Mysten Labs’ SEC Talks Spark SUI Price Outlook With Breakout Targets at $3.80–$4.60

• Mysten Labs met with the SEC Crypto Task Force to discuss crypto regulation 
• This meeting comes ahead of an October privacy hearing.
• SUI trades at $3.52, consolidating after breaking out of a falling channel.

On Tuesday, Mysten Labs, the team behind the Sui blockchain, met with the US Securities and Exchange Commission’s (SEC) Crypto Task Force. 

The discussion focused on the regulation of crypto assets, weeks before the SEC’s high-profile financial privacy and surveillance hearing set for October 17.

Sui Network Ecosystem Gains Traction

ETF Store President Nate Geraci shared the meeting details, describing Mysten Labs as “a leading multi-blockchain technology company focused on building secure, scalable infrastructure for decentralized applications.”

Its flagship project, the Sui Network, boasts high performance, low latency, and advanced security while the $12.6 billion worth SUI token has already printed more than 8% in …

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