Sui rolls out gasless stablecoin transfers on May 20, 2026; SUI holds above $1

Sui introduced protocol-level gasless transfers for supported stablecoins on May 20, 2026, enabling $0.00-fee sends without users needing to hold SUI for gas. The update was followed by a 7.11% 24-hour price jump and a 48.46% volume increase to $734.6 million, while SUI later retraced part of the move. As of May 22, 2026 (09:37 UTC), SUI traded at $1.1032 and was down -1.81% on the week.