Analysis by CoinDesk observed signs of institutional accumulation as price action held above $3.50 with higher lows throughout the session.
Sui SUI$3.6429 rose nearly 4% over the past 24 hours after being selected as a launch partner for Google’s new Agentic Payments Protocol (AP2), a standard designed to let AI agents conduct financial transactions for users.
The token’s move from $3.509 to $3.622 marked a 3.22% gain, with trading spanning a $0.183 range. By contrast, the CoinDesk 20 index rose just 1% over the same period.
SUI is currently trading at $3.63.
The AP2 announcement added momentum to a token that had already shown bullish strength. Volume surged to 33.14 million during a breakout — nearly four times the 24-hour average of 8.73 million. That jump in activity, along with higher lows and steady bids above $3.50, points to possible institutional accumulation.
Google’s Agentic Payments Protocol is an emerging standard aimed at enabling AI agents to carry out payments and other financial operations on behalf of users. The protocol is part of a broader effort to bridge smart contracts, real-world payment rails, and machine autonomy.
At one point, SUI climbed from $3.60 to $3.65 before falling to $3.57 and settling at $3.60, a minor net loss for that specific intraday move.
Buyers reclaimed the $3.61-$3.65 range before volume tapered off, suggesting profit-taking.
But with the Google partnership now in play, bulls may target the next resistance band between $3.70 and $3.75.
