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Sui said in a post on X that its Sui Tunnels AI agent experiment set a record, with a target throughput of 1 million transactions per second (TPS) and an actual result of about 6.09 million TPS. According to Odaily, Sui said the result supports further development of agent-based applications on the Sui network.

SUI experienced a significant 50% increase in value over the past week, driven by substantial staking activities and strategic collaborations. According to NS3.AI, SUI Group Holdings staked over 108 million tokens, valued at more than $143 million, contributing to the price rise from approximately $0.94 on May 4 to $1.41 by Sunday. Concurrently, trading volume surged from over $213 million to more than $2.5 billion.Mysten Labs announced the upcoming rollout of zero-fee stablecoin transfers and reaffirmed plans for private transactions, enhancing the platform's appeal. Additionally, Paga Group has partnered with Sui to facilitate cross-border transfers and develop stablecoin products, further strengthening SUI's market position.

Avalanche has been confirmed as the underlying public blockchain for a new model, according to NS3.AI. This development highlights the growing adoption of Avalanche in various blockchain applications. The choice of Avalanche underscores its capabilities in providing a robust and scalable platform for blockchain projects.