By the wind: the end of Sui ecology 2025

Sui drew a colored ink in his encryption in 2025.

This year,$SUI It's a record high price. Decentralised storage protocol, Wallus. @WalrusProtocol The main line, DeFi, is expanding rapidly and working with Google to launch the smart agent payment standard AP2...

As the year 2025 draws to a close, let us together look back at Sui's good performance during the year.

Recalling the past is not a matter of credit, but a way to build the future by taking stock of experience!

Spring of data storage: Quarterly Wallus main line

January-March 2025MystenLabs @Mysten_Labs Announce a new decentrized storage protocol# Wallus #and27 MarchOfficial access to the main network.

As an independent PoS chain based on the Sui Coordination Level, the aim of Wallus is to subvert traditional chain storage patterns. It was seen as a direct challenge to storage projects such as Filecoin and Arweave.

The greatest highlight of Wallus lies in cost and programmability: using state-of-the-art decodering techniques, a four-to-five-fold data redundancy is needed to ensure high availability, a significant reduction in storage costs compared to the 100-fold and 500-fold redundancy of Filecoin in Arweave. Data comparison shows a one-year cost of storing 1TB data.Arweave Treaty$3,500, Filecoin$200?$1,000, and Walrus only about$Fifty.

This cost advantage, nearly 100 times, makes it well suited to store large-scale data that require frequent access, such as AI models, large game assets, etc.

More importantly, Walrus has achieved data programmability: through in-depth integration with Sui ' s smart contract, developers can read and write the data stored by Walrus directly on the chain, achieve dynamic data management and trigger chain behaviour, making Walrus a truly programmable top chain memory.

For example, Walrus supported the deletion or modification of stored data (only the memory Blob, which is kept in the chain) and addressed the pains of traditional solutions.

As a result of these innovations, Wallus has provided an entirely new solution to such scenarios as enterprise compliance data management and NFT metadata hosting. In economic models, the design of Walrus also creates synergies with Sui:Every time the data is stored on the Wallus, metadata objects are generated on the Sui main web site and Sui fuel charges are paid, which means that the use of Walrus will be converted to the need for Sui tokens.

Thanks to the excellent structure of Wallus, the ecological boom around which it is built. Take the example of Tusky on the Internet.The next generation of Dropbox, which was built by Wallus, has reaped a high level of interest from Sui ecological participants.

DeFi's summer drink Sui: Stabilizing currency and cross-chain eco-exploitation

In April-June 2025, Sui entered a period of rapid expansion of the DeFi ecology, with high levels of chain assets and transactions.

In the second quarter, Sui's total lock value (TVL) broke down on May 21st.$25.5 billion and maintained at most thereafter$More than 2 billion.

This number represents a sharp increase over the end of the quarter, confirming the growing flow of funds and users to the various DeFi platforms on Sui. Meanwhile, according to DeFiLlama data, Sui is the number one in the year of DeFiTVL.

In many star projects, Suilend @suilendprotocol , navi Protocol @navi_protocol And Bluefin. @bluefinapp It built Sui's DeFi moat. In the case of Suilend, the asset was targeted at once.$The $295 million, which provides a full range of services in terms of lending, borrowing, trade convergence, etc., became the real DeFi pillar of Sui.

Not only does Suilend support the pledge of Sui in exchange for a liquid equity token, such as s Sui, SpringSui, which is used by the user side, but the isolation of the lending pool mechanism it uses also improves financial security, even if there are risks to individual pools.

In October 2025, in the midst of a very volatile liquidation of the market, Suilend operated as usual and remained stable, winning the trust of its users.

At the same time, the area of derivatives trading, represented by Bluefin and others, on the centralization exchange, also flourished on Sui. Bluefin has provided a millisecond trading experience of a centralized platform, taking full advantage of Sui ' s parallel implementation and low delay advantage, since 2024, when he moved from the second floor to Sui.

In the first half of 2025, Bluefin successively introduced BluefinX quote exchange (RFQ) products, upgraded the Spot 2.0 blending market mechanism and acquired the technical line Bluefin 7K of the 7K trade polymer, which achieved one-stop polymerization liquidity.

While DeFi flourished, Sui wasStable currencyImportant progress has also been made in the area. In the first half of 2025, Sui achieved it through Circle supportUSDC original issueThis allows USDC to form and circulate directly and quickly on the Sui main network.

This initiative has been very effective: by the end of the second quarter, USDC, which is circulating in the Sui chain, had reached approximately $775 million. In addition to USDC, other stable currencies on Sui, such as USDT, FDUSD, AUSD and others, have been introduced, stabilizing the overall market value of the currencies, thereby consolidating the basic liquidity of DeFi applications.

More notably, Sui Foundation works with Ethena. @ethena_labs It was announced that Sui's original stability currency: SuiUSDe and USDi would be released by 2025. Of these, suiUSde provides earnings for the holders (like interest-bearing dollars) and USDI is a net stabilizer of zero gains, both of which aim to reduce ecological dependence on USDC and broaden the choice of financial instruments on the Sui chain.

Ethena owns almost as a partner.$A 14.8 billion dollar USDe agreement background.This made Sui the first non-EVM chain network to carry such high-yield stabilization currency.

AI in Deep Autumn: Sui's smart agent rises, and Google leads the wave.

In July-September 2025, Sui Ecology began to create a spark with artificial intelligence and the Web2 giant, and the block chain was on stage not only as a financial infrastructure but also as an executive platform for smart agents.

September, Google was officially released.Agent Payment Agreement (AP2)This is an open payment standard for the future AI proxy economy.

It is a matter of concern.MystenLabs (the Sui's initial development team) participated in the development of AP2 as the first partner.AP2 aims to address issues such as how to secure authorization, certification of agency conduct and clear attribution of responsibility when AI agents can perform transactions in the user's place.

As part of AP2, Google has also launched a special expansion for encrypted currency: the A2Ax402 agreement, in collaboration with Coinbase, the Etherwood Foundation, MetaMask and others. Here.The extension of x 402 to AP2 introduced support for stable currency and chain-encrypted payments, enabling AI agents to make direct use of chain assets to complete transactions.

In other words, in the framework of AP2+x402, future digital intelligence bodies can seamlessly access the wallets on the chain and settle them with encrypted assets such as USDC, ETH or SUI, thus integrating traditional payments and block-chain payments.

Sam Blackshead, co-founder of MystenLabs, commented:AP2 combines the programmable capacity to pay of modern block chains (e.g. Sui) with open agreements such as A2A, MCP and others, to become the perfect basis for real-world smart-agent commerce.

In addition to a breakthrough in industry standards, in the third quarter the Sui ecology also made substantial progress in AI and chain smart body applications. It started in February. @Talus_Labs Project officially landed Sui:Talus is a platform for a chain-oriented AI smart body that allows developers to deploy autonomous DCOs for automated trading strategies, GameFi games and even decentralised autonomous organizations (AIDAOs).

This is why Talus chose Sui.It is precisely because Sui ' s parallel implementation engine provides a high-volume, low-cost chain operating environment that allows AI agents to make real-time decisions and implement without fear of network congestion.

In mid-2025, Talus announced the deployment of its core Nexus smart body framework and its first AI consumption-level application, Idol.fun, to the Sui main network and its integration with the depth of the newly launched Wallus storage layer of MystenLabs.

With the help of Wallus, Talus ' AI smarts can store the large machine learning models, training data, etc. required under the chain but hosted by Wallus, not only taking up the main chain resources, but also making it available for use to achieve a true chain AI.

This one.Walrus and Talus.Considered an important step in Sui's move to the era of the chain: through Sui's high-speed implementation and Walrus' mass storage, developers can build unprecedented structures.Chain Smart ApplicationIt covers several new and emerging areas such as DeFi, play, and social networking.

As the AP2 standard, the Talus smart body and the Wallus data network converge in Sui, it can be expected that it will be the first time that the data network will be available.Sui is expected to become an important carrying platform for the AI proxy economy, and a leader in the chain of encrypted smart agents.