Sui Network ($SUI) is one of our fave projects. It’s now exactly one year ago that Sui started to make some serious waves. $SUI went from 76 cents in early September 2024 to its current ATH of $5.35 in early January. That’s a 7x in 4 months.
Another great feature of the Sui Network is that its team keeps building. Each week, there are exciting updates. So, let’s see what last month brought to Sui.
Recent Sui Updates and News
There have been plenty of updates and news coming out of the Sui and Mysten Labs camps. To clarify, Mysten Labs is the team behind Sui. So, let’s take a closer look at these updates and news.
Co-op with Google
One of the recent highlights was a co-op with Google. Sui is a launch partner for Google’s new Agentic Payments Protocol (AP2). This is a standard that lets AI agents transact on behalf of users. Where most projects just talk about “AI + crypto”, Mysten Labs builds it. The Sui ecosystem also adds its share to this.
Sui is a launch partner for @Google’s new Agentic Payments Protocol (AP2) – a standard that lets AI agents transact on behalf of users.
Originally developed by Mysten Labs, @SuiNetwork brings fast, programmable payments and privacy-first identity to power the future of agentic… pic.twitter.com/YFfGfLUZvf
— MystenLabs.sui (@Mysten_Labs) September 16, 2025
The current web is not friendly towards bots. However, AI agents are about to change this. Sui and AP2 enable programmable rails for agents that balance security and automation. This is not where it stops. Sui also enables open marketplaces for access and licensing of a creator’s content. You control your own data. As a bonus, zk proofs power your privacy. You can read more about this in Mysten Labs’ blog.
Crypto Conferences
Sui is present at two of the biggest crypto conferences around. Currently, Sui is in Seoul for the KBW (Korean Blockchain Week). Sui is creating quite a riot by taking robots for walks around Seoul’s city center. Check the video in the X post below.
Korea loves the @SuiNetwork 💧 robots 🤖 pic.twitter.com/wCSkfbOhG7
— David Ticzon | Sui💧Chief Degen (@DavidTiczon) September 23, 2025
On 2nd October, Sui is hosting SuiFest in Singapore, as part of the Token2029 conference. Token2049 is one of the biggest crypto conferences in the world. SuiFest is going to be a riot! Expect a lot of Alpha from the Sui and Mysten Labs teams. You will also be able to pick up loads of merch from Sui ecosystem projects. Make your RSVP here.
you follow a glowing sign that reads “alpha only”
you end up in a karaoke booth
everyone’s singing whitepapers
you’re nextWDYD?
SuiFest is not your average conference.
RSVP 👇https://t.co/SZTK6BJDrq pic.twitter.com/jgp1hinuD9
— Sui (@SuiNetwork) September 19, 2025
$SUI is Deflationary
During the SuiRL event in Bali, which I visited, this made it into one of the presentations. Ever since, Sui has shed some more light on this. So, $SUI has a hidden deflationary feature. Every transaction takes some $SUI out of circulation. A reduced circulating supply can increase the value for all other holders. It’s Sui’s Storage Fund that does this.
Sui’s Storage Fund is the network’s hidden deflationary engine.
Every transaction quietly pulls SUI out of circulation – making the token scarcer and the network more sustainable.
Here’s how it works 👇 pic.twitter.com/jaEMjsugbN
— Sui (@SuiNetwork) September 22, 2025
When somebody creates or modifies an object, they need to pay storage fees. There’s also a non-refundable fee in this storage fee. That’s the $SUI that’s taken out of circulation. The current situation in the Storage Fund is as follows,
- 1.95 million $SUI is in the fund.
- Around 700k $SUI taken out of supply already.
- Another $1.2 million $SUI is locked up.
📊 Current numbers (via SuiScan):
• 1.95M SUI in the fund
• ~700k gone forever
• ~1.2M locked long-termThat’s already real, measurable deflationary pressure in just 2 years.
— Sui (@SuiNetwork) September 22, 2025
So, the more you use the Storage Fund, the more deflationary $SUI becomes. Read more about the deflationary function of the Storage Fund in this Sui blog.
xMoney Launches Its $XMN Token on Sui
xMoney bridges TradFi with Web3 by offering a payment infrastructure. To clarify, this connects merchants, users, and institutions around the world. xMoney is now about to expand its global payments. As part of these plans, it already expanded to Sui. Now it is also preparing to launch its $XMN token on Sui. It is important to point out that $XMN is compliant with the MiCA regulatory framework in Europe. You can find more in Sui’s blog about xMoney and their $XMN token on Sui.
The future of payments is on Sui ⚡️@xMoney_com expands global payments and prepares to launch XMN on Sui
Bringing merchant incentives, user rewards, and compliant digital finance to a global stage.
Learn more 👇https://t.co/ELF2zlRf6o pic.twitter.com/RP7hwmS579
— Sui (@SuiNetwork) September 22, 2025
Sui’s Ecosystem Updates
The Sui ecosystem is quite extensive. So, no wonder if there are regular updates. Here are two projects that are worth mentioning.
Bucket Protocol
Bucket Protocol upgraded its earn product. In the previous earn features, there were fees and hidden risks. It was also rather complex. So, the team upgraded Bucket from the core. Here are some of the changes.
Bucket Product Upgrade is live.
Grow your returns by your vision: Simple. Predictable. Built for long-term leverage. pic.twitter.com/9AvDh8DThy
— Bucket Protocol 🪣 (@bucket_protocol) September 16, 2025
- The $BUCK stablecoin goes now by the $USDB ticker.
- If you had $BUCK locked, you can migrate it to $USDB with one simple click. APR also goes from 6.72% to 15.29% for a limited time. That’s more than double.
- There’s a 0% borrowers’ fee.
This makes Bucket Protocol more transparent, predictable, and most importantly, easy to use.
Walrus
Walrus ($WAL) is our favorite decentralized storage project. Seal is now live on Sui’s mainnet. It adds privacy to the Walrus protocol. Walrus also keeps partnering with various other platforms. For example, with,
- Zark Lab. This supercharges content discovery with AI intelligence tools. It makes every file instantly searchable and AI-ready.
- Inflectiv AI. This turns files into structured, monetizable datasets. Besides Walrus, Seal is also part of this collab.
- The Talus Network testnet went live. This is an AI predication platform with gamified features.
- Walrus is also part of the launch of Google’s Agentic Payments Protocol (AP2).
Not every day you get to say we’re building the future of the web with @Google.
Proud that Walrus + Sui are part of the launch of Google’s Agentic Payments Protocol (AP2) – giving agents the ability to pay and access data with trust + provenance. https://t.co/Sb7UmlTetS
— Walrus 🦭/acc (@WalrusProtocol) September 16, 2025
You can find Walrus and Bucket Protocol both at the KBW and SuiFest. There’s more on Walrus here.
Conclusion
Sui keeps bringing updates in a constant flow. We highlighted the September updates for Sui in this article. Like, a coop with Google and $SUI being deflationary. But also, with Sui’s presence at crypto conferences. Furthermore, we also peeked into the Sui ecosystem and showed some updates.
The current $SUI price is $3.35 with an $11.9 billion market cap. Out of 10 billion $SUI tokens, 3.5 billion circulate.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.
We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. This article has been sponsored by Sui.
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The post Sui Huge Updates September 2025 appeared first on Altcoin Buzz.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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