SUI BASECAMP 2026: HERE’S EVERYTHING ANNOUNCED, FROM SAMSUNG WALLET TO A 40.6M TPS DEMO Sui wrapped up its two-day Basecamp event in Singapore with major announcements across payments, AI, Bitcoin finance and blockchain infrastructure. Samsung Wallet is integrating USDC on Sui, potentially reaching 82M U.S. Galaxy devices, with zero network fees on supported transfers. Sui demonstrated 40.6M TPS through programmable offchain tunnels that settle to mainnet, surpassing its previous test record of roughly 6.1M. Hashi’s Bitcoin finance mainnet begins rolling out this month with over $500M in committed capital and Anchorage Digital joining as a launch partner. On the AI side, Alibaba Cloud announced a collaboration on agent payments, while Mysten Labs and Google Cloud introduced Verifiable Agent Arbiter to help enterprises verify that AI agents act within authorized limits. Other announcements included Walrus Console for AI app data, Sui Agent Pass, Sui Threat Intelligence, and Circle’s CCTP V2 going live. The event also featured live AI demonstrations and a trading competition on Hudi, with @TraderMayne taking the top spot.

sui reported 40.6m transactions per second on october 7, across more than 10,000 "tunnels" for games, chat and payments. a tunnel is an offchain channel. only its opening and its closing are mainnet transactions that pay sui gas, and updates inside it are free. so apps can do a lot of cheap activity, but more tunnel activity does not mean more sui fees. a detailed public report is still to come.

Sui will play a big role in how companies use AI agents. Mysten Labs and Google Cloud are building a way to verify that AI agents did only what they were allowed to do. And @SuiNetwork is part of the system that records that proof. Looking at the $SUI chart, it has been ranging in a bullish channel. A 4H close above the $1.25 level could trigger the next leg up.

Sui Network is approaching a crazy usage milestone @SuiNetwork has reached another usage milestone, having already exceeded 4.9 billion total transactions. According to data from @Chainspect, network activity continues to rise as the network approaches 5 billion transactions.

Sui Network takes a hit with AlphaFi shutdown... The @SuiNetwork-based DeFi yield optimizer and money market protocol @AlphaFiSUI has announced it is shutting down in an "orderly way". Users can no longer take loans on the platform but withdrawals remain open. According to Sui itself, the shutdown follows a "misconfiguration of their ALPHA oracle and subsequent creation of bad debt".

Sui dominance is a function of its beta. It has a low free float, 70% locked up in staking and it's earlier stage, and therefore any $ of capital in, or out, leads to outside moves over time. Meanwhile the density of its network (TVL per active user) remains constant in up and down markets (a sign of network coherence), and higher than most of its peers. It still has a way to go but the sui:native team is shipping the future of finance and the agentic economy rails. See you at @SuiBasedcamp in Singapore!

sui:native is not just another fast Layer 1. Most chains treat assets as numbers in an account. Sui treats assets as objects. Move defines the rules. The object model defines ownership. Parallel execution handles the load. That is the whole point. Apps can move objects, not just balances. I don't watch $SUI for TPS clips. I watch: 💧 do DeFi apps keep growing 🎮 do games actually ship 💳 do payments feel usable 🤖 do AI apps land onchain 📈 do developers stay Speed gets attention. Objects are the design. Usage is the test.

SUI Basecamp News: I will be participating on main stage at Marina Bay in Singapore in the Hudi World Trading Competition Session October 7th at 11:30am @tradeonhudi @SuiNetwork sui:native