Sui (SUI) increased nearly 4% in the last 24 hours after being chosen as a launch partner for Google’s new Agentic Payments Protocol (AP2), a framework allowing AI agents to perform financial transactions for users.
The token’s price shifted from $3.509 to $3.622, representing a 3.22% increase, with trading within a $0.183 range. In comparison, the CoinDesk 20 index saw a mere 1% rise during the same timeframe.
SUI is presently trading at $3.63.
The AP2 announcement bolstered a token that was already displaying bullish tendencies. Trading volume surged to 33.14 million amid a breakout, nearly quadrupling the 24-hour average of 8.73 million. This surge in activity, coupled with higher lows and consistent bids above $3.50, indicates potential institutional accumulation.
Google’s Agentic Payments Protocol is a developing standard designed to empower AI agents to manage payments and various financial tasks for users. This protocol is part of a broader initiative to connect smart contracts, real-world payment systems, and machine autonomy.
At one point, SUI rose from $3.60 to $3.65 before dipping to $3.57 and stabilizing at $3.60, reflecting a slight net loss for that particular intraday movement.
Buyers regained the $3.61–$3.65 range before volume decreased, indicating profit-taking activity.
However, with the Google partnership now established, bullish traders might aim for the next resistance band between $3.70 and $3.75.
Read more: Google Teams Up With Coinbase to Bring Stablecoin Payments to AI Apps