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SUI tests $1.30, five announcements push analysts bullish target to $8

2026-10-11 16:21:14
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Sui hit a new high of 40.6 million transactions per second in stress tests. Five major ecological developments boosted price outlook.

In recent real-time stress tests, Sui network achieved an amazing processing capacity of 40.6 million transactions per second. This achievement exceeds its previous record by more than six times. At the same time, the integration of projects such as Alibaba Cloud, Samsung Wallet, Hashi and Circle has further expanded Sui's territory in the fields of AI payments, mobile USDC access, Bitcoin finance and cross-chain settlement. Technical analyst Ali Charts pointed out that in the current rising channel,$1.30 is the immediate resistance level for SUI tokens,$2.40 is the next target, and the long-term target points to $8.

Sui has recently recorded five major ecosystem developments, while analyst Ali Charts sees $1.30 as the next key price barrier and sets $8 as a long-term goal. These announcements cover transaction capacity, artificial intelligence payments, mobile USDC transfers, bitcoin-backed finance, and cross-chain settlements. At the same time, SUI's weekly chart shows that prices have rebounded from the lower boundary of the rising channel.

Sui hits five ecological development milestones

In the real-time stress test conducted by Basecamp, Sui achieved a processing capacity of 40.6 million transactions per second, more than six times its previous record. The test used more than 10,000 programmable tunnels to simulate the activities of AI agents (AI-agents), the interaction process was executed offline, and settlement was completed on the Sui network.

In addition, Sui announced a partnership with Alibaba Cloud to integrate cloud computing and AI reasoning services into Sui Agent Payments. This integration aims to allow AI agents to independently use stablecoins to purchase cloud services within preset consumption limits.

Sui has also joined Samsung Wallet's USDC support program, which is expected to cover 82 million eligible Galaxy devices in the United States. Users will be able to directly hold and transfer USDC, while the Sui network supports Gas-free (zero handling fee) stablecoin transfers.

Hashi and Circle expand Sui's financial infrastructure

Sui's Bitcoin financial project Hashi is preparing for a phased mainnet deployment this month. The project has received funding commitments of more than US$500 million and has attracted more than 20 participating institutions. Anchorage Digital has also joined as a start-up partner.

Hashi's goal is to allow Bitcoin holders to use BTC-backed assets as collateral for lending and other financial applications on the Sui network. At the same time, Circle's Cross-Chain Transfer Protocol V2 has been launched on the Sui network.

This protocol allows native USDC to flow freely between Sui and 29 other supported blockchains. Therefore, this integration supports cross-chain payments, decentralized financial liquidity and treasury management applications.

Ali Charts points to $1.30 as an immediate test for SUI

Analyst Ali Charts said that SUI's weekly chart has rebounded from the lower boundary of the rising parallel channel. The SuperTrend indicator also turned bullish three weeks ago.

Analysts pointed out that $1.30 is the current immediate resistance level, followed by a target price of $2.40 in the middle of the channel. According to its analysis, if it effectively breaks through $1.30, it will open the way to $2.40.

If bullish momentum continues, Ali Charts views $8 near the upper boundary of the channel as its long-term target. He linked this technical prospect to developments involving intelligent payments, mobile USDC, Bitcoin finance, and cross-chain transfers.

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