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, Bybit, and OKX totaled $1.35 million, while no short liquidations were recorded. SUI ranked 29th by market capitalization at the time, indicating its significant presence in the crypto market. The drop highlights increased selling pressure and potential volatility for investors holding SUI.
Following the sharp drop in SUI's price reported earlier, the token continues to show significant selling pressure on Pluang, where it trades at Rp18.571 with a 1-day change of -6.47% as of October 8, 2026, 22:31 WIB. The market cap stands at Rp81.19 trillion, and trading volume over 24 hours is Rp13.05 trillion. On Pluang, 33% of orders are sell orders while 67% are buy orders, with a typical holding period of 38 days, indicating active trading despite recent volatility.
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, lim...
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-...
