SUI Tests $1.30 as Five Announcements Fuel Analyst’s Bullish Case to $8

• Sui processed 40.6 million transactions per second in a live stress test, exceeding its previous record by more than six times.
• Alibaba Cloud, Samsung Wallet, Hashi and Circle integrations expand Sui’s AI payments, mobile USDC access, Bitcoin finance and cross-chain settlement.
• Ali Charts identifies $1.30 as immediate resistance, $2.40 as the next target and $8 as a longer-term objective within SUI’s rising channel.

Sui has recorded five major ecosystem developments as analyst Ali Charts identifies $1.30 as the next price hurdle and $8 as a longer-term target. The announcements cover transaction capacity, artificial intelligence payments, mobile USDC transfers, Bitcoin-backed finance, and cross-chain settlement. Meanwhile, SUI’s weekly chart shows a rebound from a rising channel’s lower boundary.

Sui Records Five Major Ecosystem Developments

At Basecamp, Sui processed 40.6 million transactions per second during a live stress test, more than six times its previous record. The test used over 10,000 programmable tunnels to simulate AI-agent activity, with interactions executed off-chain and settled on Sui.

https://twitter.com/alicharts/status/2108949461221114350?s=20

Additionally, Sui announced a collaboration with Alibaba Cloud to integrate cloud and AI inference services into Sui Agent Payments. The integration aims to let AI agents purchase cloud services autonomously using stablecoins within predefined spending limits.

Sui is also joining Samsung Wallet’s USDC offering, potentially reaching 82 million eligible Galaxy devices across the United States. Users will be able to hold and transfer USDC directly, while Sui supports gasless stablecoin transfers.

Hashi and Circle Expand Sui’s Financial Infrastructure

Sui’s Bitcoin finance project, Hashi, is preparing for a phased mainnet rollout this month. The project has secured more than $500 million in capital commitments and attracted over 20 participating institutions. Anchorage Digital has also joined as a launch partner.

Hashi aims to let Bitcoin holders use BTC-backed assets as collateral for lending and other financial applications on Sui. Meanwhile, Circle’s Cross-Chain Transfer Protocol V2 has launched on the network.

The protocol allows native USDC to move between Sui and 29 other supported blockchains. Consequently, the integration supports cross-chain payments, decentralized finance liquidity, and treasury applications.

Ali Charts Identifies $1.30 as SUI’s Immediate Test

Ali Charts said SUI’s weekly chart had rebounded from the lower boundary of a rising parallel channel. The SuperTrend indicator also turned bullish three weeks ago.

The analyst identified $1.30 as immediate resistance, followed by a channel mid-range target of $2.40. A decisive break above $1.30 could open the way toward $2.40, according to his analysis.

If bullish momentum continues, Ali Charts places the upper channel boundary near $8 as his longer-term target. He links the technical outlook to developments involving agent payments, mobile USDC, Bitcoin finance, and cross-chain transfers.