Core Insights - Sui (SUI) experienced a nearly 4% increase after being selected as a launch partner for Google's Agentic Payments Protocol (AP2), moving from $3.509 to $3.622, marking a 3.22% gain [1][2] - The announcement of AP2 contributed to a surge in trading volume, reaching 33.14 million, nearly four times the 24-hour average of 8.73 million, indicating potential institutional accumulation [2] - The Agentic Payments Protocol aims to enable AI agents to perform financial transactions, part of a broader initiative to integrate smart contracts with real-world payment systems [3] Market Activity - Following the announcement, SUI's price fluctuated, reaching a high of $3.65 before settling at $3.60, indicating some profit-taking among traders [3] - The current trading range for SUI is between $3.61 and $3.65, with bulls potentially targeting the next resistance levels of $3.70 to $3.75 due to the Google partnership [4]
Sui Jumps Nearly 4% After Google Selects It as Launch Partner for AI Payments Protocol
Yahoo Finance·2025-09-16 21:05