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Reading: SUI hits 1,539 TPS but price stays near $0.91
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COINTURK NEWS > SUI > SUI hits 1,539 TPS but price stays near $0.91
SUI

SUI hits 1,539 TPS but price stays near $0.91

In Brief

  • 🚀 SUI hit a yearly high with 1,539 TPS while holding near $0.91.

  • Despite network growth, $SUI remains under price pressure below key resistance.

  • 📉 Critical data: If $0.90 breaks, sharp declines toward $0.70 may follow.

Ömer Ergin
Ömer Ergin 2 hours ago
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The SUI network reached a record-setting performance, processing 1,539 transactions per second (TPS) and marking its highest throughput so far this year. This technical milestone points to increased activity and heightened user interest on the blockchain. However, during the same period, the SUI token was trading at $0.91, hovering close to the critical $0.90 support zone.

Contents
Network hits new high as token faces price pressurePrice stalls below key technical levelsMomentum indicators remain weak

Network hits new high as token faces price pressure

Today, SUI’s transaction capacity spiked to a yearly peak of 1,539 TPS. The TPS metric, representing the number of transactions a blockchain can handle per second, reveals a significant short-term uptick in user demand and transaction volume on the SUI network.

According to an announcement from the Sui Community account, SUI officially reached 1,539 transactions per second. The account noted that this surge may bolster network performance in the future.

This burst in network activity comes as SUI’s price remains confined between $0.90 and $1.00. Despite the record network figures, analysts say the SUI token is still under short-term pressure and is currently below several critical technical thresholds.

Price stalls below key technical levels

Earlier this year, SUI rallied from $1.26 up to $3.80 and then gave back all of its gains. Analysts point to $1.26 as a fundamental threshold, with additional resistance likely at $1.80, $2.23, $2.53, $2.83, and $3.20 should any upward momentum resume.

At present, SUI continues to trade below the core $1.26 support-turned-resistance level. This barrier had previously played a crucial role as a price floor, and with SUI holding below it, market sentiment remains muted. In the near term, the $1.00–$1.10 band is the first key resistance to watch. If daily closing prices manage to exceed these levels, some market participants expect renewed buying interest.

LevelType
$0.90Strong support
$1.00 – $1.10Short-term resistance
$1.26Major technical threshold
$1.80 – $3.20Higher resistances

Momentum indicators remain weak

The daily Relative Strength Index (RSI) for SUI currently stands near 37, indicating clear selling pressure but not yet signaling a classic oversold condition. Market analysts highlight that a move above the 50 mark could suggest buyers are regaining control of momentum.

Meanwhile, the MACD indicator shows a subdued profile, with the signal line staying below average and the histogram slightly negative. This suggests sellers are still dominating the market. If SUI manages to hold above the key $0.90 support, there is a chance for a relief bounce; however, a breakdown could accelerate declines toward the $0.70–$0.75 range.

Mini glossary: MACD (Moving Average Convergence Divergence) is a technical analysis indicator used to measure changes and momentum in an asset’s price. It is commonly used to identify trend shifts and changes in market strength.

Overall, SUI’s price remains weak and is yet to show strong recovery signals above its previous resistance levels. While the TPS record highlights ongoing network activity, analysts emphasize that for any meaningful rally, the price must not only hold key support zones but also break through established resistance points.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 31 May, 2026 - 2:41 am 31 May, 2026 - 2:41 am
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