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Sui price rose 4.4% to $1.23 as traders focused on a $1.27 breakthrough

2026-10-05 20:15:21
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SUI price rose 4.4% to US$1.23, traders focused on US$1.27 breakthrough

In the past 24 hours, Sui (SUI) price rose 4.4% to US$1.23. This rally has been consolidated as the market grows interested in the blockchain's vision to focus on the payments space. Previously, Adeniyi Abiodun, co-founder of Mysten Labs, made some new comments, sharing details of Sui's core strategy around payments, stablecoins and artificial intelligence-driven transactions.

Positioning and market data in the payment field

As the development team behind Sui, Mysten Labs aims to build the blockchain into a payment infrastructure rather than the typical Layer 1 protocol. In a recent interview, Abiodun said Sui's long-term ambition is to replace traditional networks such as SWIFT, which are the foundation of the global interbank trading system.

Currently, SUI's market value is close to US$5 billion. In the past day, its trading volume reached $878 million, and token prices fluctuated between $1.17 and $1.26. Abiodun emphasized that Sui's approach is unique among many mainstream smart contract platforms, thanks to its high-speed and low-cost transfer capabilities. He pointed out that the key to achieving scale lies in a seamless payment experience and a robust stablecoin ecosystem.

Since August 2025, Sui has processed more than US$1 trillion in stablecoin transactions, highlighting its important role in digital payment infrastructure.

Technical Analysis and Expert Opinions

Trader Ali Martinez pointed out that $1.27 is the key resistance level for SUI. According to Martinez's analysis, SUI has been consolidating in parallel channels since September 12, and then broke upward. If the hourly line closes firmly above $1.27, another round of bullish breakthroughs may be confirmed, bringing further upside potential.

Despite multiple attempts, SUI has not effectively exceeded US$1.27, reaching a high of US$1.26 recently. On the weekly chart, SUI trades above the upper track of the Bollinger Band ($1.19) and the mid-track (20-week moving average) is at $0.83. The Relative Strength Index (RSI) is 58.7, indicating moderate momentum but not overbought.

Another analyst, Celal Kucuker, commented that the bullish flag pattern is approaching resistance. He suggested that if a breakthrough is achieved this month, the target price of US$2 will come into view; and in the future bull market, SUI is expected to exceed the US$10 mark.

Indicators Current value Key Levels/Interval Current Price $1.23 $1.17-$1.26 (24 hour range) Resistance level $1.27 Potential Breakthroughs Market Value ~$5 billion – Trading Volume (24 hours) $878 million – Zhou Bollinger Belt on Track $1.19 –

Sui 的支付生态与 AI 合作

Sui Foundation 报告称,自 2025 年 8 月以来,该网络已实现超过 1 万亿美元的稳定币转账。此外,Sui 实施了免 Gas 费稳定币转账功能,允许用户在不持有 SUI 代币支付手续费的情况下进行交易。其原生稳定币 USDsui 于 3 月通过 Stripe 旗下的 Bridge 平台推出后,市值已达到 7500 万美元。

支付公司 Daya 已将 Sui 整合为其在尼日利亚的企业服务结算层,并计划扩展到其他非洲市场。RedotPay 也加入了这一行列,支持 SUI 及 Sui 区块链上的原生 USDC。

谷歌将 Mysten Labs 认定为 AP2 项目的合作伙伴,AP2 是其面向人工智能驱动支付的开放协议。该项目包括 Mastercard、PayPal 和 Coinbase 等 60 多家参与者,旨在推进可编程 AI 支付解决方案的发展。

Sui 继续开发 AI 工具,包括用于存储的 Walrus、用于访问控制的 Seal 以及用于可验证计算的 Nautilus。今年 7 月,Sui 的基础设施实现了每秒超过 600 万笔交易的测试峰值,反映了其在高级支付用例中的可扩展性。

小词典:Mysten Labs 是一家科技公司,以创立和开发 Sui 区块链而闻名。Sui 是一个 Layer 1 协议,强调高速、低成本的交易以及可编程的数字资产管理。

Current data from DeFiLlama shows that Sui's total lock-in value (TVL) in DeFi is approximately US$550 million, and the market value of stablecoins is close to US$482 million. The network processed approximately 25.3 million transactions in the past day.

Currently, SUI is consolidating around $1.23. A breakthrough of $1.27 may trigger a new round of bullish momentum; a reversal below $1.19 may signal further consolidation within the current range.

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