Sui Set to Launch Private Transactions by 2026

In a recent announcement, Mysten Labs co-founder and chief product officer Adeniyi Abiodun revealed that Sui Network plans to introduce groundbreaking “private transactions” by 2026. This move positions privacy as a crucial factor for mass adoption of on-chain payments, especially in compliance with evolving regulations.

On the social media platform X, Abiodun excitedly shared: “Private transactions are on their way to Sui Network in 2026. Expect more updates soon!” The official Sui account echoed this sentiment, indicating that the future holds promising developments in private transactions.

Sui Set To Launch Private Transactions By 2026

Anticipating Private Transactions on SUI by 2026

During a brief video address, Abiodun expressed that the widespread adoption of payments systems requires a foundation of privacy. He stated, “It’s unrealistic to achieve mass acceptance of payment solutions without incorporating privacy features.” Previously, Mysten Labs had dedicated efforts to integrate privacy components prior to the mainnet launch, but decided to postpone this feature due to the complex landscape surrounding privacy issues.

One significant point made by Abiodun was the assertion that privacy would not merely be an optional add-on for applications. “In 2026, private payments will be integrated into Sui, ensuring that users benefit from inherent privacy in their on-chain transactions without needing to opt-in,” he stated. He envisions a platform where online transactions are as free as possible, all while aligning with regulatory standards.

Abiodun characterized the upcoming functionality as “first-class primitives” deeply embedded within the protocol, indicating a robust infrastructure for other developers to leverage. “This protocol will be universally accessible, not limited to specific applications,” he explained, noting that while there will be options for tailored solutions, privacy is treated as a top priority.

Moreover, he outlined a model for user-controlled data sharing, promoting a default privacy stance while allowing selective visibility of on-chain activities. “We believe users should have the right to keep their transactions confidential, sharing details only with authorized parties,” he elaborated, suggesting a system where transparency is not a requirement dictated by the blockchain’s base structure.

While Abiodun did not disclose specific cryptographic methods for implementation, he emphasized the importance of catering to enterprise needs in addition to consumer-level privacy features, indicating a comprehensive approach to privacy innovation.

Is the SUI Price on the Rise or in Decline?

As this announcement unfolded, it entered a market already marked by mixed sentiments surrounding SUI. Notable crypto analyst Michaël van de Poppe remarked on the disconnect between ecosystem growth and asset price. He referred to Sui as “one of the most robust ecosystems in crypto,” highlighting its burgeoning fundamental value.

“There exists a vast gap between market price and true valuation. The total value locked is near $1 billion, with more applications being launched, and the Walrus community continuing to grow. Robinhood recently listed SUI, and Coinbase users in New York can now purchase it. When the market shifts positively, funds are likely to revert to top performers, making SUI a strong contender,” he claimed.

Sui Price Analysis

Conversely, some analysts remain skeptical. Nebraskangooner, a crypto expert on X, recently stated, “With significant resistance ahead, this may yet be another fading altcoin.”

Sui Price Analysis

As of the latest updates, SUI is trading at approximately $1.44.

Sui Price Chart

Emily Walker
Crypto News Editor

Emily brings structure, clarity, and journalistic integrity to Bitrabo’s daily news coverage. With years of experience in tech journalism, she ensures that every headline, update, and developing story is accurate and impactful. From breaking regulatory news to market movements, Emily’s editorial oversight keeps Bitrabo’s news content timely, trusted, and engaging.