SUI is currently trading at $0.70, which is an accumulation zone that produced rallies where the coin reached values above $5. This bullish technical setup emerges during a time when the Seal MPC prototype is launched on the Sui testnet.
SUI lingers into accumulation zone
A crypto analyst who goes by the pseudonym Crypto Patel observed SUI trading in an accumulation zone, where prices have historically hit values above $5 from this zone. This technical structure is emerging at a time when SUI is testing how AI agents could carry out transactions without having access to private keys.
Seal MPC allows AI agent to initiate transaction without private keys
Mysten Labs, the company that created and develops the Sui blockchain, launched Seal, a multi-party computation prototype that gives permission to the AI agents to initiate transactions without exposing the private keys. The new prototype, which was run on the test net, follows the Seal MPC model, where the AI agents can propose transactions. However, the execution is subject to predefined on-chain access controls, which are written on the smart contract.
Users can set the predefined spending policies using natural language, which is much more convenient for someone who does not understand code. As such, users can set policies, which can include daily spending limits, approval thresholds, and restrictions limiting payments to specific counterparties. Once the rules are set by the user, they are automatically fed into the smart contract on the network.
SUI team put Seal prototype to the test
The SUI team put the prototype to the test with three malicious agent behaviors, and the system recognized the activity and displayed the intended abort codes on the user interface, stated the team.
On an X post, SUI wrote, “We stress-tested the prototype against three malicious agent behaviors:
1. Over-budget attempts
2. Interacting with unapproved merchants
3. Faking transaction categories
The UI surfaces the exact on-chain abort codes.
SUI price slips off course
As shown in the chart above, SUI has crashed below the multi-year trendline. Although SUI has breached this level, it is quite negligible as there is not much deviation from the original trendline. When such a long period is taken into consideration, a small deviation from the trajectory is not considered a fallout from the path but just a slip, which could be recovered in just a few days.
