Skip to content

Project

Sui

Sui is a layer-1 blockchain built for high-throughput smart contracts, used for payments, DeFi, and tokenized asset platforms.

Known aliases

  • SUI
  • Sui blockchain
  • Sui Network

Current stories

investConfirmed3 publishers

Coinbase wants Bitcoin's quantum-resistant wallets designed now because migration takes years

Coinbase, which says it custodies about 5% of all bitcoin, warned on October 13 that a quantum-resistant upgrade could take years. It backs BIP-360, P2TRv2 and hybrid wallets now and wants dormant and lost coins settled separately.

Perspective Coverage

3 publishers
Builder
Builder 47%
Operator
Operator 25%
Investor
Investor 28%

Reality

Evidence55
Adoption8
Hype gap+12
Incentives60
Confidence68
investConfirmed3 publishers

Sui Foundation puts $30 million behind DATA Network's move off its own Layer 1

Sui Foundation commits $30 million as DATA Network, formerly Story Protocol, retires its own Layer 1 and moves onto Sui. The chain is about 20 months old, and the only report ties its end to a change of business and to foundation money.

Perspective Coverage

3 publishers
Builder
Builder 32%
Operator
Operator 17%
Investor
Investor 51%

Reality

Evidence55
Adoption35
Hype gap+20
Incentives70
Confidence60
buildOne report1 publisher

Sui's 40 million TPS record checks out on mainnet as a payment-channel benchmark

Mainnet settlement records rebuilt by a dev.to author put Sui's 7 October peak at 39.86 million TPS, within 2% of the official 40.6 million. Every counted update ran in pre-funded off-chain tunnels, so the figure measures payment-channel speed.

Publishers:dev.to

Reality

Evidence70
Adoption8
Hype gap+40
Incentives65
Confidence66
investOne report1 publisher

Anchorage opens a qualified-custody route for bitcoin treasury firms into Sui's Hashi

Anchorage Digital is a day-one partner on Sui's Hashi, which opens in phases later this month with more than $500 million pledged. Treasury firms can post bitcoin held in qualified custody as collateral, though the cash they raise depends on stablecoin lenders on Sui.

Reality

Evidence45
Adoption15
Hype gap+30
Incentives75
Confidence45
investOne report1 publisher

Slush wallet routes deposits from 25 chains into SUI or USDC through Halliday

Slush, the official Sui wallet from Mysten Labs, now turns deposits from 25 chains, cards, bank transfers and Apple Pay into SUI or USDC through Halliday. The exchange and bridge steps a newcomer once handled alone now happen inside one integration, at fees Crypto Briefing's report does not specify.

Reality

Evidence40
Adoption
Not scored
Hype gap+20
Incentives
Not scored
Confidence45
investConfirmed2 publishers

Samsung Wallet's USDC rollout to 82 million Galaxy phones starts as a remittance service

Samsung Wallet will make USDC its default dollar stablecoin on 82 million eligible U.S. Galaxy devices from late October. The deal gives Circle the default slot and Coinbase custody of the balances, while licensed partner Bastion keeps the customer records and the compliance work.

Reality

Evidence60
Adoption15
Hype gap+30
Incentives70
Confidence58
investOne report1 publisher

Sui's Hashi lines up $500 million in pledges for loans against bitcoin kept on the Bitcoin chain

Sui is launching Hashi, a protocol for borrowing against bitcoin that stays on the Bitcoin chain, with $500 million pledged by more than 20 partners. The pledges equal about 0.05% of the $1 trillion in idle bitcoin Sui estimates, so the test is how much bitcoin holders actually lock into Hashi's vaults.

Publishers:coindesk.com

Reality

Evidence35
Adoption8
Hype gap+45
Incentives75
Confidence35
investConfirmed10 publishers

Samsung Wallet to launch USDC transfers this month, with bank-payout fees still unpublished

Samsung will build USDC transfers into Samsung Wallet on 82 million US Galaxy phones from late October. Whether that reach becomes a cheap way to send money home depends on what Samsung charges to pay into foreign bank accounts.

Perspective Coverage

10 publishers
Builder
Builder 26%
Operator
Operator 40%
Investor
Investor 34%

Reality

Evidence62
Adoption8
Hype gap+40
Incentives78
Confidence60
investConfirmed3 publishers

Sui's $500 million Hashi pledge tests whether institutions will put idle bitcoin to work

Sui Foundation has more than $500 million committed to Hashi, its native bitcoin collateral network, from over 20 partners including Anchorage Digital. Those pledges are launch liquidity for an October rollout, so what counts is how much bitcoin institutions actually post once promises have to become deposits.

Perspective Coverage

3 publishers
Builder
Builder 34%
Operator
Operator 33%
Investor
Investor 33%

Reality

Evidence55
Adoption12
Hype gap+30
Incentives70
Confidence60
investConfirmed4 publishers

Sui's 40.6 million TPS ran in offchain tunnels that hit mainnet only to open and close

Sui's offchain tunnels peaked at 40.6 million transactions per second in a live AI-agent test in Singapore, up from about 6.1 million in July. Because mainnet recorded only each tunnel's opening and closing, and CertiK's audit is still pending, the figure is an unverified benchmark of channel capacity.

Perspective Coverage

4 publishers
Builder
Builder 35%
Operator
Operator 26%
Investor
Investor 39%

Reality

Evidence40
Adoption12
Hype gap+45
Incentives70
Confidence55
investOne report1 publisher

Mysten Labs and Google Cloud split AI agent audit trails between customer buckets and Sui

Mysten Labs and Google Cloud launched an audit layer for AI agents on October 6, ahead of EU AI Act fines of up to 3% of global turnover from 2027. Agent logs stay in customer-controlled Google storage and only the proofs go to Sui and Walrus, with no price or customer yet disclosed.

Reality

Evidence35
Adoption
Not scored
Hype gap+35
Incentives60
Confidence40
investOne report1 publisher

Switchboard pulls price feeds from four Move chains after one key repriced IOTA at $10 million

The attacker needed no trading capital, only signing authority: at the posted price, less than half a token of nominal collateral backed a 4.94 million VUSD mint. Three of the four halted networks show no confirmed loss at all.

Reality

Evidence34
Adoption63
Hype gap+22
Incentives66
Confidence42
investOne report1 publisher

Phantom prunes Sui and Monad, and the exit fee points to Solana

The wallet's Sui shutdown is framed as a mutual parting, but the free migration path converts SUI into a wrapped token on Solana. Sui's on-chain deposits are down far more than half.

Reality

Evidence42
Adoption38
Hype gap−8
Incentives68
Confidence45
investOne report1 publisher

Neuberger puts junk bonds on chain, and 24/7 settlement stops being a free feature

The Neuberger Securitize High Income Tokenized Fund moves institutional tokenization out of Treasuries and into credit that can gap down. The mismatch between token and collateral is the story.

Reality

Evidence42
Adoption15
Hype gap+34
Incentives78
Confidence44