SUI Crypto Up +2% Following $30M DATA Network Investment
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
Cryptonews
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Oct 12, 2026 at 9:44 AM UTC · 3 Min. Lesezeit
Key Signal
$30M DATA Network investment
Last Updated
vor 4 Tagen
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Ahmed Barakat
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Ahmed Barakat
Part of the Team Since
Mar 2024
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Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
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CryptoNews Editorial Team
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The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for...
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SUI crypto trades at $1.12, up +2.2% over 24 hours, as traders weigh a sharp recent rebound against overhead resistance. The Sui Foundation’s $30M investment in DATA Network adds an AI-data catalyst, but the key question is whether ecosystem news can help sustain a move above $1.15.
Under the partnership, DATA will retire its independent chain and migrate its existing token to a Sui-native protocol on a 1:1 basis. Walrus becomes the default storage layer for DATA applications, while Trace tracks AI-training-data provenance and usage rights.
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