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What is the next trend for SUI cryptocurrency prices? As Sui Network sets a new record of 40.6 milli

2026-10-08 04:12:30
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SUI crypto asset prices fell 6% despite network processing capacity reaching 40.6 million TPS. This latest performance exceeds the previous record of 6 million TPS set by Sui Networks in July. Sui Tunnel provides a programmable offline channel while securely settling transactions on the main network.

SUI prices are under pressure, but networks set new records

Although Sui networks have set a new throughput milestone, SUI crypto assets are still facing new selling pressure. The token is currently trading at close to $1.12, down 6.5% in 24 hours. Prices had retreated from about $1.20 and stabilized around $1.14. However, the rally failed to regain the $1.15 level.

Meanwhile, Sui Network processed 40,614,180 transactions per second (TPS) in a real-time stress test held in Singapore. The test will be held at Sui Basecamp on October 7, 2026.

SUI crypto assets tested support levels, and selling pressure continued

The price trend focused the focus of SUI crypto assets on the US$1.10 -1.12 range. Analyst 0xSweep pointed out that $1.10 is an important support area. The analyst also linked successful holding in this position to a possible move towards May highs. However, the price of SUI crypto assets is still below the $1.14 -1.15 rebound zone.

The SUI Crypto Asset Chart shows multiple resistance levels above the current price. The first resistance level is around $1.14-$1.15. Subsequent resistance appeared around $1.16-$1.17. If there is a strong rebound, US$1.18 -1.20 will become the focus of attention. On the other hand, if the $1.11 -1.12 support level falls, SUI crypto asset prices may re-test $1.10.

Recent performance shows different time frames: SUI crypto assets rose 10% in 14 days and 38.3% in 30 days. However, the token price remained 68.9% lower in the past year. This price background occurred before the latest Sui network throughput test.

Sui Network records 40.6 million TPS

Sui Network recorded 40,614,180 TPS in a real-time high-voltage demonstration held at Sui Basecamp. The result exceeded the previously announced target of 20 million TPS and exceeded the network's record of more than 6 million TPS set on July 4.

The demonstration used "Sui tunnels," technology Sui introduced during its record-breaking live broadcast on July 4. These tunnels utilize programmable offline state and payment channels. When participants close the channel, transactions will be settled on the Sui network. Each closed tunnel receives a co-signature from the participants and is independently verified on the chain. Therefore, the system combines off-chain transaction processing with on-chain settlement and verification functions.

Sui Networks designed the demonstration around applications involving AI agents and machine commerce. Participants and viewers accessed a dedicated resource manager during the event. More than 10,000 tunnels have been opened across several application categories, including areas such as chat, games and payments.

Testing also involves independent verification. CertiK verified the results of 40,614,180 TPS in real time. Adeniyi Abiodun, chief product officer and co-founder of Mysten Labs, led the demonstration.

SUI Crypto Assets and Alibaba Cloud Explore AI Payment Cooperation

In addition to throughput demonstrations, Sui Networks also announced a cooperation with Alibaba Cloud. The two companies are developing a way to enable AI agents to pay for cloud services.

Under the proposed model, AI agents can get a defined budget and then use that allocated funds to purchase cloud services without having to approve each purchase. However, neither company provided a release date or pricing details. In addition, the company has not clarified which Alibaba Cloud services will initially support this approach. Their announcement was made during the Sui Basecamp event in Singapore.

A previous report reviewed 19 product and agent workflows and found that 14 of them could be run within user-defined scopes without repeated approvals. At the press conference, SUI crypto asset prices remained around $1.12 as traders closely watched the $1.10 support area.

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