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DATA Network shuts down its own chain, moves to run natively on Sui with $30M support from Sui Foundation.

Protocol Fundamentals
11 Oct 2026
Crypto Briefing
View Source
Bullish
DATA Network shuts down its own chain, moves to run natively on Sui with $30M support from Sui Foundation.

DATA Network, formerly Story Protocol, is retiring its independent blockchain to operate natively on the Sui platform, supported by a $30 million investment from the Sui Foundation. The project is shifting focus from programmable intellectual property to verifiable AI training data and will integrate with Walrus Protocol for decentralized storage. This migration reflects a broader industry trend of chains competing for applications and users, with implications for token holders and developers as they adapt to Sui's unique programming environment. The move aims to enhance data provenance, licensing, and auditing services in AI development.

The Sui Foundation's $30 million commitment to DATA Network's migration to the Sui platform offers context for readers following blockchain developments. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 12, 2026 09:21 WIB: out of 50 major cryptocurrencies, 38 rose and 10 fell today. Notable movers include XTZ (Tezos) at Rp5.747 with a 7.42% increase and 100% buy order activity, ALGO (Algorand) at Rp2.266 with a 7.14% increase and 58% buy order activity, and AVAX (Avalanche) at Rp195.687 with a 6.00% increase and 71% buy order activity.

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