Sui: Privacy Layer for AI Agents Gains Momentum
Sui at $1.16 builds confidential rails for AI agents as Michaël van de Poppe flags on-chain growth mispricing ahead of Basecamp.
SourceAnalysis
Sui positions itself at the intersection of AI agents and confidential transactions, with Michaël van de Poppe highlighting how blockchains must deliver privacy so agents can execute rules-bound payments without exposing every move. The network already processes machine-speed activity that outpaces human-driven volume, and the upcoming Sui Basecamp is expected to surface new features that lock in that edge.
Price sits at $1.16 inside the Bollinger band with upper resistance at $1.25 and lower support at $1.09. The 50-EMA at $1.11 and 200-EMA at $0.92 continue to anchor the bullish structure even as MACD prints a death cross at 0.01; RSI at 51.23 leaves room for continuation once momentum reasserts. A test of the upper band could trigger a healthy pullback toward the 50-EMA before the next leg higher, aligning with the forward-looking SUI price prediction that on-chain usage already justifies.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast