SUI reported a headline 40.6 million transactions per second (TPS) on October 7 via off-chain Sui Tunnels, but this did not translate into a price rally. The TPS figure reflects off-chain activity settling to mainnet, not base-layer transactions, limiting its impact on token demand. Additionally, claims of Google Cloud support for SUI are unsubstantiated, as Google Cloud currently supports Ethereum and plans to discontinue its blockchain services by 2026. Technically, SUI's price remains above key moving averages indicating a constructive trend, but bearish momentum signals and resistance at $1.1613 create uncertainty. The token's gasless stablecoin transfer upgrade may also reduce direct demand for SUI as a fee asset. Overall, the throughput headline has not yet driven buying pressure, leaving SUI in a narrow range with key support at $1.0920 and resistance at $1.1613 to watch for future direction.
SUI trades at Rp19,691 on Pluang as of Oct 08, 2026 20:33 WIB, with a 1-day decline of 1.69%. Despite the reported 40.6 million TPS, the token's market cap stands at Rp81.75 trillion and shows steady interest with 67% of Pluang orders buying and a typical hold time of 38 days. This data highlights that high off-chain throughput has not yet translated into strong price momentum or buying pressure on the platform.
The SUI cryptocurrency token fell sharply by 3.53% within one hour, dropping from $1.10 to $1.06 as of 11:18 a.m. ET on October 8. This decline extended its 24-hour loss to 4.76%. During the same hour, long liquidations on major exchanges Binance, By...
Sui (SUI) announced a new AI arbitration platform with Mysten Labs and Google Cloud to track AI actions and link payments, aiming first at enterprise use. Despite a successful off-chain channel test exceeding 40 million interactions per second, SUI t...
Sui Network achieved a new milestone by reaching 40.6 million transactions per second (TPS) during a live stress test, surpassing its 20 million target and previous 6 million record. The test involved AI agents transacting off-chain in tunnels before...
Samsung Wallet now supports USDC stablecoin on 82 million Galaxy devices in the US, enabled by blockchain partner Sui with gasless transfers that eliminate transaction fees. This integration allows users to send and receive digital dollars without ne...
On October 7, Ether (ETH) and XRP prices declined following weaker closes on October 6, with ETH down 0.45% and XRP down 0.70%. Sui (SUI) showed reduced upside momentum as its MACD indicator fell below the signal line, though it did not enter a long-...
