- Sui handles $60M token unlock smoothly, showing strong network activity at 866 TPS after Mysticeti v2 rollout.
- Institutional interest rises as Bitwise and Canary Capital file for Spot SUI ETFs, boosting Wall Street appeal.
- Private transactions launching in 2026 promise full compliance, privacy, and support for DeFi with low fees.
Sui ($SUI) is drawing serious attention after absorbing a $60 million token unlock without significant price movement. Analysts highlight that its network activity remains robust at 866 transactions per second, thanks to the recent Mysticeti v2 rollout that slashed latency dramatically.
Kyle Chassé noted, “The numbers don’t lie: real on-chain activity is holding at 866 TPS.” This performance comes amid growing institutional interest, as Bitwise and Canary Capital both filed for Spot SUI ETFs. Approval this quarter could elevate Sui to a “must-own” asset for Wall Street investors.
Additionally, the network’s total value locked (TVL) has surged past $1 billion, supported by a 30% rise in decentralized exchange (DEX) volume and Bitcoin finance (BTCfi) integrations.
Moreover, Sui is showing strong early-year momentum, gaining 9% and reclaiming key moving averages. Technical indicators suggest bullish divergence, fueling optimism that Sui could become a full-stack execution engine for global financial applications, rather than just a Solana competitor.
Analyst Mind Trader observed, “A confirmed hold above $1.50 would signal solid bullish momentum, targeting $2.80 as the next major objective.” Conversely, caution exists. Nology warned that if Sui fails to surpass $2.79, a minor low near $1.31 may occur, indicating possible short-term downside.
Private Transactions to Boost Security and Compliance
Sui is also preparing to introduce private transactions, expected around 2026, aiming for full privacy while complying with regulations. Adeniyi Abiodun, co-founder of Ysten Labs and Sui Chief Product Officer, stated that only senders and recipients would view transaction details, and the process would occur automatically.
“The network will have privacy features that follow compliance rules, and happen automatically without users having to do anything,” he said. These upgrades will support DeFi and application development, reinforcing Sui’s scalability while maintaining low transaction fees. Consequently, Sui positions itself at the forefront of privacy-focused blockchain solutions.