Sui Mainnet Tops 6 Million TPS While SUI Remains Capped Below $0.80

Sui Mainnet Tops 6 Million TPS While SUI Remains Capped Below $0.80

N
News Editor 01
2026-07-22 19:10:13
Sui’s public mainnet has exceeded 6 million TPS, but the token has yet to break above the $0.80 resistance zone as price momentum and trading volume remain muted.
SuiSUILayer 1TPSDerivatives

Sui’s public mainnet has crossed 6 million transactions per second (TPS), according to data shared by MSB Intel on X. The figure marks a new performance milestone for the network and reinforces Sui’s positioning as a high-throughput, low-latency Layer 1 blockchain competing for developers, dApps, and institutional attention.

Mainnet throughput sets a new benchmark for Sui

TPS is one of the most widely used measures of blockchain capacity under heavy demand. In Sui’s case, clearing the 6 million TPS level highlights the network’s scalability ambitions and strengthens its case in the race among Layer 1 chains focused on execution speed. The reported milestone was framed as an important threshold for the project’s infrastructure goals. The network data is strong. The token price is less convincing.

Price action stays below key resistance

Despite the performance gain on the network side, SUI’s chart still looks neutral. The asset remains below both its 50-day and 200-day moving averages, a sign that buyers have not established clear control. Spot price was listed at $0.7317, down 2.66% over the past 24 hours. Traders are watching $0.80 as the main resistance level, while $0.70 serves as the key support zone. The Relative Strength Index stands near 46, pointing to neutral momentum, with selling pressure easing somewhat from earlier sessions but not enough to confirm a breakout attempt.

Derivatives open interest holds near $500 million

CoinGlass data shows SUI derivatives open interest staying around $500 million. That suggests participants in the derivatives market have largely kept their positions in place despite recent volatility. At the same time, trading volume has not posted a meaningful increase. This combination indicates that traders are still waiting for a firmer directional move, and the record mainnet transaction capacity has not produced an immediate price response.

Attention stays on adoption and the $0.80 level

The next point of focus is whether higher network activity inside the Sui ecosystem can translate into stronger on-chain engagement and actual demand for the token. For now, the market is centered on one question: can SUI break above $0.80. Until that happens, price direction is likely to keep reflecting broader crypto market sentiment along with the pace of activity and adoption on the Sui network.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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