October 12th 2026, 2:00 AM
Sui Foundation Pivots $30M Investment in DATA Network Upgrade
Key Summary
The Sui Foundation has made a significant investment in DATA Network, aiming to upgrade the protocol to run natively on Sui, marking a shift towards a more integrated ecosystem.
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Background of the Investment
The Sui Foundation has committed $30 million to DATA Network, a move that will see the protocol upgraded to run as a native application on the Sui blockchain.Implications of the Upgrade
The upgrade will mark a significant shift in the way DATA Network operates, with its independent chain set to be retired in favor of a more integrated approach.Future of the Ecosystem
The upgrade is seen as a key step towards the development of a more cohesive ecosystem, with the Sui Foundation and DATA Network working together to create a seamless experience for users.#Sui#US#DATA#AI#Blockchain