40.6 million transactions per second is a huge number. $SUI traders answered it with a 5.1% drop.
Cointelegraph reports that Sui says its offchain "tunnels" hit that rate during a live stress test that simulated AI agents trading with each other at high frequency.
I would read the number carefully. It comes from the project itself, it was a stress test, and it ran on offchain tunnels, not on the main chain where most users actually transact. That is a real engineering result, but it says more about what Sui could handle one day than about demand for it today.
The market seems to agree. SUI is at 1.124, down 5.1% in 24 hours and 3.5% on the week, 11.2% under its weekly high of 1.266. Volume is about 81.2M USDT, slightly below its 7-day average, so the headline did not even bring extra trading. BTC is down 2.53%, which explains part of the drop, but not a reason to ignore that good news moved nothing.
Hourly RSI is 36.5 and price sits only 1.9% above the weekly low of 1.103. That low is the level I watch. If SUI holds it while BTC calms down, the headline may get a second look. A break under 1.103 would tell me nobody is buying the AI story at this price.
#Sui #AIAgents
Cointelegraph reports that Sui says its offchain "tunnels" hit that rate during a live stress test that simulated AI agents trading with each other at high frequency.
I would read the number carefully. It comes from the project itself, it was a stress test, and it ran on offchain tunnels, not on the main chain where most users actually transact. That is a real engineering result, but it says more about what Sui could handle one day than about demand for it today.
The market seems to agree. SUI is at 1.124, down 5.1% in 24 hours and 3.5% on the week, 11.2% under its weekly high of 1.266. Volume is about 81.2M USDT, slightly below its 7-day average, so the headline did not even bring extra trading. BTC is down 2.53%, which explains part of the drop, but not a reason to ignore that good news moved nothing.
Hourly RSI is 36.5 and price sits only 1.9% above the weekly low of 1.103. That low is the level I watch. If SUI holds it while BTC calms down, the headline may get a second look. A break under 1.103 would tell me nobody is buying the AI story at this price.
#Sui #AIAgents
