Investment
Features
FeesSafety
Academy
More
Pluang+

Sui Foundation invests $30M to move DATA Network onto Sui, but SUI price dips over 5% near $1 level

Market News
12 Oct 2026
AMBCrypto
View Source
Bearish
Sui Foundation invests $30M to move DATA Network onto Sui, but SUI price dips over 5% near $1 level

Sui Foundation has invested $30 million to transition DATA Network's blockchain and applications onto the Sui Network, making Sui its largest institutional investor. DATA Network, which helps companies source and track AI training data, will cease its independent blockchain, migrating tokens one-to-one onto Sui. Despite this strategic move, SUI's price dropped over 5%, falling close to the key $1 support level, with no immediate buying surge seen. The migration is expected to boost long-term activity on Sui rather than cause short-term price gains, with further timeline details pending.

SUI trades at Rp18.531 on Pluang as of Oct 13, 2026 08:42 WIB, down 7.59% in one day. Its market cap stands at Rp76,02 trillion with a 24-hour volume of Rp12,22 trillion. Pluang users show balanced interest, with 52% buying and 48% selling, and a typical hold time of 38 days.

More News (SUI)

Sui token targets $1.41 with key support at $1.00-$1.08, potential 32% gain if resistance levels cleared.

Sui token targets $1.41 with key support at $1.00-$1.08, potential 32% gain if resistance levels cleared.

The Sui (SUI) token is projected to reach $1.41, representing a potential 32.19% gain from its current price of $1.0666, contingent on maintaining support between $1.00 and $1.08. Key resistance levels are identified at $1.18 and $1.30, and the setup...

Analyst Insights
Bullish
1 day ago
SUI token dips to $1.10 amid weak momentum and futures selling ahead of Hashi mainnet launch.

SUI token dips to $1.10 amid weak momentum and futures selling ahead of Hashi mainnet launch.

SUI traded near $1.10 on Oct. 11, down 1.65% in 24 hours due to increased selling and weaker short-term momentum. It stayed below key short-term moving averages but above longer-term averages, indicating mixed signals. Futures open interest on Binanc...

Technical Signals
Neutral
1 day ago
SUI token surges 54% in a month, beating Bitcoin and Ether amid strong DeFi growth and new products.

SUI token surges 54% in a month, beating Bitcoin and Ether amid strong DeFi growth and new products.

SUI, the native token of the Sui Network, rose about 54% over 30 days ending early October 2026, outperforming Bitcoin and Ether during a market recovery. This rally was supported by a 15.5% increase in DeFi deposits, a new institutional yield produc...

Protocol Fundamentals
Bullish
2 days ago
SUI token jumps 54% in four weeks, outperforming Bitcoin and Ether

SUI token jumps 54% in four weeks, outperforming Bitcoin and Ether

The SUI token surged by 54% over the past four weeks, significantly outperforming major cryptocurrencies Bitcoin and Ether during the same period. This strong performance highlights growing investor interest in SUI compared to more established digita...

Market News
Bullish
2 days ago
SUI token rises 4% nearing key resistance at $1.14 amid steady trading volume.

SUI token rises 4% nearing key resistance at $1.14 amid steady trading volume.

SUI, the native token of the Sui blockchain, increased by 4.02% to $1.12, approaching a short-term resistance zone around $1.14. The token's trading volume on Binance was about $50.57 million over 24 hours, with technical indicators suggesting potent...

Technical Signals
Bullish
2 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App