DeFi· ★★★· bullish·

Sui rises to $1.23 as Mysten Labs bets on stablecoins and AI payments

  • —SUI rose 4.43% to $1.23, with a market value near $5 billion and $878 million in 24-hour volume
  • —Sui has processed more than $1 trillion in stablecoin transfers since August 2025
  • —Native stablecoin USDsui, launched via Stripe-owned Bridge, has reached about $75 million
  • —Analysts flag $1.27 as immediate resistance, with a $2 target conditional on a breakout
Why it matters: The payments and AI-agent push could broaden real network usage, but SUI's rally still hinges on breaking the $1.27 resistance.
Source: crypto.news