Sui, developed by Mysten Labs, has processed over $65 billion in gasless stablecoin transfers since June 10, 2026, removing fees that hinder blockchain payments. Co-founder Evan Cheng predicts Sui will handle every digital payment on the internet within four years, leveraging its infrastructure for stablecoins, remittances, and AI commerce. The network also launched the Hashi testnet to enable bitcoin-backed loans without wrapping tokens, expanding its reach into bitcoin's market. The next year will test if Sui can meet these ambitious goals amid token supply pressures and market skepticism.
In 2026, the Sui blockchain has emerged as the top platform for stablecoin transactions, recording a year-to-date volume of $414 billion. This surpasses other major protocols like Avalanche and Aptos, highlighting Sui's growing user trust and real-wo...
On August 1, SUI tokens worth approximately $9.9 million were unlocked, adding 13.72 million tokens to circulation. Despite a recent 5% price drop amid broader crypto market weakness, a prominent trader sees the current $0.50-$0.70 range as a strong ...
