Sui mainnet surpasses 6 million TPS, SUI price stays below $0.80 resistance

The Sui blockchain has reached a major network performance milestone, but this development has yet to trigger a significant price rally for the SUI token. At the time the news was compiled, SUI was trading at $0.7317, reflecting a 2.66% decline over the past 24 hours.

Network hits new performance milestone

According to data shared by MSB Intel on X, Sui’s public mainnet achieved a transaction capacity exceeding 6 million transactions per second (TPS). This technical achievement stands out as an important threshold, further solidifying the network’s ambitions around scalability.

By targeting high throughput and minimal latency, Sui continues to compete with other Layer 1 blockchains to attract developers, decentralized applications (dApps), and institutional interest. The project’s significant network performance places it among contenders aiming to redefine blockchain scalability standards.

Mini glossary: TPS stands for transactions per second, a metric used to measure how many transactions a blockchain can process under heavy usage.

Price outlook remains cautious

Despite improvements on the network side, the technical price chart presents a more neutral picture. SUI continues to trade below both its 50-day and 200-day moving averages, suggesting that buyers have not gained clear control over the market.

In the short term, $0.80 serves as a critical resistance point while $0.70 acts as the key support. With the Relative Strength Index (RSI) at around 46, there is no clear momentum direction, although selling pressure appears to have eased slightly compared to prior sessions.

Derivative market positions stay steady

Data from CoinGlass shows that SUI’s open interest in derivatives has remained roughly steady at approximately $500 million. This indicates that, despite recent volatility, most participants in the derivatives market continue to hold their positions.

However, there has been no significant increase in trading volume. Analysts view this as a sign that the market is still waiting for a more decisive trend, and, as a result, the network’s record transaction capacity has not translated into immediate price impact for SUI.

Market focus: Will $0.80 be surpassed?

Investors are closely watching whether the growing activity within the Sui ecosystem and its record transaction capacity will drive increased on-chain engagement. The key question is whether this momentum can generate enough demand to push SUI’s price above the $0.80 resistance level.

Until this resistance is broken, SUI’s price is expected to be influenced by broader crypto market sentiment as well as by the pace of adoption and activity on the Sui network itself.

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