I think that there are a lot of options for reducing friction wear. My first thought would be to put wheels between the tube an its supports (attached to the supports, not the tube).
So now you have wheels, bearings, preload springs, hinges, travel arms, etc. Instead of a big piece of plate that is welded to the tube and bolted to the foundation you're talking about a big apparatus with moving parts and precision bearings. The plate and welding might cost $500 per. The other might cost $20k apiece. A person can buy a lot of rebar and concrete and forms and whatnot for $20k.
If that is too complicated, just put in replaceable slide plates. More regular maintenance, but fewer moving parts.