SUI is having one of those days where the price is actually less interesting than the news.
It's around $1.20 now, after spending the last few weeks recovering hard from below $0.75.
Today, Mysten Labs and Google Cloud announced a new system built around Sui that lets companies verify what their AI agents actually did.
That sounds niche right now.
I don't think it stays niche.
Once AI agents start making payments, calling APIs and interacting with other companies on their own, someone has to prove what they were allowed to do and what they actually did.
Sui is trying to become part of that infrastructure.
The chart still has work to do. $1.28 is the level I'd want to see reclaimed before getting properly excited.
But the longer-term idea here is getting much bigger than another L1 competing for TPS.
Not financial advice. DYOR. $SUI
It's around $1.20 now, after spending the last few weeks recovering hard from below $0.75.
Today, Mysten Labs and Google Cloud announced a new system built around Sui that lets companies verify what their AI agents actually did.
That sounds niche right now.
I don't think it stays niche.
Once AI agents start making payments, calling APIs and interacting with other companies on their own, someone has to prove what they were allowed to do and what they actually did.
Sui is trying to become part of that infrastructure.
The chart still has work to do. $1.28 is the level I'd want to see reclaimed before getting properly excited.
But the longer-term idea here is getting much bigger than another L1 competing for TPS.
Not financial advice. DYOR. $SUI
