step. A novel commit rule then decides when each block is ready, meaning every block can be committed as soon as the rule is satisfied, with no added delay. The result is a consensus commit time of roughly half a second, with single-owner transactions settling even faster at around 250 milliseconds.

The academic paper behind Mysticeti, published on arXiv, confirms the headline numbers: Mysticeti-C is described as the first Byzantine consensus protocol to achieve wide-area network latency of 0.5 seconds for consensus commit while simultaneously maintaining throughput exceeding 200,000 transactions per second. Integrating it into Sui produced compared to what came before.

Parallel Proposals and the Mysticeti v2 Extension That is a deliberate departure from older designs, where validators effectively took turns, and each slot was limited to a single block per validator.

Dropping the certification round creates a side effect: without the one-block-per-validator-per-slot constraint that the old signing round enforced, a validator can now propose more than one block. The commit rules carry the responsibility for handling that. @SuiNetwork addressed this further with Mysticeti v2, which builds on top of the original rather than replacing it. Mysticeti v2 also folds a fast path into the DAG structure itself, allowing eligible transactions to settle at even lower latency.

That improvement, combined with a reported , makes the architecture a meaningful step forward for validators and application developers building on the network.

Sources:
Sui Foundation: Mysticeti Set to Supercharge Consensus on Sui
arXiv: Mysticeti: Reaching the Limits of Latency with Uncertified DAGs
Sui Foundation: Mysticeti v2: Faster and Lighter Sui Transaction Processing

According to official announcements, Solana ecosystem trading aggregator Jupiter has launched its cross-chain deposit feature, Universal Deposit. Users no longer need bridging tools to send tokens from any supported chain to Jupiter, and will receive USDC directly in their Solana wallets. The feature automatically integrates routing, cross-chain bridging, and swap workflows, eliminating the need for users to switch networks or execute additional transactions. Currently, Universal Deposit supports asset deposits from networks including Ethereum, Base, Arbitrum, and Sui, with users able to complete operations using their existing wallets. The service applies a unified fixed rate, charging $0.30 per transaction regardless of the transfer amount—whether it is $100 or $10 million. Jupiter noted that the feature is designed to deliver a more convenient cross-chain asset transfer experience.

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Ansem: Robinhood’s Stock Price Bottoming Out and Consolidating, Expected to Hit New High in Q4

Crypto KOL Ansem wrote in a post that traditional finance (TradFi) firms consistently lag behind when integrating new crypto operations, as their suited executives often take too long to access relevant data. He believes Robinhood (HOOD) is a strong investment pick, noting its stock has been consolidating from the bottom, while the company is adding a key new revenue stream through its Layer 2 blockchain business. Robinhood’s stock is projected to hit a new all-time high in the fourth quarter, rising 50% from its current level.

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Grand Cayman, Cayman Islands, August 25th, 2026, FinanceWire

The integration will bring established, regulated market infrastructure to Sui that unlocks support for institutions and issuers, while also opening access for tZERO to the chain’s deep pool of builders and developers

tZERO Group, Inc., a leader in blockchain-based financial infrastructure, today announced a strategic partnership to integrate directly with the Sui blockchain, unlocking support for issuance, transfer agency, custody, trading, compliance and settlement for regulated digital assets security trading. The integration will expand Sui’s access to institutionally compliant U.S. market infrastructure aimed at building for tokenized markets, and will bring Sui’s deep pool of builders and developers into the tZERO ecosystem.

The announcement brings full integration into tZERO’s U.S.-regulated trading, custody, and issuance framework for the Sui blockchain, providing direct support for institutional-grade tokenization projects and initiatives for projects currently building on the network.

Mustafa Al Niama, Head of Capital Markets at Mysten Labs and former Americas Head of Digital Assets at Goldman Sachs, commented: “Institutional adoption of tokenized assets depends on infrastructure that bridges blockchain innovation with regulatory frameworks. tZERO’s expansion to Sui gives issuers and developers access to regulated issuance, custody, and trading capabilities designed to support that transition, while also taking advantage of Sui’s unique architecture that is built to support institutional workflows.”

Through the integration, tZERO will gain access to a vast pool of developers, builders, and DeFi projects currently being built on Sui, leveraging the extensive knowledge these teams have in building for the network’s unique object-focused architecture. These builders have years of experience creating projects that take advantage of Sui’s highly performant network with near-instant finality, positioning them well to build on infrastructure designed to service institutional needs.

“Sui’s object-centric architecture offers a unique approach to regulated digital assets by making assets and their permissions programmable,” said Alan Konevsky, Chairman and Chief Executive Officer of tZERO. “Combined with Sui’s performance, that design creates a strong foundation for the development of next generation regulated financial applications onchain.“

tZERO brings more than 12 years of operational experience in U.S. market compliance and infrastructure development, and is recognized by the SEC with multiple registrations. tZERO is also an active member of FINRA, and has years of experience bridging crypto-native projects into regulated U.S. market applications.

The partnership signals strong continued momentum towards the development of shared blockchain based infrastructure, goals shared by both tZERO and Sui, and directly expands access to support for digital asset securities issued onchain.

For more information about Sui, please visit: https://www.sui.io/. 

For more information about tZERO, please visit: https://www.tzero.com/.

About Sui

Sui, where money moves as freely as messages, is a next-generation Layer 1 blockchain built for scalable finance and global payments. Founded by the core team behind Meta’s stablecoin initiative and powered by an object-centric model, Sui makes assets, permissions, and user data programmable and ownable. Sui’s primitives offer builders everything they need to create high-performance payments and financial applications, including instant agentic payments. Learn more at sui.io. 

About tZERO Group, Inc.

tZERO Group, Inc. (tZERO) and its broker-dealer subsidiaries provide an innovative liquidity platform for private companies and assets. We offer institutional-grade solutions for issuers looking to digitize their capital table through blockchain technology, and make such equity available for trading on an alternative trading system. tZERO, through its broker-dealer subsidiaries, democratizes access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors. All technology services are offered through tZERO Technologies, LLC. For more information, please visit our website.

About tZERO Digital Asset Securities, LLC

tZERO Digital Asset Securities, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC. It is the broker-dealer custodian of all digital asset securities offered on tZERO’s online brokerage platform. Digital asset securities may not be “securities” as defined under the Securities Investor Protection Act (SIPA)-and in particular, digital asset securities that are “investment contracts” under the Howey test but are not registered with the Securities and Exchange Commission are excluded from SIPA’s definition of “securities”-and thus the protections afforded to securities customers under SIPA may not apply. More information about tZERO Digital Asset Securities may be found on FINRA’s BrokerCheck.

About tZERO Securities, LLC

tZERO Securities, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC. It is the operator of the tZERO Securities ATS. More information about tZERO Securities may be found on FINRA’s BrokerCheck.

About tZERO Transfer Services, LLC

tZERO Transfer Services, LLC is a transfer agent registered with the SEC. More information about tZERO Transfer Services may be found on the SEC’s Edgar: https://www.sec.gov/search-filings.

Forward-Looking Statements by tZERO

This release contains forward-looking statements. In addition, from time to time, tZERO, its subsidiaries, or its representatives may make forward-looking statements orally or in writing. These forward-looking statements are based on expectations and projections about future events, which is derived from currently available information. Such forward-looking statements relate to future events or future performance, including financial performance and projections; growth in revenue and earnings; and business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including, without limitation: the ability of tZERO and its subsidiaries to change the direction; tZERO’s ability to keep pace with new technology and changing market needs; performance of individual transactions; regulatory developments and matters; and competition. These and other factors may cause actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or their respective representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions. tZERO, its subsidiaries, and its representatives are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or its representatives might not occur. This press release is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any security.

KuCoin’s Web3 wallet now supports Sui mainnet assets, giving users the ability to manage tokens on the Move-based layer-1 blockchain directly from the platform’s self-custodial interface.

For Sui, the partnership deepens its relationship with one of the crypto industry’s larger exchange ecosystems. KuCoin first listed SUI for spot trading back in May 2023 and enabled USDC deposits on the Sui network in October 2024. Adding full wallet support is the logical next step, one that moves beyond simple trading pairs into the kind of native asset management that DeFi-oriented users actually want.

What the integration actually does With Sui support live, KuCoin Web3 Wallet users can hold, send, receive, and interact with tokens built on the Sui network without leaving the wallet interface. That includes access to decentralized applications and cross-chain swaps, features the wallet already offers for its other supported networks.

Sui itself is a layer-1 blockchain built on the Move programming language, originally developed at Meta for the now-defunct Diem project. Its architecture uses an object-centric data model rather than the account-based model found in Ethereum. In practical terms, this means the network handles certain types of transactions, particularly those that don’t involve shared state, with notably high throughput.

The blockchain has positioned itself around the idea that “money moves as freely as messages,” a tagline aimed at the scalable finance and global payments use case.

KuCoin’s multi-chain playbook This Sui integration doesn’t exist in a vacuum. KuCoin’s Web3 wallet has been on something of a chain-collecting spree throughout 2025 and into 2026, adding support for networks including Robinhood Chain, 0G, Monad, and HyperEVM.

What this means for the Sui ecosystem That said, wallet integrations alone don’t move markets. There were no immediate signs of price fluctuations or notable trading volume changes in SUI following the announcement.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

DEX Activity Surges Across the Sui EcosystemDecentralized exchanges on @SuiNetwork have recorded a sharp spike in activity, with weekly trading volume reaching $540.77 million, a 258% increase week over week. Perpetuals trading added further weight to the numbers,

The jump is notable given where $SUI has been trading in recent months. The token had drifted as low as $0.66 in June before recovering. At the time of writing, the native token is near $0.78, with chain DeFi TVL sitting at approximately $465 million.

Broader Market Rally Provides a TailwindThe surge in on-chain volume does not exist in isolation. That broader lift has pulled capital and trading activity back toward layer-1 networks including Sui.

That level of fee growth points to genuine user activity rather than bot-driven volume inflation.

Sui has been building its DeFi stack steadily. Those institutional-grade additions give the ecosystem a broader base from which to absorb increased trading demand.

Still, context matters. Whether the volume spike on Sui proves durable or fades once broader risk appetite cools remains to be seen.

Sources:
Sui Chain Data, DefiLlama
AMBCrypto: How High Can Sui Rally After 250% Activity Surge?
Cryptonomist: Sui Crypto Analysis, August 2026