Here’s the latest on Sui ($SUI), the high-performance Layer-1 blockchain from Mysten Labs, as of January 6, 2026:

Current Market Stats

• Price: Around $1.90 – $1.97 USD (trading near $1.97 after strong gains, up ~16–38% since the start of January amid a notable rally).

• Market Cap: Approximately $7.2B – $7.5B USD (ranked ~#18–#20 globally).

• 24h Trading Volume: $1.3B – $1.8B+ USD (elevated liquidity, reflecting the early-2026 momentum and surge in activity).

• Circulating Supply: ~3.8 billion SUI (out of max 10 billion).

• All-Time High: ~$5.35 (January 2025); currently down ~63–65% from ATH but rebounding sharply this month.
SUI has kicked off 2026 with impressive strength, absorbing dilution and posting one of the strongest altcoin performances early in the year.

Recent Developments & News

• January Rally & Token Unlock Absorption: SUI surged ~38% in the first days of January, hitting highs near $1.99. The network smoothly handled a ~$60–67M token unlock (43–46M SUI on Jan 1) with minimal downside, signaling strong holder confidence and market maturity.

• Network Performance: Real-world throughput holding steady at ~866 TPS (actual on-chain activity), bolstered by the Mysticeti v2 upgrade that drastically reduced latency while maintaining stability.

• TVL Milestone: Total Value Locked crossed $1B+ (with some reports noting surges driven by 30%+ DEX volume growth and BTCfi integrations).

• Privacy Upgrade Confirmed: Native private transactions set for protocol-level rollout in 2026 – privacy by default (hiding sender/receiver details automatically) while remaining compliant and without sacrificing speed/low fees. This positions Sui for institutional and mass-consumer adoption.

• Institutional Signals: Spot SUI ETF filings from Bitwise (Dec 2025) and others remain in play, fueling optimism for regulated exposure.

Sentiment

Bullish heading into the rest of 2026 – early-year price action, technical signals (e.g., rare TD buy patterns), and roadmap catalysts (privacy, potential cross-chain bridges) are driving hype. Analysts eye short-term targets above $2–$3, with longer optimism tied to execution on scalability and institutional inflows.

Overall, Sui is gaining traction as a scalable, developer-friendly L1 – strong rebound from 2025 corrections, with privacy features and ETF potential as major 2026 drivers. Volatility remains, especially around unlocks, but fundamentals look robust for growth. 🚀