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What’s Next for SUI Crypto Price as Sui Network Sets New 40.6 Million TPS Record

Key Insights: SUI crypto price falls 6% despite the network processing 40.6 million TPS. The latest performance surpassed Sui network’s previous 6 million TPS record from July. Sui tunnels pr

AnonymousCryptoCompass newsroom
October 7, 2026
3 min read
NEWS
What’s Next for SUI Crypto Price as Sui Network Sets New 40.6 Million TPS Record
CryptoCompass editorial visual for markets coverage.

Key Insights:

  • SUI crypto price falls 6% despite the network processing 40.6 million TPS.
  • The latest performance surpassed Sui network’s previous 6 million TPS record from July.
  • Sui tunnels provide programmable off-chain channels while settling transactions securely on mainnet.

SUI crypto price has faced renewed selling pressure despite Sui network recording its latest throughput milestone. The token trades near $1.12, down 6.5% over 24 hours. It fell from around $1.20 before stabilizing near $1.14.

However, the recovery failed to reclaim the $1.15 level. Meanwhile, the Sui network processed 40,614,180 transactions per second during a live stress test in Singapore. The test took place at Sui Basecamp on October 7, 2026.

SUI Crypto Price Tests Support as Selling Pressure Persists

The price movement keeps the Sui crypto price focused on the $1.10-$1.12 area. Analyst 0xSweep said the $1.10 level remains an important support zone. The analyst also linked a successful hold there with a potential move toward May highs. However, the Sui crypto price remains below the $1.14-$1.15 recovery area.

Sui crypto price charts show several resistance levels above the current price. The first resistance sits around $1.14-$1.15. Meanwhile, the next barrier appears around $1.16-$1.17. A stronger recovery would bring $1.18-$1.20 into focus. On the downside, the Sui crypto price could revisit $1.10 if $1.11-$1.12 support fails.

Recent performance also shows different timeframes. SUI crypto price gained 10% over 14 days and 38.3% over 30 days. However, the token remained 68.9% lower over one year. This price backdrop preceded the latest Sui network throughput test.

Sui Network Records 40.6 Million TPS

The Sui network recorded 40,614,180 TPS during a live high-stress demonstration at Sui Basecamp. The result exceeded the previously stated 20 million TPS target. It also surpassed the network’s July 4 record of more than 6 million TPS.

Sui Network Crypto Announcement | Source: X Sui Network Crypto Announcement | Source: X

The demonstration used Sui tunnels, which Sui introduced during its July 4 record-setting livestream. These tunnels use programmable off-chain state and payment channels. They settle transactions to the Sui network when participants close them.

Each closed tunnel receives mutual cosigning from participants. It also remains independently verifiable on-chain. Consequently, the system combines off-chain transaction processing with on-chain settlement and verification.

The Sui network designed the demonstration around applications involving AI agents and machine commerce. Participants and spectators accessed a dedicated explorer during the event. More than 10,000 tunnels opened across several application categories. Those categories included chat, games, and payments.

The test also involved independent verification. CertiK verified the 40,614,180 TPS result in real time. Adeniyi Abiodun, Mysten Labs’ Chief Product Officer and Co-Founder, led the demonstration.

Sui Crypto and Alibaba Cloud Explore AI Payments

Alongside the throughput demonstration, the Sui network also announced a collaboration involving Alibaba Cloud. The two companies are developing an approach for AI agents to pay for cloud services.

Under the proposed model, an AI agent could receive a defined budget. It could then use that allocation for cloud services without requiring approval for every purchase. However, neither company provided a launch date or pricing details.

The companies also have not specified which Alibaba Cloud services would initially support the approach. Their announcement came during Sui Basecamp in Singapore.

That report reviewed 19 products and agentic workflows. It found that 14 could operate within user-defined limits without repeated approval. During this press event, the Sui crypto price remains near $1.12 as traders monitor the $1.10 support area.

The post What’s Next for SUI Crypto Price as Sui Network Sets New 40.6 Million TPS Record appeared first on The Coin Republic.