This week, SUI surged from around 0.67 to above 1.1—an increase of nearly half. It’s not just pure sentiment; a few things have stacked together.
🔥 On October 7–8, at Singapore Basecamp, the Product Lead at Mysten Labs said the items they’re about to release will bring Sui Finance to another level. They didn’t specify details, but the agenda is all about agent payments, privacy transfers, and instant settlement. The market priced in the expectations first.
⛽ The 0-Gas stablecoin transfer is implemented at the protocol layer, not a wallet subsidy. To transfer, you don’t need to buy SUI first to pay gas. Daya in Africa has already used it for enterprise settlement.
📱 The DeepBook App just launched (9.24). It turns the on-chain order book into a mobile app, with spot and prediction markets placed together.
🏦 On the institutional side, it just joined the Linux Foundation’s LF Decentralized Trust, and is sitting at the same table as Swift and Bank of America to discuss tokenization standards.
Technicals have also broken a nine-month downtrend. The shorts were squeezed a bit, and L1 rotation added fuel.
One caveat: the big move hasn’t landed yet—what’s being rallied now is the story. Leverage isn’t low; if the news is realized or if the broader market shakes, a pullback could come quickly.
Before Basecamp, will you add to your position, or wait for the actual rollout?
#SUI🔥
🔥 On October 7–8, at Singapore Basecamp, the Product Lead at Mysten Labs said the items they’re about to release will bring Sui Finance to another level. They didn’t specify details, but the agenda is all about agent payments, privacy transfers, and instant settlement. The market priced in the expectations first.
⛽ The 0-Gas stablecoin transfer is implemented at the protocol layer, not a wallet subsidy. To transfer, you don’t need to buy SUI first to pay gas. Daya in Africa has already used it for enterprise settlement.
📱 The DeepBook App just launched (9.24). It turns the on-chain order book into a mobile app, with spot and prediction markets placed together.
🏦 On the institutional side, it just joined the Linux Foundation’s LF Decentralized Trust, and is sitting at the same table as Swift and Bank of America to discuss tokenization standards.
Technicals have also broken a nine-month downtrend. The shorts were squeezed a bit, and L1 rotation added fuel.
One caveat: the big move hasn’t landed yet—what’s being rallied now is the story. Leverage isn’t low; if the news is realized or if the broader market shakes, a pullback could come quickly.
Before Basecamp, will you add to your position, or wait for the actual rollout?
#SUI🔥