With over four years of experience in covering and tracking the financial markets, Sneha Agrawal is a dedicated Crypto Journalist and Editor with passion for researching and writing the crypto pieces. She is currently leading the Block of Fame, here at CoinGape. She likes to keep track of political, legal and financial happenings all around the world - without which she deems her day incomplete. Apart from her Journalistic endeavours, she is a solo traveler, museum goer, and a keen reader of books.
Sui Network’s market capitalization has recently climbed above $4 billion, drawing renewed interest from traders. Investors are now watching the native SUI token with hopes of a return to the $1.05 resistance level, which sits within a crucial supply zone. A rejection at this point would likely see SUI drop below $0.95, with further declines toward the $0.88 support area seen as possible in the short term.
Elliott Wave analysis and market sentimentAnalyst Laurenco outlined that the Sui chart, mapped using Elliott Wave theory, shows critical levels as the token works through late-stage corrective patterns. The Elliott Wave notations (3), (4), and (5) on SUI’s 3-day chart support this view, marking areas where previous price extensions and retracements have occurred.
Immediate support is positioned around $0.95, while $1.05 remains the primary resistance threshold in the near term.
Historical projections from the same analysis framework indicated potential price moves into the $3–4 range, labeled as the (A) wave in earlier posts. Looking further ahead, Laurenco has referenced long-term cycle targets between $12 and $15, derived from fractal and cycle-based analysis. The analyst noted, however, that profit-taking would likely intensify if prices enter the $9–11 bracket.
Laurenco’s assessment of the bear market psychology phase underlines how repeated retracements have triggered skepticism and quick sell-offs among market participants, leading to a challenging environment for bullish momentum.
At press time, SUI trades at $0.9869. Should bullish interest defend recent gains, the token could soon retest resistance at $1.05, signaling possible continuation if buying activity intensifies.
During the last 24 hours, Sui has seen turnover jump 22.07%, with trading activity reaching $897,366,472. This surge in volume signals persistent engagement from traders but does not decisively indicate sustained buying, as high volume can also result from active selling or speculative trades.
Futures data and trading volumesIn derivatives markets, sentiment appears split. Data from major cryptocurrency exchange Binance reveals that bullish positions have outpaced short-sellers, doubling in volume at certain intervals. However, aggregated futures data from analytics platform CoinGlass shows the broader market’s long-to-short ratio has dropped to approximately 0.90, pointing to cautious or even negative sentiment overall.
ExchangeLong to Short RatioSentimentBinance2:1Bullish bias in short termAll exchanges (CoinGlass)0.90:1Generally bearishThese figures suggest that while certain trading platforms reflect optimism, the broader market remains wary. High trading activity and the split between bullish and bearish stances signal that SUI’s short-term direction could hinge on whether the $1.05 resistance breaks or holds.
Sui Network is a layer-1 blockchain platform designed for fast and scalable decentralized applications. Its native token, SUI, facilitates network security, staking, and on-chain transactions.
Mini dictionary: Elliott Wave Theory, a popular technical analysis method, identifies recurring wave patterns and investor psychology cycles in price charts, commonly used to predict potential support, resistance, and reversal levels in financial markets.
While activity on Sui remains high, analysts and traders continue to monitor whether the current momentum will be enough to sustain a breakout above the major resistance point.
Sui Technical Analysis: Can $1 Be ReclaimedGlobal Events That Could Propel SUI to New HighsGoogle Gemini AI Predicts a Wild SUI Move: The Big Reveal
Something potentially explosive could be building for Sui (SUI) by January 1, 2027, according to Gemini. Google Gemini AI predicts that in an intentionally extreme, over-the-top scenario built around a hypothetical landmark catalyst, SUI price could be set for a historic move over Q4 and into 2027.
The concept centers on a major consortium of global gaming studios, social platforms, and consumer technology companies that have officially chosen Sui as the primary high-throughput blockchain for next-generation on-chain games, real-time social applications, and mass-market consumer experiences.
Under this framework, hundreds of millions of users would engage with Sui-powered applications daily, driving unprecedented transaction volume and establishing SUI as fundamental infrastructure for the mainstream consumer crypto economy.
(SOURCE: Google Gemini AI Predicts a Huge Move for SUI)
Sui Technical Analysis: Can $1 Be Reclaimed
Away from the Google Gemini AI predicts SUI price, on the higher timeframes, SUI has been consolidating near the $0.98–$1.05 region after a broader pullback from higher levels earlier in the cycle. Price continues to hold above key intermediate supports while facing resistance around the $1.10–$1.20 zone.
In a standard bull market, a sustained breakout above $1.50–$2.00 would confirm intermediate strength and open the path toward higher cycle targets and a longer-term recovery toward the prior all-time high near $5.35.
Under the extreme mass-consumer gaming and social adoption scenario outlined above, clearing significant resistance levels would likely trigger powerful measured-move extensions and multi-cycle Fibonacci projections from the longer-term base.
Momentum indicators currently sit in neutral territory with considerable room to run into the extreme overbought readings typical of parabolic advances. Key nearer-term supports sit near $0.95–$0.98 and $0.85–$0.90; holding those levels would keep the broader recovery structure intact.
DISCOVER: Next 1000x Crypto Plays for 2026 and Beyond
Global Events That Could Propel SUI to New Highs
Beyond Sui-specific developments, several major global events could provide a powerful tailwind for the broader crypto market. A durable end to the Russia-Ukraine war would reduce geopolitical risk premiums and free up capital currently sidelined by uncertainty.
A lasting ceasefire between Iran and the United States, combined with the permanent reopening and normalization of shipping through the Strait of Hormuz, would ease energy price volatility and improve global risk appetite.
Additional positive catalysts could include a clear pivot by major central banks toward more accommodative monetary policy, resolution of other regional conflicts, or breakthrough international agreements that reduce trade fragmentation.
Any combination of these would likely drive liquidity back into risk assets, amplifying upside across crypto.
Google Gemini AI Predicts a Wild SUI Move: The Big Reveal
Under this highly speculative scenario, and assuming a full-blown crypto bull market returns alongside supportive global developments, Sui (SUI) could reach somewhere between $25 and $45, with a stretch target toward $70+ by January 1, 2027.
This remains pure speculation and entertainment, not a realistic base-case outlook. The catalyst would require extraordinary coordination among major gaming, social, and consumer technology companies that is currently highly unlikely.
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Alex Ioannou
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Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex...
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Short-term Bitcoin holders’ unrealized profit stands at 9.5%, with new capital gradually flowing back, its proportion climbing to 11.2%.
Crypto analyst Axel Adler Jr. noted in a post that as of October 21, the share of funds from new investors in the Bitcoin network has climbed from the year-to-date low of 6.6% on July 5 to 11.2%, a sign that new capital is gradually flowing back, though the inflow remains below the levels that topped 20% in 2024 and 2025. Currently, Bitcoin is trading at roughly $82,300, with short-term holders’ average cost basis at $75,100, translating to an overall unrealized profit of around 9.5%. This cohort has been in profit for 63 straight days since August 20, with the unrealized profit ratio hitting a peak of 16% on October 5. Should the new investor fund share break above 11.5%, it would signal further strengthening of buyer demand; a drop back below 10%, meanwhile, would point to a possible stall in new capital inflows. If Bitcoin falls below $75,100, short-term holders as a whole will flip to losses, and the associated selling pressure may rise accordingly.
1 hours ago
Samsung Electro-Mechanics has secured a combined investment of 3.7 trillion won from Tesla and NVIDIA, and will expand its AI chip substrate production line.
According to South Korean media reports, Tesla and NVIDIA will invest 1.1 trillion won and 2.6 trillion won respectively, totaling around 3.7 trillion won (approximately $2.5 billion), to support Samsung Electro-Mechanics’ expansion of next-generation FC-BGA (Flip Chip Ball Grid Array) substrate production facilities. Samsung Electro-Mechanics will set up a dedicated production line at its Sejong plant for Tesla; the substrates manufactured will be used in AI chips for Tesla’s autonomous vehicles and its Optimus humanoid robot. The relevant long-term supply agreement spans five years, from 2029 to 2033. NVIDIA, meanwhile, plans to invest in the expansion of Samsung Electro-Mechanics’ Sejong and Busan plants to produce AI computing chips and data center network substrates. Samsung Electro-Mechanics targets completing factory construction by the end of 2027, launching mass production in the second half of 2028, and commencing supply to Tesla in 2029. FC-BGA is a critical packaging substrate for high-performance chips including AI accelerators, GPUs, and CPUs. As AI chip computing power rises, the supply of such substrates has emerged as a key bottleneck in the industry chain. The partnership is expected to help Samsung Electro-Mechanics scale its high-end substrate production capacity and secure long-term customer demand.
1 hours ago
Whale Tracking: Crude oil’s largest long position holder turned a loss into a profit, with intraday gains up $1.2 million.
According to TradingBeats' monitoring, as international oil prices rebound, a Hyperliquid whale topping both WTI and Brent crude long positions has turned a nearly $50 million position from loss to profit, with an intraday unrealized profit improvement of around $1.27 million. The whale holds combined long positions of the two oils totaling approximately $49.97 million, with an unrealized profit of about $309,200. Around midnight today, the two positions had a combined unrealized loss of roughly $958,900; as oil prices recovered, the unrealized profit improved by around $1.2682 million. Breakdown of the long positions: WTI long positions amount to approximately $29.89 million at an average price of $98.9, generating an unrealized profit of about $145,400; Brent crude long positions stand at roughly $20.07 million at an average price of $106.6, yielding an unrealized profit of around $163,800. The account’s current equity is approximately $17.11 million, with a nominal contract exposure of roughly $49.97 million and an actual leverage ratio of about 2.92x.
1 hours ago
Rising risk aversion grips global markets: South Korean stocks dropped over 4%, Bitcoin fell more than 2.7%, and Brent crude oil surged past $111.
Against the backdrop of rising Middle East tensions and mixed tech earnings results, global market risk sentiment has cooled. The Korea Composite Index fell over 4%, SK Hynix dropped more than 5%, and Samsung Electronics declined over 4%; the Nikkei 225 index fell around 2.65%, while the MSCI Asia Pacific index slipped 1.72%, hitting its lowest closing level since the end of July. In U.S. markets, Nasdaq futures fell 1.5% and S&P 500 futures declined 0.8%.
In energy markets, Brent crude rose 2% to $111 per barrel. The U.S. State Department ordered non-emergency diplomatic personnel and their families at its Saudi Arabia embassy to evacuate, further stoking concerns over escalating Middle East tensions and disrupted oil supplies. Risk-off sentiment pushed U.S. Treasury prices higher: the 30-year Treasury yield fell 3 basis points to 5.38%, the U.S. dollar dropped 0.5% against the Japanese yen to 157.34. Precious metals also weakened: spot gold fell 1.04% to $4,097 per ounce, and spot silver declined 3.21%, briefly dipping below $56 per ounce. Bitcoin dropped over 2.7% on the day to around $82,200.
In tech stocks, Tesla fell 3.3% in after-hours trading after cutting its capital expenditure forecast; Meta rose 2.14% in after-hours trading following an upward revision to its AI-related spending outlook; Lam Research dropped 7.21% in after-hours trading due to weaker-than-expected performance guidance. Market scrutiny of AI investment returns and commercialization prospects continues to intensify, as investors shift focus from capital expenditure size to evaluating actual performance and monetization capabilities.
1 hours ago
Marathon Fusion has successfully achieved the "mercury-to-gold" alchemy, which could disrupt the fundamentals of gold in the medium to long term.
US private nuclear fusion startup Marathon Fusion announced in a post early this morning that it has successfully achieved high-efficiency alchemy: converting mercury into real, stable gold. According to its video presentation, Marathon Fusion uses beam-driven fusion technology to transform mercury-198 into mercury-197, which decays into stable gold-197 after roughly 64 hours; the process also breeds tritium and generates electricity. Lab simulations indicate that each GWth can produce over 2 tons of gold annually, potentially doubling the economic value of power plants. Market analysts pointed out that the technology remains in the small-scale laboratory demonstration phase, with output far from commercial levels, so it has almost no material impact on gold in the short term. However, if the technology matures and is commercialized in the future, it theoretically has the potential to disrupt gold market fundamentals. Public information shows that Marathon Fusion is a San Francisco-based private nuclear fusion startup founded in 2023, focusing on full-stack nuclear fusion research and dedicated to solving the fuel cycle challenges of fusion reactors.
1 hours ago
All Phase 4 staking pools for Renaiss's Earn collectible card staking yield product are fully subscribed, with a total of 1,593 Pokémon cards staked, valued at over $200,000.
Renaiss Earn is a staking yield product launched by Renaiss, a physical collectibles tokenization protocol built on BNB Chain. After physical collectible cards are authenticated, custodied, and tokenized, holders can deposit the on-chain assets corresponding to eligible cards into staking pools to earn USDT yields per relevant rules, generating returns during their holding period without selling the cards. According to Renaiss, the first-phase staking pool was fully subscribed just 30 minutes after launch. All four current staking pools are now fully subscribed, with a total of 1,593 collectible cards staked, valued at over $200,000. The four staking pools all offer an annual percentage yield (APY) of 48% with a 60-day lock-up period. As a tokenization infrastructure for physical collectibles, Renaiss converts physical collectibles into programmable on-chain assets via authentication, custody, and tokenization, providing foundational support for the collectibles market in asset onboarding, circulation, and integration with financial applications. Building on this, Renaiss has developed features including trading, verifiable draws, and staking yields, expanding the on-chain use cases of physical collectibles.
DATA, backed by Andreessen Horowitz’s crypto investment arm a16z, is undergoing a strategic shift that could send shockwaves through the crypto sector. The startup, formerly known as Story Protocol, has decided to shut down its own first-layer blockchain, which it had developed over the years, and continue its operations on Sui.
The company has reportedly raised approximately $140 million in funding since its inception. Despite this, management concluded that maintaining an independent blockchain required engineering, validator, security audit, and infrastructure costs, making it difficult to focus on the core product. As part of the transition process, the Sui Foundation will invest $30 million in DATA.
DATA initially aimed to license intellectual property, including music rights, patents, and trademarks, across the blockchain. The company later acknowledged the difficulty of disrupting the established structure of these markets and shifted its focus to AI training data.
At the heart of the new strategy is a logging system called Trace. Trace aims to record who provides the video, audio, and other data used to train AI models, under what permissions it can be used, and its licensing history. According to the company, between 3 million and 4 million contributions are added to the system daily through the shared platform Kled. However, this figure does not mean that all of this data generates licensing revenue.
The existing DATA tokens are planned to be migrated to the Sui network on a one-to-one basis. While it has been stated that vesting schedules and existing token holders’ rights will be preserved, the old network will continue to operate until the transition is complete. Therefore, the shutdown and token migration are not expected to happen all at once.
*This is not investment advice.
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Bitcoin falls below $83,000, down over 2% from its early morning high.
According to HTX market data, Bitcoin has fallen below $83,000, dropping more than 2% from its early morning peak and currently trading at $82,930.
9 minutes ago
Over the past 12 hours, $213 million in crypto liquidations hit the network, with both long and short positions liquidated.
According to Coinglass data, total liquidations across the crypto market reached $213 million in the past 12 hours, with long-position liquidations amounting to $112 million and short-position liquidations totaling $101 million.
9 minutes ago
Binance Square kicks off the second phase of the US stock earnings season, focusing on AI investment returns of Tesla and Meta.
Binance Square has launched the second installment of its U.S. stock earnings season coverage, with this edition focusing on Tesla (TSLA) and Meta (META)’s third-quarter financial results. Both companies will release their results after U.S. market close on October 21 (Eastern Time), with market focus centered on whether their artificial intelligence (AI) investments can translate into actual revenue, profits, and cash flow.
For Tesla, while its third-quarter delivery volume hit 486,532 units, exceeding consensus analyst expectations, the profitability of its automotive business remains a key highlight—particularly its automotive gross margin excluding regulatory credit revenue. Additionally, the performance of its energy storage business, progress in commercialization of Full Self-Driving (FSD), Robotaxi, and Optimus humanoid robot, as well as capital expenditures and free cash flow, will also shape market perceptions of its growth outlook.
For Meta, the market will prioritize ad business growth and returns on AI investments. Investors will monitor revenue, ad impressions, and average price changes to assess whether Meta’s AI recommendation systems and ad tools can boost monetization efficiency. Separately, Meta projects its 2026 capital expenditures will reach $130 billion to $145 billion. Whether this spending will drive corresponding profit and cash flow growth, along with full-year expenses and forward guidance, are key highlights of this earnings report.
It is reported that Binance Square will continuously follow both companies’ earnings performance via formats including earnings previews, post-release analyses, and analyst live streams in Chinese and English. Users can follow Binance Square’s dedicated earnings topic and join discussions via the hashtag #EarningsSeason to share their views on earnings results and market trends.
9 minutes ago
Aerodrome and Velodrome officially merge to launch unified on-chain DEX Aero.
Aerodrome and Velodrome have officially completed their merger, launching a unified on-chain spot trading platform called Aero. The new platform will operate across seven networks: Ethereum Mainnet, Base, Robinhood Chain, Ink, OP Mainnet, Arc, and Arbitrum, integrating the operations of the two decentralized exchanges into a single platform. The core focus of the merger is the unification of the token system. Original AERO and VELO tokens will be migrated to the new AERO token, with old AERO swapped at a 1:1 ratio, and VELO converted at a rate of 1 VELO = 0.044 AERO. Existing veAERO and veVELO staked positions will be converted to sAERO. Binance announced on October 16 that it supports the token merger and contract swap, providing a migration path for existing holders. Prior to the merger, Aerodrome and Velodrome already held leading positions in their respective ecosystems: in Q3 2026, Aerodrome accounted for 58% of DEX trading volume on Base, while Velodrome captured 60% of DEX volume on OP Mainnet. Aerodrome also ranked first among all DEXs in Bitcoin-USD trading volume during the same period. The seven networks covered by Aero collectively handle approximately $120 billion in monthly DEX trading volume.
9 minutes ago
Whop Raises $200 Million Series D Round Co-Led by Sequoia and Shopify Ventures, Valued at $5.1 Billion
Online business platform Whop announced on October 21 that it has closed a $200 million Series D funding round, with a post-money valuation of $5.1 billion. The round was co-led by Sequoia Capital and Shopify’s investment arm, Shopify Ventures. Some market reports have cited the funding amount as $205 million, but the official figure from the company’s announcement is $200 million. This financing comes less than a year after Whop’s previous funding round. In February 2026, Tether made a $200 million strategic investment in Whop at a $1.6 billion valuation, meaning the company’s valuation has more than tripled in under a year. Headquartered in Palo Alto, Whop was founded in 2021 by three co-founders who met as teenagers while developing sneaker release tracking software. Co-founder Steven Schwartz serves as CEO. The platform caters to individual entrepreneurs and small businesses, offering one-stop infrastructure covering business setup, payment distribution and operational tools. Currently, around 25,000 merchants conduct business via Whop, generating approximately $550 million in monthly transaction volume on the platform, while also creating income streams for over 50,000 related service providers. Its revenue mainly comes from commissions on platform transactions, with an average combined rate of around 6%.
9 minutes ago
Robinhood officially establishes its presence in Dubai, selecting the Dubai International Financial Centre (DIFC) as its Middle East regional headquarters, with its license application to the Dubai Financial Services Authority (DFSA) also in progress.
Robinhood’s Middle East expansion has shifted from planning to tangible implementation. According to multiple sources, the firm has selected the Dubai International Financial Centre (DIFC) as its regional headquarters for the Middle East and North Africa (MENA) region, and submitted a Category 4 license application to the Dubai Financial Services Authority (DFSA) to secure regulatory approval for offering trading services in the UAE. If approved, Robinhood will serve clients in the UAE and across the broader MENA region, with its operational base located at DIFC.
This article was automatically generated using Dow Jones technology. All major cryptocurrencies were down at 10 a.m. Hong Kong time, with Avalanche seeing the biggest move, falling 3.2% to $9.52. Sui declined 2.6% to $1.02, and XRP dropped 2.4% to $1.35. Cardano dropped 2.3% to 22 cents, while Dogecoin shed 2.2 % to 8 cents.
Solana shed 1.7% to $106.10. Ethereum declined 1.6% to $2,450.04, and Bitcoin shed 1.5% to $83,343.20. Tronix dropped 0.3% to 33 cents. Data source: Dow Jones Market Data, Kraken (END) Dow Jones Newswires 10-21-26 2200ET Copyright (c) 2026 Dow Jones & Company, Inc.
DATA shifted from its broad intellectual property ambitions to AI training data after finding that established licensing markets were difficult to disrupt, CEO Andrea Muttoni told CoinDesk.The startup is moving to Sui following a $30 million investment from Sui Foundation, allowing the company to focus on its data verification tools rather than maintaining its own blockchain.DATA's Trace registry tracks the origins, consent terms and licensing history of AI training data, with partner Kled adding millions of contributions each day.DATA, the blockchain startup backed by Andreessen Horowitz's a16z crypto and formerly known as Story Protocol, is shutting down its blockchain and moving to Sui after securing a $30 million investment from the network's foundation.
The move comes after spending years trying to bring intellectual property onchain. But after raising $140 million and building its own blockchain, the company found that changing how the world's intellectual property is licensed was harder than expected.
"We were trying to boil the ocean, and it was a very saturated and entrenched ocean," Andrea Muttoni, CEO of DATA Foundation, told CoinDesk in an interview.
That realization helped drive Story’s rebrand to DATA Foundation in June, when it shifted its attention to the market for AI training data. Four months later, the company is now narrowing its focus further to tracking the origins and usage rights of data used to train artificial intelligence models.
When the Bellevue, Washington-based startup was founded in 2022, the original plan covered everything from music royalties to patents and trademarks. The idea was to let owners register their intellectual property on a blockchain and set terms for how others could use it. The problem, Muttoni said, was that many of those industries already had systems in place, while large rights holders had little interest in making their intellectual property available for permissionless licensing.
"We were kind of spreading ourselves way too thin across so many different types of IP," he said.
Then came the rebrand earlier this year.
However, after that, the team began to question whether it still needed to maintain an entire blockchain, given that most of its work centered on a single product: Trace, which is a registry that records where training data comes from, who contributed it and what rights buyers have to use it.
Also, running a blockchain comes with costs, including engineers, validators, audits and infrastructure providers.
"Does it still make sense to run our own L1, or should we focus most of our energy on the protocol, on the product, on Trace?" he said.
That line of thinking led to the decision to shut down its blockchain and move to Sui.
Muttoni did not disclose how much of Story's original $140 million in funding remains, but said its existing investors, including a16z crypto, are still involved.
Now, Muttoni is positioning the new focus as a continuation of the first rebrand rather than another change in direction.
Finding a market in AI dataThe company's new strategy grew partly out of its experience with Poseidon, an AI data company incubated by the Story team that collects and processes data for training AI models.
Muttoni said the team found a market where buyers often had little way to check whether the datasets they were purchasing were original, properly licensed or even exclusive. In one case, vendors offered Poseidon supposedly exclusive datasets that were already available from other sellers.
"We were at one point given our own data set back to us," he said.
DATA is trying to address that problem through its product, Trace.
For example, when someone uploads a video or voice recording via a participating data marketplace, Trace creates a receipt for that file. The record includes details such as when it was submitted, the terms the contributor agreed to and any later licensing or payment events.
Kled, a marketplace that pays people to contribute data, accounts for much of the activity. Muttoni said the platform is adding between 3 million and 4 million contributions a day, including older records being brought onto Trace.
The figures show how much data is being registered, though not necessarily how much has been sold. DATA did not disclose how many records have generated licensing revenue.
The move comes as more crypto projects shift toward AI, betting on growing demand for training data and tools to track its origins. Muttoni estimates the AI training data market could be worth hundreds of billions of dollars.
For now, Muttoni said, the goal is not to compete with data marketplaces but to provide a record that buyers and sellers can check. "The main goal for now is being the infrastructure for, let's say, the auditability and provenance of data," he said.
He didn't rule out DATA eventually operating its own marketplace, but didn’t provide any further details.
Why Sui?Moving to Sui means DATA will no longer need to run its own blockchain, while gaining access to tools that Muttoni said fit what the company wants to build next.
One is Walrus, a decentralized storage platform that can hold copies of the original files registered through Trace. Another is Seal, which can encrypt those files and restrict access to buyers with the right permissions.
Today, Trace records information about a file rather than storing the file itself. Adding storage would let buyers compare what they receive with the original submission, making it easier to spot changes.
Sui Foundation will become DATA Network's largest institutional holder through its $30 million investment. Muttoni said Sui is taking a hands-off approach to DATA's product plans. Financial details weren’t disclosed.
The company also plans to move its existing token to Sui on a one-to-one basis, with its current blockchain remaining operational until the migration is complete. Existing $DATA tokens will move to Sui one-to-one, with holders retaining their rights and vesting schedules unchanged, according to a press release.
For Muttoni, the decision comes down to concentrating on the part of DATA’s original business that attracted the most interest.
"We were thinking of going in one direction, but you see the wind keeps pulling you in a different direction," he said. "Maybe the wind is coming from that way."
Sui [SUI] climbed back above $1 on October 20, trading near $1.0227 after bouncing from recent lows around the $0.94–$0.95 price area. The token was up 2.44% at the time of this writing.
The rebound gives buyers another chance to challenge $1.05, a level that an analyst identified as important for a turnaround. However, SUI remains below that level, leaving its recovery incomplete.
Van de Poppe sees a possible end to the pullback
In a post on October 20 on X, van de Poppe suggested SUI might have completed its correction. He pointed to a decline from around $1.25 to $0.95, which is about 24%.
While he acknowledged the continued selling pressure that SUI was seeing on shorter timeframes, he identified that a break above the $1.05 price area is key to a potential reversal.
The latest charts show progress toward that test. Buyers have recovered the $1 level, but with its recent moves, it still sits within the wider decline from early October.
Source: Michaël van de Poppe on X
This is important because a bounce from the lows will bring an early improvement, while a lasting recovery requires buyers to overcome areas where previous advances did not succeed.
The next test sits just above the current price
The immediate hurdle it needs to cross lies around the $1.04–$1.05 price area. SUI reached around $1.0413 during the current daily session before easing back, showing that buyers had already approached this area.
If it is able to remain above the $1.05 price level, it would strengthen the recovery case. It could bring the next price levels near the $1.09 and $1.125 price areas into focus, although reaching them would depend on if buying continues.
Source: TradingView
If it sees a pullback, the $0.98–$1.00 price level is the nearest area to watch, but if it holds, it would help preserve the rebound. But losing it could take it back toward the $0.94–$0.95 price area.
Samsung rollout remains a separate development
Samsung recently announced that Sui was among the networks supporting its planned Samsung Wallet stablecoin service.
This is scheduled for the last week of October and will first support USDC for eligible U.S. users. Samsung’s cited reach of 82 million compatible Galaxy devices
Final Summary
SUI regained $1 and traded near $1.0227, but remained below the $1.05 recovery hurdle.
Holding $0.98–$1.00 would support stabilization, but renewed weakness might make take it back to its lows.
Sui has slipped below $1 as traders weigh a possible rebound from support against weakening daily momentum, with analysts identifying $1.05 as the first major test of a recovery.
Summary
SUI traded near $0.99 on October 20, down 0.47% in 24 hours and 5.6% over seven days.
Analyst Michaël van de Poppe identified $1.05 as a key resistance level for a possible recovery.
Technical indicators show bearish momentum, with the MACD below its signal line and SUI trading under its 20-day moving average.
Giannis Andreou identified 0.82–0.88 as a potential support zone before another recovery attempt.
Samsung Wallet’s upcoming USDC integration and Sui’s offchain throughput test add network developments to monitor.
According to crypto.news market data, SUI traded at $0.990355 at press time, down 0.47% over 24 hours and 5.6% over the previous seven days. The token traded between $0.976424 and $1.01 during the session, while reported daily volume stood at $357 million.
Notably, its monthly gain of 21.01% contrasts with a 62.4% decline over the past year. SUI’s market capitalization was approximately $4.08 billion, based on 4.12 billion circulating tokens, making its short-term price recovery a different question from its longer-term performance.
Sui price tests support after a 20% correction
Crypto analyst Michaël van de Poppe said SUI may have completed its correction after falling from around $1.25 to $0.95. The decline amounts to 24% when measured against those two price points, larger than Bitcoin’s roughly 10% pullback cited in his October 20 commentary.
“$SUI might have finalized its correction already,” he wrote on X, while acknowledging that Bitcoin’s weakness has dragged down altcoins. He identified $1.05 as the level bulls would need to reclaim before a stronger reversal could gain credibility.
Van de Poppe described support near current prices as significant, but his forecast remains conditional. A brief move above $1 would not by itself confirm that the downtrend has ended, especially with selling pressure still visible on the daily chart.
$SUI might have finalized its correction already.
As Bitcoin is showing weakness, you can clearly see this happening across the board.
Now, if you look at the volatility of Bitcoin, the upside was $87,000 and then it corrected 10%.
I would assume that #Altcoins correct deeper… pic.twitter.com/Q0dhE8NTKT
— Michaël van de Poppe (@CryptoMichNL) October 20, 2026
Another analyst, Giannis Andreou, outlined a different route to a recovery. His scenario allows SUI to retest 0.82–0.88 first, establish a higher low and then challenge the larger descending resistance line.
If buyers defend that zone and confirm a breakout, Andreou identified 1.25–1.32 and 1.38–1.45 as possible subsequent levels. Losing $0.82 would instead expose the 0.65–0.72 support region in his analysis.
Technical indicators keep $1.05 in focus
The daily-chart readings show SUI below its 20-day simple moving average of $1.0847. Its Bollinger Bands place lower support around $0.9288 and upper resistance near $1.2407.
Momentum readings lean bearish. The moving average convergence divergence line stood at -0.0043, below its 0.0189 signal line, leaving the histogram at -0.0232. That configuration indicates that downward price momentum has not yet been reversed.
The nearby 0.95–0.93 area is therefore the first support range to watch. A daily close below it would bring the 0.85–0.90 region into view, while further weakness could open the way toward 0.70–0.75.
SUI price chart, source: TradingView
On the upside, buyers first face 1.00–1.05. A sustained move through $1.05 followed by a daily close above the $1.0847 moving average would give traders stronger evidence of stabilization. The next resistance areas sit at $1.10 and 1.20–1.24.
Samsung Wallet deal expands USDC access on Sui
Away from the charts, Sui’s payment announcements provide a separate measure of network development. On October 8, the foundation announced a Samsung Wallet integration intended to bring USDC transfers using Sui infrastructure to compatible Galaxy devices in the United States.
Samsung Wallet is integrating Sui!$USDC on Sui support, built into Samsung Wallet on 82 million U.S. Galaxy devices.
With gasless transfers, $USDC on Sui moves with zero network fees.
Learn more:https://t.co/oi8h9oBAyK
— Sui (@SuiNetwork) October 8, 2026
The companies cited 82 million eligible devices as their potential reach, not 82 million active users. The feature is scheduled to launch later in October, with access subject to device, identity and regional requirements. Samsung said transfers to eligible overseas bank accounts would depend on the destination and applicable service fees.
Samsung Wallet will support USDC at launch, not the SUI token. Sui’s existing gasless transfer feature lets eligible users move supported stablecoins without first acquiring SUI for transaction fees.
“Samsung puts USDC on Sui in the hands of Galaxy users in the U.S.,” Mysten Labs co-founder Adeniyi Abiodun said in the original announcement. Actual network activity following the rollout has yet to be established.
In earlier coverage, the publication detailed the planned Samsung Wallet transfers and the limits on who can participate. A separate report examined Sui’s October 7 performance, which recorded more than 40 million transactions per second inside programmable offchain tunnels.
Token buybacks and network activity remain separate from price
Sui’s foundation has described a plan to direct yield from its native stablecoin, USDsui, toward token repurchases and decentralized-finance liquidity. That policy differs from simply announcing a future buyback: actual purchases require available revenue and onchain execution.
The October demonstration reached 40,614,180 transactions per second in programmable tunnels, according to Sui. Those interactions were conducted offchain and settled to the network when channels closed; they were not 40 million individual mainnet transactions each second.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Kripto para takasında avantajlı teklifi bulmak, yalnızca ekranda görünen kura değil, işlem ücretleri sonrasında elinize geçecek net miktara da bağlı. UnityWallet, farklı swap sağlayıcılarını tek bir mobil cüzdanda bir araya getirerek kullanıcıların desteklenen kripto varlıklar arasında takas yapmasını amaçlıyor. Platformun öne çıkan özellikleri arasında swap teklifleri, cashback ödülleri ve USDT Bridge yer alıyor.
2018 yılında Savl adıyla kurulan ve Eylül 2024’te UnityWallet olarak yeniden markalanan platform, çoklu blockchain desteğini cüzdan yönetimi ve Web3 araçlarıyla birleştiriyor. Ancak swap odaklı bir cüzdanı değerlendirirken asıl soru şu: UnityWallet, aynı işlem için diğer cüzdanlara kıyasla ne kadar avantajlı bir teklif sunuyor?
UnityWallet’in sunduğu özellikleri yakından incelemek isteyen kullanıcılar, UnityWallet uygulamasına buradan erişerek desteklenen ağları, cüzdan yönetimini ve uygulama içerisindeki Web3 araçlarını keşfedebilir.
UnityWallet Swap Nasıl Çalışır?
UnityWallet, desteklenen kripto varlıklar arasında takas yapmak için tek bir mobil arayüz sunuyor. Platformun swap hizmeti, farklı sağlayıcılardan gelen teklifleri kullanıcıların inceleyebilmesini amaçlıyor.
Bitcoin (BTC), Ethereum (ETH), Solana (SOL), BNB ve stablecoin’ler gibi varlıklar için sunulan seçenekler, desteklenen ağlara ve işlem çiftlerine göre değişebilir. Projenin tanıtımına göre kullanıcılar binlerce işlem çifti arasından seçim yapabiliyor.
UnityWallet’in öne çıkardığı özellikler şunlar:
Birden fazla swap sağlayıcısı: Desteklenen işlemler için farklı teklifleri değerlendirme imkânı.
Geniş işlem çifti seçeneği: Farklı kripto varlıklar arasında takas yapabilme.
Tek arayüz: İşlemleri farklı platformlar arasında sürekli geçiş yapmadan yönetme.
Kendi kontrolünüzdeki cüzdan: Platform, kullanıcıların özel anahtarlarının kendi kontrollerinde kaldığı non-custodial bir yapı sunduğunu belirtiyor.
Proje ayrıca swap işlemlerinde yalnızca doğrulanmış likidite sağlayıcılarının kullanıldığını ifade ediyor. Bu özellik, platformun sunduğu işlem altyapısının bir parçası olarak öne çıkarılıyor.
Bununla birlikte, farklı sağlayıcılardan teklif alınması her işlemde en iyi fiyatın sunulacağını garanti etmez. Kullanıcıların işlem onayından önce son teklifi ve ücretleri kontrol etmesi önemlidir.
UnityWallet ile Swap İşlemi Nasıl Yapılır?
UnityWallet’in swap arayüzü, desteklenen varlıklar arasında takas işlemlerini tek bir mobil uygulama üzerinden yönetmeyi amaçlıyor. Temel işlem akışı şu adımlardan oluşuyor:
UnityWallet uygulamasını açın ve cüzdanınıza erişin.
Swap bölümünden takas etmek istediğiniz varlığı seçin.
Almak istediğiniz varlığı ve işlem tutarını belirleyin.
Sunulan teklifi, tahmini alınacak miktarı ve işlem ücretlerini inceleyin.
Hedef ağı ve işlem ayrıntılarını kontrol edin; koşullar uygunsa işlemi onaylayın.
Desteklenen işlem çiftleri, kullanılabilir sağlayıcılar ve işlem koşulları seçilen varlığa göre değişebilir. Bu nedenle onay ekranındaki son teklifin kontrol edilmesi önemlidir.
UnityWallet’in paylaştığı bilgilere göre kullanıcılar, cüzdanlarında yeterli bakiye bulunmasa da swap tekliflerini görüntüleyebilir. Bu sırada yetersiz bakiye uyarısı alınması mümkündür. Ancak teklifin görüntülenmesi, işlemin gerçekleştirildiği veya aynı fiyatın işlem anında korunacağı anlamına gelmez.
Uygulamayı ve mevcut swap seçeneklerini incelemek isteyenler UnityWallet’e buradan erişebilir.
UnityWallet Cashback: Swap Yaparak UNT Kazanmak
UnityWallet’in swap hizmetine eklediği cashback programı, uygun işlemler üzerinden kullanıcılara UNT token ile bağlantılı ödüller sunmayı amaçlıyor. Böylece kullanıcılar bir takas işlemini değerlendirirken yalnızca elde edecekleri kripto para miktarını değil, işlem karşılığında kazanabilecekleri ödülü de hesaba katabilir.
Bununla birlikte cashback, tek başına daha avantajlı bir işlem yapıldığı anlamına gelmez. Ödülün gerçek değerini değerlendirmek için programın güncel koşullarını bilmek gerekir. Özellikle cashback oranı, hangi işlemlerin ödüle uygun olduğu, ödülün ne zaman hesaba geçtiği ve UNT’nin nasıl kullanılabildiği önem taşır.
Örneğin bir cüzdan, işlem sonunda daha fazla USDT sunarken diğeri daha yüksek bir cashback ödülü sağlayabilir. Böyle bir durumda iki seçeneği karşılaştırmak için ödülün parasal değerini ve tüm işlem maliyetlerini birlikte hesaplamak gerekir.
Bu nedenle UnityWallet’in cashback özelliği, swap oranlarının yerine geçen bir avantaj değil, toplam işlem değerini etkileyebilecek ek bir unsur olarak değerlendirilmelidir. Güncel cashback oranları ve ödül koşulları işlem öncesinde uygulamadan kontrol edilmelidir.
USDT Bridge: Sıfır Ücretli Köprüleme Nasıl Çalışıyor?
UnityWallet’in öne çıkardığı özelliklerden biri de USDT Bridge. Bu özellik, desteklenen ağlar arasında USDT aktarımını kolaylaştırmayı amaçlıyor. Farklı blockchain ağlarında USDT tutan kullanıcılar için ağlar arasında geçiş yapabilmek, varlıkları ihtiyaç duyulan ekosistemde kullanma açısından önem taşıyor.
Projenin tanıtımında USDT Bridge için sıfır ücret vurgusu yapılıyor. Ancak bu ifadenin hangi maliyetleri kapsadığı belirleyici: Köprüleme hizmeti ücretinin alınmaması, işlemin her koşulda hiçbir maliyet doğurmayacağı anlamına gelmeyebilir. Kaynak ağın işlem ücreti, hedef ağdaki koşullar ve desteklenen ağlar arasındaki farklılıklar ayrıca kontrol edilmelidir.
Bu nedenle kullanıcıların işlem öncesinde şu ayrıntıları incelemesi gerekir:
USDT’nin hangi ağlardan hangi ağlara aktarılabildiği
Sıfır ücret uygulamasının hangi işlem ve ücret kalemlerini kapsadığı
Minimum ve maksimum aktarım tutarları varsa bunların ne olduğu
İşlemin tahmini tamamlanma süresi ve ekrandaki son işlem koşulları
USDT Bridge’in kullanıcıya sağlayacağı avantaj, yalnızca ücret iddiasıyla değil, işlem sırasında gösterilen toplam maliyet ve hedef ağda alınacak net miktarla değerlendirilebilir. Özellikle farklı ağlarda USDT kullananlar için desteklenen ağların ve güncel koşulların uygulama üzerinden kontrol edilmesi önemlidir.
UnityWallet Swap Değerlendirilirken Nelere Bakılmalı?
UnityWallet’in swap odaklı yaklaşımında birden fazla sağlayıcıdan teklif alma, işlemleri tek arayüzden yönetme, cashback ve USDT Bridge öne çıkıyor. Bu özelliklerin kullanıcı açısından ne kadar avantajlı olduğu ise seçilen işlem çiftine ve güncel koşullara bağlı.
Sağlıklı bir değerlendirme için aynı işlem tutarıyla farklı cüzdanlardan alınan teklifler karşılaştırılmalı; ağ, sağlayıcı ve platform ücretleri hesaba katılmalı. Cashback ödülünün değeri de bu hesaplamaya eklenmeli. USDT Bridge kullanılacaksa sıfır ücret ifadesinin kapsamı ve varsa diğer maliyetler ayrıca incelenmeli.
Sonuç olarak UnityWallet’in sunduğu özellikleri değerlendirmenin en iyi yolu, genel vaatlerden çok gerçek işlem koşullarına bakmak. Güncel teklifler, net alınacak miktar ve toplam maliyet birlikte incelendiğinde kullanıcılar kendi işlem ihtiyaçları için hangi seçeneğin daha uygun olduğunu daha doğru belirleyebilir.
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This article was automatically generated using Dow Jones technology. All major cryptocurrencies were up at 4 p.m. Eastern time, with Sui seeing the biggest move, rising 3.5% to $1.02. Dogecoin climbed 2.8% to 8 cents, while XRP climbed 2.1% to $1.33. Cardano increased 2.1% to 22 cents, and Ethereum climbed 1.5% to $2,434.21.
Solana climbed 1.4% to $105.94, and Avalanche climbed 1.1% to $9.64. Bitcoin rose 0.7% to $82,482.40, and Tronix rose 0.1% to 33 cents. Data source: Dow Jones Market Data, Kraken (END) Dow Jones Newswires 10-20-26 1600ET Copyright (c) 2026 Dow Jones & Company, Inc.
This article was automatically generated using Dow Jones technology. Most major cryptocurrencies were up at 10 a.m. London time, with Sui seeing the biggest move, climbing 6.3% to $ 1.01. Solana increased 4.4% to $105.55, while XRP increased 4.0% to $1.31. Avalanche climbed 4.0% to $9.75, and Dogecoin increased 3.9% to 8 cents.
Cardano climbed 3.6% to 22 cents, and Ethereum rose 3.6% to $2,432.75. Bitcoin climbed 2.3% to $82,734.50, and Tronix dropped 0.3% to 33 cents. Data source: Dow Jones Market Data, Kraken (END) Dow Jones Newswires 10-19-26 0500ET Copyright (c) 2026 Dow Jones & Company, Inc.
Sui Network's year-to-date SUI buybacks have reached 915,800 tokens, funded by stablecoin yield and fees. Here is how the program works and what it means for supply.
@SuiNetwork has bought back 915,800 $SUI year-to-date, putting the program within reach of the 1 million token mark. The purchases are funded by protocol-earned stablecoin yield and execution-fee earnings, and are carried out continuously on the open market.
Onchain data shows total protocol earnings of $3.2 million so far in 2026. The earnings are driven by transaction execution density and treasury float income on the Move-based Layer-1 network.
How the Sui buyback mechanism worksThe program converts yield from dollar-based assets held in network reserves into daily spot purchases of $SUI. , according to the network's own buyback dashboard.
The yield largely comes from USDsui, the network's native stablecoin. , CoinDesk reported at launch.
The model links stablecoin growth to token demand. The network's dashboard currently lists .
Buybacks are not burnsUnlike a buyback-and-burn scheme, the program does not shrink supply.
The scale is also modest relative to the market. In an August analysis, AMBCrypto noted that . It concluded the program .
The total has grown steadily since then. by early September, so the latest figure of 915,800 $SUI marks continued accumulation. The pace depends on how much yield the reserves generate, which can vary with stablecoin float and usage.
Sui's reference gas price was also changed this year. , which shifts more of the revenue mix toward stablecoin yield.
SourcesSui Network Revenue & SUI Buybacks (Sui)
Sui's native USDsui stablecoin goes live (CoinDesk)
Sui Buybacks Return Purchased Tokens Without Cutting Total Supply (TokenPost)
This article was automatically generated using Dow Jones technology. All major cryptocurrencies were up at 10 a.m. Hong Kong time, with Sui seeing the biggest change, rising 5.7% to 99.98 cents. Cardano increased 4.0% to 22 cents, while Avalanche rose 4.0% to $9.76. Dogecoin rose 4.0% to 8 cents, and XRP increased 3.7% to $1.31.
Solana increased 3.6% to $104.76, and Ethereum increased 3.1% to $2,421.67. Bitcoin rose 1.8% to $82,349.40, and Tronix rose 0.2% to 33 cents. Data source: Dow Jones Market Data, Kraken (END) Dow Jones Newswires 10-18-26 2200ET Copyright (c) 2026 Dow Jones & Company, Inc.
Robinhood is offering $5 in SUI to users who complete a short in-app lesson on the Sui Network, following its August 2025 listing of the Layer-1 token.
Robinhood is offering $5 worth of $SUI to users who spend a few minutes learning about the @SuiNetwork Layer-1 blockchain inside its app. The promotion is framed as a "SUI 101" lesson and is not available in New York state, and rewards are limited to while supplies last.
The campaign is not an endorsement of the token. Still, it is notable that $HOOD, the listed parent of @RobinhoodApp, led by @vladtenev, is putting resources behind educating investors about this particular network.
How the Robinhood Learn and Earn programme worksThe offer sits within Robinhood's existing Learn and Earn feature. According to Robinhood's rewards support page, users scroll to the "Learn about crypto" section of their crypto account and select Learn and Earn. They read a short lesson about a token, then take a quiz, and those who pass may be eligible for a reward. Robinhood says the cash value of the reward must be held for 180 days after it is granted, and availability is limited to certain jurisdictions.
Crypto community accounts have described the Sui version as a card labelled "Learn and earn $5 of SUI" in the app, with users completing short lessons to claim the reward.
Background: Robinhood and SuiThe promotion follows Robinhood's decision to add the token to its platform last year. The Sui Foundation said SUI became available to trade for US customers on Robinhood, and described the listing as a step up in access for retail users new to crypto. CoinCentral reported that spot trading went live on August 19, 2025, for users in the US and Europe, and that the token's price initially rose 1.7% before reversing amid profit-taking.
Robinhood's own asset page describes SUI as the native utility token of the Layer-1 Sui blockchain developed by Mysten Labs. It is used for gas fees, staking in the network's Delegated Proof-of-Stake system, and governance.
Educational rewards of this kind are a common way for trading platforms to draw new users toward specific assets. Crypto prices are volatile, and users receiving tokens through such programmes should be aware that the value of their holdings can fall as well as rise.
SourcesRobinhood: Rewards and Learn and Earn
Sui Foundation: SUI now listed on Robinhood
CoinCentral: Robinhood lists SUI
SUI trades at $0.9796, down 2.74% in 24 hours and 10.74% over seven days.
Expert More Crypto Online identifies $0.929 as the next support within SUI’s descending wedge pattern.
Analyst Giannis Andreou marks 0.85–0.86 as support, with $0.66 as the chart’s invalidation level.
SUI must reclaim $1.04 and $1.34 before higher resistance levels enter focus.
Sui (SUI) is trading near $0.98 as selling pressure continues across the altcoin market. CoinGecko data puts SUI at $0.9796, down 2.74% over 24 hours and 10.74% over the week.
Technical analysts are watching support levels as the token continues to form lower lows.
More Crypto Online identifies $0.929 as the next critical support within a descending wedge pattern. Meanwhile, Giannis Andreou’s weekly analysis identifies $0.85 to $0.86 as another important downside zone.
The charts show SUI trading far below its previous highs above $5. However, any recovery must overcome several resistance levels before the broader bearish structure changes.
The immediate focus remains on whether buyers can defend support or selling pressure pushes prices lower.
SUI Price Analysis: Why $0.929 Matters
More Crypto Online’s analysis on X identifies $0.929 as the next support level for SUI.
The accompanying one-hour Coinbase chart places the 50% Fibonacci retracement at approximately $0.9294. SUI was trading near $0.9868 on that chart, leaving support below the observed price.
$SUI
Altcoins are still struggling and SUI is still forming lower lows. SUI is forming a descending wedge and the next support level is located at $0.929. pic.twitter.com/YrkhPbX79z
— More Crypto Online (@Morecryptoonl) October 18, 2026
A descending wedge forms when price moves between downward-sloping trendlines that gradually converge. Traders monitor these patterns for potential breakouts, although the formation alone does not confirm a reversal. SUI’s continued lower lows suggest sellers remain in control of the current price structure.
The $0.929 level therefore represents a nearby technical area to watch. A sustained move below it could expose lower support, although the supplied analysis does not establish the next downside target. Conversely, a recovery would need buying pressure and resistance breaks to strengthen the bullish case.
CoinGecko’s figures reinforce the weakness visible on the charts. SUI’s 24-hour trading volume stands at $645,383,763, alongside its weekly decline of 10.74%.
Volume provides market activity context, but these figures alone cannot establish whether selling pressure is about to ease.
SUI price on CoinGecko
SUI Price Analysis: Can Buyers Reclaim $1.04?
Giannis Andreou’s weekly chart identifies $1.04 as the first resistance level SUI needs to reclaim.
The latest weekly candle faced rejection near $1.14 before falling below that threshold. Resistance at $1.34 presents the next major hurdle for any sustained recovery.
On the downside, Andreou highlights $0.85 to $0.86 as an immediate support zone. A sustained weekly close below this region would weaken the recovery scenario and expose the marked $0.66 invalidation level. These levels represent chart-based scenarios rather than guaranteed price outcomes.
📊 $SUI WEEKLY ANALYSIS: THE RECOVERY HAS SEVERAL LEVELS TO CLEAR$SUI is trading around $0.99 on this chart, following a prolonged decline from above $5. The major descending trendline remains overhead, so the broader bearish structure has not yet been reversed.
The latest… pic.twitter.com/HwUGbjvQah
— Giannis Andreou (@gandreou007) October 17, 2026
A stronger recovery would require SUI to reclaim $1.34 and establish support above it. The chart then identifies $1.80 and $2.35 as subsequent resistance levels.
A break above the descending trendline would provide additional evidence that the longer-term structure is improving.
Beyond $2.35, Andreou’s chart marks $3.92 as another resistance level, followed by previous highs above $5. However, these targets belong to a longer-term bullish scenario, not an established price trajectory.
The immediate distinction is between holding support and confirming a reversal. SUI must first navigate the $0.929 level highlighted by More Crypto Online and the lower $0.85 to $0.86 zone identified by Andreou.
Until resistance levels are reclaimed, the prevailing bearish structure remains intact.
SUI faces several technical hurdles despite the possibility of a recovery. Support near $0.929 is the immediate focus, while $1.04 and $1.34 are important upside levels to monitor.
Mysten Labs, the developer behind Sui Network ($SUI), has named Kevin Boon CEO. Co-founder Evan Cheng moves to CTO and will lead a new AI business unit.
Mysten Labs, the developer behind Sui Network ($SUI), has a new chief executive. Co-founder @EvanWeb3 announced that @KevinBoon_ML will lead @Mysten_Labs, the company that builds @SuiNetwork.
Boon had been serving as president. The Defiant reported that he succeeds Evan Cheng as CEO, while Cheng stays on as chief technology officer.
Planned succession at Mysten LabsCheng said the handover had been in his plans for some time. "I planned for this day when I made him President," Cheng wrote on X, according to a report syndicated from The Defiant. In an Oct. 16 letter, he said Boon had accepted the job. Cheng added that he has "the utmost faith" in Boon as his successor.
Boon previously served as chief legal officer before being promoted to president, per the same report. Cheng described him as instrumental in leading Mysten Labs, and Boon has spent four years at the company.
Cheng framed the move as a way to free up time for technical leadership while continuing to support the Sui and Walrus ecosystem. In the letter he wrote that it "makes my scope more manageable."
New AI unit to be built on Sui and WalrusThe leadership change comes alongside a new internal AI business unit, which Cheng will lead personally. According to ChainCatcher, the unit will have its own engineering and product development functions to reduce external dependencies. It will focus on agent-trust products and AI-native infrastructure, following the model of Mysten's onchain finance unit launched this summer.
The stated aim is to let AI agents carry out tasks autonomously within limits set by their users. Products and services are to be anchored to Sui and Walrus, Mysten's decentralized storage protocol, which launched on mainnet in March 2025, The Defiant reported.
Cheng pointed to risks as agents take on tasks such as trading and payments. TokenPost quoted him as saying AI agents are starting to make decisions with financial and legal consequences, and that systems are needed to ensure they cannot exceed their authority.
Mysten Labs has also announced a collaboration with Google Cloud on a Verifiable Agent Arbiter, an evidence layer intended to show that enterprise AI agents act within authorized boundaries, according to ChainCatcher.
The announcement has no direct bearing on the Sui protocol itself, and one market commentary noted that a leadership change alone offers little basis for a trading thesis. Readers tracking $SUI may want to watch on-chain activity and liquidity instead.
Sources:
The Defiant: Kevin Boon Succeeds Evan Cheng as Mysten Labs CEOChainCatcher: Mysten Labs appoints Kevin Boon as CEOTokenPost: Kevin Boon accepts CEO role as Evan Cheng leads AI unit
Sui Network has reported more than $500 million in institutional commitments across its decentralized finance (DeFi) protocols, outlining new engagement in its ecosystem. The layer-1 blockchain continues to reinforce the Bitcoin blockchain as the foundational security reference for its contracts, while introducing expanded payment capabilities for autonomous agents leveraging stablecoins.
Institutional capital eyes Sui DeFi protocolsInstitutional investors have pledged capital intended for Sui-based DeFi products, with documented commitments surpassing $500 million. However, Sui Network has not disclosed the amount of liquidity deployed or detailed how many institutions are currently live on the platform. This distinction highlights that much of the announced figure represents intended rather than active participation.
Sui Network aims to attract larger players by enhancing security and usability in its DeFi protocols. In its recent update, the project points to the implemented Hashi protocol, designed to minimize operational barriers and build trust for institutional adoption. The contracts on Sui remain cryptographically linked to Bitcoin as an extra security layer, without supplanting the original chain’s role.
Sui’s approach ensures that the Bitcoin blockchain stands as the security anchor for contract verification, while Sui contracts maintain cryptographic rights tied to assets on Bitcoin. This design seeks to enable institutions to access DeFi products with enhanced audit, compliance, and custody assurances.
By combining Bitcoin’s established security model with Sui’s execution environment, institutions may address common risk concerns around verification and control. The network has yet to detail deployments linked to the $500 million figure, and actual market traction will depend on measurable liquidity, adoption rates, and transaction volumes over time.
Agent payments on Sui integrate USDC and Alibaba CloudSui Agent Payments now enables autonomous software agents to make on-chain payments in USDC for Alibaba Cloud’s AI and cloud services. Users can assign strict spending limits for these agents, allowing transactions to occur without need for repeated manual confirmations. Every individual payment settles on the Sui blockchain, offering transparency and programmable control.
The move aims to facilitate dynamic, usage-based billing models for enterprises and developers operating automated frameworks or requiring recurring, controlled access to cloud resources. Using USDC as a payment unit supports stable microtransactions aligned with real-time service consumption.
Market observers note that increased USDC transactional activity on Sui may not result in direct buy-side pressure for the SUI token, as its role is primarily limited to facilitating transaction fees. The network has not released figures for total transactions or enterprise user count related to this new integration.
Technical analysis by Bitguru highlights $0.85 to $0.90 as the primary support range for SUI. If buyers overcome descending resistance, the token could target the $1.30 to $1.40 region. Ongoing monitoring of market volume, open interest, and activity levels remains crucial for traders and analysts assessing recovery potential.
In the meme token segment, timely market tracking continues to play a vital role. An example from Fomo App demonstrates how an internet trend can rapidly turn a $99 investment in the “Niu Lai” meme token into approximately $370,000. Fomo App integrates token discovery, trading, investor rankings, and social feeds on one platform, making it essential for tracking both investor behavior and token selection in this rapidly evolving market.
Looking ahead, Sui Network’s ongoing development efforts appear focused on expanding use cases beyond token trading, with real-world payment integrations and institutional onramps currently in view. However, adoption rates and concrete transaction metrics will remain central points of scrutiny for users and market observers.
Sui Network reported more than $500 million in institutional commitments for its DeFi protocols, but it did not disclose deployed liquidity or adoption figures.
The Bitcoin blockchain remains the security reference for Sui contracts, which carry cryptographic rights tied to Bitcoin rather than replacing the original chain.
Sui Agent Payments lets autonomous agents pay Alibaba Cloud for AI and cloud service calls in USDC, with users defining spending limits beforehand.
Sui market analysts cited $0.85 to $0.90 as SUI support and a possible $1.30 to $1.40 range if buyers clear descending resistance.
Sui Network has issued new institutional and payments updates aimed at decentralized finance. The layer-1 blockchain said it has exceeded $500 million in institutional commitments across its DeFi protocols. Its latest updates also place the Bitcoin blockchain at the center of contract design. Separately, Sui Agent Payments now lets autonomous software purchase Alibaba Cloud services with USDC.
Every payment settles on Sui, while users set spending limits before agents act. The announcements broaden the project’s use cases beyond token trading. They do not, however, establish immediate demand for the SUI token. Adoption, transaction activity, and enterprise use determine eventual impact.
Sui Network Contracts Reinforce Bitcoin’s Role in DeFi
The reported commitment figure represents capital intended for Sui-based DeFi products. It does not automatically show deployed liquidity or daily trading volume. Still, it signals that institutional participants are exploring the network’s financial infrastructure.
$BTC stays on the Bitcoin blockchain. Sui contracts hold the cryptographic rights.
Hashi removes the friction holding institutions back from DeFi.
With trust-minimized guarantees, the protocol has now surpassed $500 million in commitments. pic.twitter.com/PRqJavxCtQ
— Sui (@SuiNetwork) October 16, 2026
The Hashi protocol sits within that effort. Sui Network presents it as a way to reduce procedural barriers around institutional DeFi activity. The stated goal is to improve trust, efficiency, and operational coordination for larger participants.
Bitcoin forms the security reference for the contract side of the announcement. Sui contracts hold cryptographic rights connected to Bitcoin, preserving a link to the original blockchain. That design aims to let participants use Bitcoin-related value without treating Sui as a replacement for Bitcoin.
The Bitcoin blockchain therefore remains the verification anchor in this model. For institutions, that relationship could provide a familiar security basis while applications use Sui’s faster execution environment.
The setup also addresses a persistent institutional concern: how to access DeFi without weakening custody and audit controls. Cryptographic claims can help establish which rights are attached to a contract. Yet the practical value depends on legal structure, counterparty arrangements, and redemption processes.
Sui Network has not detailed activity tied to the $500 million figure. It also has not quantified the number of institutions using the Bitcoin-linked contracts. Those measures will matter more than announced commitments when market participants assess traction.
Sui Network Agent Payments Shift Adoption into Focus
Alongside the contract update, Sui Network has integrated Alibaba Cloud services into Sui Agent Payments. The tool allows AI agents to make USDC payments for cloud and AI service calls. Users set spending ceilings in advance, rather than approving every transaction manually.
Agents can then make payments per call as they access a requested service. Each settlement is recorded directly on the Sui blockchain. The approach shifts costs from standard subscriptions toward usage-based billing.
The model could fit businesses that operate automated workloads at variable volumes. It may also support developers building software agents that need controlled recurring access to infrastructure. USDC offers a stable-value payment unit for those microtransactions.
However, more USDC activity does not automatically create direct buying pressure for SUI. The token’s role in transaction fees could matter, but the relationship depends on actual service use. No adoption figures or transaction volumes were provided for the rollout.
Market watchers will focus on observable evidence after the launch. Relevant indicators include the number of active agents, Alibaba Cloud service calls, USDC settlement volume, and repeat enterprise users. According to analyst Bitguru, he identifies $0.85 to $0.90 as a support area for SUI.
Source: Bitguru on X
A possible recovery range is present between $1.30 and $1.40 if price clears descending resistance. That technical outlook requires buyers to hold support and show stronger volume and open interest.
Well-known trader Killa: Bitcoin may bottom out before the midterm elections, and the post-midterm rally requires caution.
Well-known trader Killa recently released a video predicting market trends around the U.S. midterm elections. His analysis summarizes the historical timeline correlation between midterm elections and Bitcoin’s bottoming: in 2014, Bitcoin bottomed roughly 70 days after the midterms; in 2018, 40-44 days post-midterms; in 2022, it bottomed almost during the midterm period itself. He believes Bitcoin could form a weekly-level bottom ahead of the November 3 U.S. midterms. Killa outlined two main scenarios: 1. Early bottom scenario: BTC forms a low before or around the midterms (possibly testing the current low, or holding above $80k), then rebounds, first testing the $80k zone, and potentially hitting $95k eventually. This would lead to a bullish fourth quarter, contrary to the widespread expectation of "post-election de-risking". 2. Classic de-risking scenario: Bitcoin rallies to a high (possibly hitting $94-$95k), then sees the typical post-election sell-off/de-risking drop observed in history (3 out of the past 4 midterm cycles followed this pattern). Killa advises investors to closely monitor price action ahead of the midterms and adjust positions accordingly: if an early bottom forms, hold bullish positions post-election; if the rally weakens after peaking, consider de-risking. He stresses that patterns are accelerating, so the historical "post-election must fall" experience cannot be simply copied. As a quantitative trader focused on BTC, Killa correctly predicted the peak of the current bull market in May 2025, and has over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688, and switched to long positions during the broad market sell-off on June 5.
22 minutes ago
Anthropic Co-Founder: If AI models permeate the economy within the next year, U.S. GDP could reach $44 trillion by 2030.
Anthropic Co-Founder Jack Clark: An internal economic model shows that if AI models permeate the economy within the next year, U.S. GDP could reach $44 trillion by 2030.
22 minutes ago
Tom Lee: Crypto and chip stocks have pulled back to their support levels, a rally is imminent.
Tom Lee, chairman of Ethereum Treasury Company BitMine, said in a CNBC interview yesterday that if fundamentals remain stable, cryptocurrencies, chip stocks, and neocloud companies are imminent breakout opportunities. All have pulled back to support levels. Lee noted that when fundamentals hold steady while the market grows fearful, this actually represents a pretty favorable risk-reward setup.
22 minutes ago
Elon Musk: New Tesla Roadster to Feature Perception Capabilities
Elon Musk responded to a community user on X regarding Tesla’s new "flying" Roadster sports car, stating that the vehicle will be capable of autonomously performing various stunts and will possess "sentient abilities." Tesla will also build a circular track at its Texas headquarters—even more extreme than a Hot Wheels track—for Roadster owners to test their cars. The community user noted that the Tesla Roadster is controlled by a computer sending commands to another computer, with steering, braking, and acceleration all utilizing drive-by-wire technology. Musk replied: "True."
22 minutes ago
Analysis: UNI’s CEX inflows hit a new year-to-date high; prices have pulled back over 30% from their recent peak amid whale distribution pressure.
Crypto analyst Darkfost said in a post that Uniswap (UNI) has been facing sustained selling pressure recently, with its inflow to trading platforms hitting a year-to-date high. UNI rallied around 370% from its June low; in September, Uniswap’s total value locked (TVL) exceeded $4 billion, a new annual high, and the decentralized exchange’s trading volume also peaked at $93.6 billion. However, the strengthening fundamentals failed to stem the recent price pullback. Data shows that in late September, UNI’s inflow into Binance repeatedly reached year-to-date highs. Inflows remain active currently, but the growth momentum appears to be weakening. Darkfost pointed out that if UNI’s inflow to trading platforms continues to decline, the token may gradually form a bottom, easing the selling pressure accumulated since its recent $10.9 peak. UNI has now pulled back over 30% from that high.
22 minutes ago
DeepSeek pushes AI programming into the 'prompt era': Creates 3D games from scratch, DeepSWE benchmark outperforms Opus 5
Dynamic Insight’s Beating AI News Flash: DeepSeek has upgraded its V4.1 Flash model to version 1017, with updates rolled out simultaneously for its web platform, app, and API. The new model weights have been open-sourced under the MIT license. Official test results show that DeepSWE v1.1 software engineering task pass rate rose from 74.2% to 77.0%, surpassing Claude Opus 5’s 74.0%. Terminal-Bench 4.0 improved from 31.2% to 42.3%, though still lagging behind Opus 5’s 51.8%. Per DeepSeek’s published cost curve, the configuration achieving the 77% pass rate costs an average of approximately 1.3 yuan per task. It’s worth noting that the comparison benchmark here is Opus 5, not the newer Opus 5.5. A key focus of the new version is enhancing "wish-based programming" – a feature where users only provide simple requirements, and the AI independently plans and executes the entire project. DeepSeek improved this capability via reinforcement learning with self-feedback, showcasing demos including a 3D Forbidden City scene, a web-based racing game, and a Godot engine-based recreation of Portal 2. The company stated the new model reduces both task completion time and output length, with optimizations tailored for DeepSeek Harness, Tencent CodeBuddy, and WorkBuddy. Additionally, DeepSeek is opening its self-developed search engine’s Search and Fetch APIs to developers for the first time. Developers can now enable AI agents to directly search web pages and extract content. Both APIs are billed per successful request, at 5 yuan per 1,000 requests. Search requests triggered via Claude Code and Codex’s built-in web search function will be free of API call fees for the first two weeks.
Crypto and blockchain projects have announced at least $51.4 million across six disclosed financings during Oct. 10–16, led by Sui Foundation’s $30 million strategic investment in DATA Network.
Summary
Six disclosed financings totaled $51.4 million during the Oct. 10–16 reporting period.
Sui Foundation announced a $30 million strategic investment as DATA Network prepares to migrate.
Fission’s $10 million Series A drew backing from Pantera Capital and Circle Ventures.
Zaria raised $5.2 million while pursuing a US national trust-bank charter.
Multiliquid disclosed $8 million in cumulative funding; its new seed amount remains undisclosed.
Crypto Fundraising and DefiLlama provided the starting deal lists, checked against company announcements and reporting on individual transactions. Four further announcements covered investments without a disclosed new-round amount, including Multiliquid’s seed financing.
The disclosed tally combines venture rounds, equity financing, and strategic investment announcements. It excludes acquisitions, undisclosed checks and Multiliquid’s cumulative figure, and measures announced financing amounts rather than independently confirmed cash transfers.
DATA Network leads crypto funding with $30 million investment
Sui Foundation’s Oct. 12 announcement put its planned DATA Network investment at $30 million, establishing the foundation as the network’s largest institutional holder alongside continuing holders PIP Labs and DATA Foundation.
As crypto.news previously reported, the agreement pairs that investment with DATA Network’s planned migration to Sui. The organizations said DATA’s independent blockchain would retire after the protocol moves, while its token would carry over one-to-one.
Sui Foundation said existing locked and vesting positions would remain unchanged, with holder economics and governance rights at least equivalent to their current terms. Walrus would become the default storage layer for DATA Foundation applications.
The foundation described Trace as a registry that records the origin of AI training data, the rights attached to contributions and payments to contributors. Its announcement presented the investment as a long-term strategic arrangement.
Fission secures $10 million for tokenized fund liquidity
Fission’s $10 million Series A was led by Pantera Capital, according to TokenPost’s Oct. 15 report. Circle Ventures, Borderless Capital and Ari Rubenstein participated in the financing, which the report said closed in September.
The New York company purchases tokenized fund interests from investors seeking an exit before the underlying fund completes its normal redemption process. TokenPost described a platform where holders connect a wallet and submit a sale request, with Fission handling the purchase and related transaction work.
The report said Fission had not disclosed a valuation. Its account described certain fund interests that ordinarily take around 200 days to sell, with Fission offering settlement in 90 seconds or less for a fee.
The financing falls within this roundup’s announcement window; its reported September closing date is separate from its October disclosure.
Zaria raises $5.2 million as trust-bank application remains pending
Zaria Systems announced $5.2 million in seed funding on Oct. 14, with Lightspeed Venture Partners leading the round.
The company provides loan servicing, backup servicing, collateral management and agency services for structured finance and digital asset-backed lending. Zaria said the capital would support hiring, technology development, and expansion of its existing services.
“This financing lets us accelerate growth and scale our existing services,” co-founder and CEO Emily Barron said.
Zaria’s announcement linked the financing to its pending application to charter Zaria National Trust Bank through the Office of the Comptroller of the Currency. The proposed institution would limit its activities to trust-company operations and related services.
The company said consolidation of those services under a federally regulated trustee would depend on charter approval.
Funding under $5 million backs sports payments, stock lending and AI
GetPicks announced a $3 million equity round backed by gaming industry angels and operators. In its Oct. 16 announcement, the Atlanta company said the proceeds would fund US expansion and product development. Crypto Fundraising describes its payouts as USDC-based; GetPicks reported more than 35,000 registered users across 21 US states.
Spout announced a $2 million strategic round on Oct. 15. Its release named Draper Dragon, Anchorage Digital and Flow Traders among participants. Spout proposes USDC loans against tokenized US stocks at 50% loan-to-value, funding lender payments through covered-call premiums. The company said its beta runs on Solana Devnet and is not live on mainnet.
Orbio completed a $1.2 million seed round, BlockBeats reported on Oct. 10, citing the project’s announcement. The report said proceeds would support infrastructure for AI agents, computing and private systems; participating institutions were not named.
Undisclosed rounds include Multiliquid and three Tether-backed investments
Multiliquid announced a Polychain-led seed round on Oct. 15, naming Strobe Ventures, CMT Digital, Metalayer Ventures, Generative Ventures and Circle Ventures as participants. Uniform Labs’ announcement put cumulative funding at $8 million. Founder Will Beeson told The Block that the total spans pre-seed and seed rounds, without disclosing their individual sizes.
EFY Finance received Tether investment through its seed round, announced Oct. 13. Tether said EFY’s stablecoin payment network spans 17 countries and serves more than 25,000 individual and business accounts.
Saber Money secured strategic investment from Tether and CMCC Global’s Titan Fund. Its Oct. 15 announcement said proceeds would support regulatory licenses, banking partnerships and payment expansion across Asia and the Gulf.
AIsa received strategic investment from Tether Capital on Oct. 15. Tether said the platform lets AI agents purchase data, software, and computing services using fiat or stablecoins, with businesses setting spending limits.
Sui, a layer-1 blockchain network focused on scalability and performance, is launching an artificial intelligence-powered payments system in partnership with Alibaba Cloud, a leading Chinese cloud service provider. The integration allows AI agents to pay for digital services using USDC stablecoins, with all settlements recorded directly on the Sui blockchain.
Alibaba Cloud teams with Sui Agent PaymentsUnder this collaboration, Alibaba Cloud’s services are now available within Sui Agent Payments. This means that autonomous agents, such as automated software or bots, can pay for cloud or AI-related service calls in USDC without manual transaction approvals. The system enables users to set explicit spending limits, streamlining payments and facilitating continuous service access for digital agents.
By moving away from traditional subscription-based models, the integration allows spending to reflect actual usage. Users retain direct control by setting budget ceilings for their autonomous agents, thereby adding a layer of security and transparency to automated operations within the blockchain environment.
Agents can now pay per call in USDC, within user-defined limits, with every payment settled on Sui. This model replaces standard subscriptions and links blockchain with cloud computing for seamless, controlled payments.
The updated system combines fast blockchain settlements with Alibaba Cloud’s infrastructure services. Despite the advancement, Sui’s activity metrics such as adoption and transaction volume have not yet been detailed, and further data is needed to determine how the partnership will affect overall network usage.
Mini dictionary: Alibaba Cloud, the cloud computing subsidiary of Alibaba Group, offers scalable infrastructure and AI solutions, supporting global enterprises and now collaborating with blockchain projects for advanced digital services.
Potential impact on Sui’s network and SUI tokenThis new payment capability offers another blockchain application for Sui, which has positioned itself as a platform for modern automation tools. Developers and businesses seeking automated, pay-as-you-go digital transactions could benefit from using stablecoins such as USDC for regular micro-payments between software systems.
While increased USDC-powered payments may boost network traffic, direct demand for SUI tokens remains uncertain. The longer-term effect on the SUI ecosystem will depend on how quickly developers and enterprises begin adopting this integrated solution and whether it leads to higher network utility and activity.
Sui Insiders, a crypto analytics group, reported that SUI has established strong support between $0.85 and $0.90, with resistance expected near the downtrend line. They view a potential rally towards $1.30–$1.40, provided buyers hold the support and break key resistance areas. However, a loss of this support could limit near-term recovery prospects for SUI’s price.
ParameterSupportTargetSUI price range$0.85–$0.90$1.30–$1.40To validate an upward move, analysts emphasize that SUI must maintain support and push above descending resistance. Indicators such as volume and open interest in derivatives may help confirm the momentum, but sufficient data has not yet emerged.
Outlook hinges on adoption and real-world usageThe partnership with Alibaba Cloud is regarded by market observers as a potential catalyst for Sui’s ecosystem, but they caution that no direct correlation between the news and immediate price movement can be confirmed at this stage.
Real confirmation of the impact will depend on actual adoption and measurable USDC transactions, showing that Sui’s integration supports real-world cloud service purchases.
Moving forward, the industry will monitor both the adoption rate of Alibaba Cloud products processed through Sui Agent Payments, as well as the emergence of USDC transaction volumes on the network. These indicators are seen as necessary for evaluating the effectiveness and practicality of the new system.
The current technical outlook for SUI centers on the $0.85–$0.90 support and the status of the downtrend line. A breakout could affirm analyst targets around $1.30–$1.40, while a failure to hold will likely invalidate that scenario.
Sui’s blockchain developments and price performance will help clarify whether the new integration meaningfully expands its use and triggers a significant market response.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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MAJURO, Marshall Islands, Oct. 15, 2026 (GLOBE NEWSWIRE) -- Remittix is counting down to the November 24, 2026 launch of RTX as PayFi testing, wallet adoption and its wider financial ecosystem advance toward the project’s first public-market cycle.
RTX is currently available at $0.28 through Remittix, while $0.46 is the announced final presale tier and planned minimum exchange launch price. The fixed date gives buyers a defined remaining window before market trading begins.
The countdown arrives as Sui’s Samsung Wallet partnership supports a bullish $10 SUI forecast and BNB Chain’s expansion into AI-agent marketplaces revives a $1,500 BNB price prediction. Both developments show how crypto networks are competing to capture consumer activity through easier interfaces and new financial applications.
November 24 Places RTX on a Visible Launch Timeline
Remittix has raised more than $32 million from over 40,000 participants toward a $36 million hard cap. The project is approaching November 24 with the final allocation narrowing and a clear progression from the current $0.28 price to the announced $0.46 final tier.
The confirmed date turns the final presale phase into a countdown. RTX is preparing to enter public trading with PayFi already being tested and multiple ecosystem products moving forward.
Remittix Targets the Global Remittance Market Through PayFi
PayFi is the primary Remittix proposition. The platform is designed to let users fund eligible transfers using supported cryptocurrency while recipients receive fiat through compatible bank accounts.
One thousand invited holders can test crypto-to-fiat and fiat-to-crypto routes using EUR and USD. USDT and USDC are supported across Ethereum, Celo, Base and Polygon, with additional currencies, assets and networks planned.
The connected Remittix product suite adds an iOS wallet with over 10,000 downloads, a live Markets platform with more than $50 million in perpetual volume and Remittix Earn, which is approaching release with advertised yields of up to 22% APY.
Sui Price Prediction Targets $10 as BNB Eyes $1,500
Samsung Wallet is integrating USDC on Sui, placing the network’s stablecoin infrastructure within reach of 82 million compatible Galaxy devices in the United States. SUI recently traded near $1, making $10 an ambitious tenfold target. The partnership strengthens the case for Sui as a consumer payment rail with mainstream distribution.
BNB Chain is expanding its AI ecosystem through Set and Earn, a campaign connecting users with nine shortlisted AI-agent marketplaces. BNB recently traded near $720, placing a $1,500 forecast slightly above double its current level. Continued growth in agents, stablecoin payments and onchain applications could supply the activity required for that rerating.
Remittix Offers an Earlier Entry Into the Payments Race
Sui is pursuing mobile stablecoin distribution, while BNB Chain is building around applications, agents and onchain payments. Remittix enters the same adoption race from an earlier stage with crypto-to-bank utility as its central product.
The $0.28 entry, planned $0.46 minimum launch price and November 24 debut give RTX three clear pre-launch markers. With PayFi testing active and the wider ecosystem already producing wallet and trading activity, Remittix is approaching launch with more than a token narrative behind it.
About Remittix
Remittix is developing a connected PayFi ecosystem for crypto-to-bank and bank-to-crypto transactions. Its products include international payment settlement, a mobile wallet, Remittix Markets and the forthcoming Remittix Earn service.
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Company: Remittix
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Sui entered October after a sharp token rally. Then its Basecamp conference delivered three announcements that could determine whether investors have something lasting to buy into: Samsung Wallet integration, a Google Cloud project, and a speed record.
At the Singapore event, Sui laid out plans for a future where AI software moves money on people’s behalf.
1. Samsung Could Put Sui in Millions of PhonesSamsung Wallet is integrating USDC transfers over Sui on 82 million US Galaxy devices. Users will be able to send digital dollars without network fees or buying SUI first.
Mysten Labs co-founder Adeniyi Abiodun said: “Our goal has long been to make money movement free and as easy as sending an email.”
The deal could bring new payment activity in the network.
Samsung Wallet is integrating Sui!$USDC on Sui support, built into Samsung Wallet on 82 million U.S. Galaxy devices.
With gasless transfers, $USDC on Sui moves with zero network fees.
Learn more:https://t.co/oi8h9oBAyK
— Sui (@SuiNetwork) October 8, 2026 2. Google Cloud Tackles AI’s Trust ProblemMysten Labs and Google Cloud are developing Verifiable Agent Arbiter, designed to prove whether AI agents followed instructions.
Activity records stay private, with cryptographic proofs written to Walrus and Sui.
Mysten Labs CEO Evan Cheng said: “AI agents are starting to make decisions with financial and legal consequences, and we need systems to ensure they cannot exceed their authority. This requires evidence any counterparty can verify.”
Walrus Foundation’s Kimberly Logan added: “Verifiable Agent Arbiter enables companies and individuals to prove their agents acted within the bounds of their authority, and they can prove it anywhere to anyone in a fully trustless way. This is going to support agentic workflows across trust boundaries and industries, unlocking the types of experiences that we previously could only talk about in the abstract. And this is one of the biggest companies in the world acknowledging that a credibly neutral layer is the only place where this can happen.”
3. Sui Demonstrates 40 Million Transactions Per SecondSui reported 40.6 million transactions per second in a live stress test, using programmable offchain tunnels that ultimately settle to its blockchain.
This could make machine payments cheaper. Crucially, the figure measures activity inside those tunnels, rather than 40 million transactions directly executed on mainnet.
SUI BASECAMP 2026:
HERE’S EVERYTHING ANNOUNCED, FROM SAMSUNG WALLET TO A 40.6M TPS DEMO
Sui wrapped up its two-day Basecamp event in Singapore with major announcements across payments, AI, Bitcoin finance and blockchain infrastructure.
Samsung Wallet is integrating USDC on…
— Wall St Engine (@wallstengine) October 8, 2026 What Does This Mean for SUI’s Market Performance?SUI rallied nearly 50% in September. The announcements strengthen Sui’s adoption prospects, but their effect on SUI demand remains uncertain.
These developments could broaden Sui’s appeal beyond crypto traders, opening the network to several new markets.
Samsung Wallet offers the clearest path to mainstream adoption. It could bring everyday consumers and payment providers onto Sui, particularly those using stablecoins for international transfers.
However, more USDC transactions do not automatically mean greater demand for SUI.
Meanwhile, Google Cloud’s collaboration targets institutional adoption.
Banks and other enterprises developing AI agents could use Sui and Walrus to verify automated financial decisions and meet compliance requirements. Actual enterprise deployments will determine its impact.
Sui Monthly Price Chart. Source: BeInCryptoFor SUI investors, these announcements strengthen the network’s long-term growth prospects. Yet partnerships alone cannot sustain a price rally.
The real test heading into 2027 will be whether Sui converts these opportunities into measurable network usage and stronger demand for its native token.
Story Protocol, now DATA Network, is leaving its own chain behind. Its tokens will move to @SuiNetwork one-to-one, backed by a $30M investment from the Sui Foundation. Read more: ⬇️
Sui Network has passed 5 billion total transactions, with the count at 5.02 billion. Here is what the milestone says about $SUI and Layer 1 scalability.
The @SuiNetwork has passed 5 billion total transactions, a milestone for the Layer 1 blockchain developed by @Mysten_Labs. The cumulative count currently stands at 5.02 billion, and network traction has grown in recent weeks and months.
How Sui reached 5 billion transactionsThe milestone follows a steady climb. In July, Sui crossed 4.5 billion cumulative transactions, according to data from analytics platform Chainspect cited by Cointrust. By September, Chainspect data showed the network had processed about 4.8 billion transactions, with a seven-day average of around 80.3 transactions per second, KuCoin News reported.
Cumulative transaction counts include all activity since mainnet launch, covering token transfers, smart contract executions and decentralized application usage. Sui's mainnet went live in May 2023, according to Oak Research, meaning the network reached 5 billion transactions in a little over three years.
Transaction totals need careful reading. Bitcoinist noted that automated transactions can inflate totals, and that investors will want to see whether activity lines up with total value locked, stablecoin usage and real application demand. Larger and more established networks such as Ethereum and Solana have processed significantly higher totals over longer periods, as Cointrust has noted.
Scalability is the core of the $SUI pitchSui's scalability rests largely on its architecture. According to Oak Research, the Mysticeti consensus upgrade went live on mainnet in July 2024 and was designed to cut latency sharply. Sui's own engineering blog says Mysticeti is the consensus protocol that powers Sui, with a later v2 release aimed at faster and lighter transaction processing.
Sui also uses parallel transaction execution and an object-centric data model, which are designed to deliver high throughput and low latency for decentralized applications.
For $SUI holders and developers, the 5 billion mark is a usage signal rather than a price catalyst. The next test is whether growing transaction volume translates into lasting economic activity across DeFi, gaming and stablecoin applications on the network.
Sources:
Cointrust: Sui Blockchain Surpasses 4.5 Billion On-Chain TransactionsOak Research: Zoom in on Mysticeti, the update that powers SuiBitcoinist: SUI Hits 4.5B Transactions As Wallet Activity Climbs
DATA Network Is Shutting Down: This Is an Absorption, Not a PartnershipThe Supply Overhang the News Cannot FixClaude AI Predicts SUI Levels: Where the Dollar Line Actually Sits
The Sui Foundation has paid $30 million to bring an entire blockchain onto its network, and the market answered by selling SUI back toward $1. Claude AI predicts SUI defends the $1.0017 level through this pullback, because the deal changes what runs on the chain rather than what the token is priced against.
SUI trades at $1.0539, giving it a market cap of $4.344 billion. The 24 hour range tells the more useful story, running from $0.9966 to $1.09, which means the dollar handle has already broken once today and been reclaimed within the session.
EXCLUSIVE: Earn $50 With EdgeX and Enter $300K Prize Draw
DATA Network Is Shutting Down: This Is an Absorption, Not a Partnership
DATA Network is shutting down its own blockchain. Its applications move to Sui and its tokens migrate one to one. The Sui Foundation becomes its largest institutional investor in the process.
What comes with it is measurable. The protocol tracks provenance for AI training data and arrives carrying more than 250 million registered contributions.
The detail that matters most sits at the end of the announcement. Walrus Protocol becomes the default storage layer.
Provenance records are not a one time upload. Every new contribution writes data that has to be stored and retrieved, which means recurring demand rather than a single integration event.
That is the difference between a chain gaining a user and a chain gaining a workload.
Whether it moves SUI is a separate question. The migration is built to raise activity over quarters, and the market prices tokens over days.
DISCOVER: Best Meme Coin ICOs to Invest in 2026
The Supply Overhang the News Cannot Fix
Here is why good news keeps failing to stick. SUI has 4.118 billion tokens circulating against a maximum supply of 10 billion. Market cap is $4.344 billion while fully diluted valuation reaches $10.548 billion.
More than half the eventual supply has not reached the market yet. Every rally is priced against tokens that do not exist today but will. The performance table shows the same strain. SUI is up 47.2% over 30 days but down 11.7% over seven and 10% over 14. The September advance is unwinding faster than it built.
Over twelve months the token is down 63%.
Leverage adds to it. Perpetual open interest stands at $1.373 billion against a $4.344 billion market cap, close to a third. That ratio turns ordinary selling into sharp moves, which is how a token touches $0.9966 on a day with genuinely positive news.
Spot turnover reached $670.189 million, healthy enough that this is participation rather than a thin market drifting.
DISCOVER: Aptos Makes Encrypted Mempool Optional on Mainnet
Claude AI Predicts SUI Levels: Where the Dollar Line Actually Sits
SUIUSDT Chart 1D TradingView
The round number is close to a real level, which is rare. AI predicts SUI will be decided at these levels:
The floor: $1.0017. Support through most of 2026 and already tested today at $0.9966. Daily closes above it keep the September structure alive.
The ceiling: $1.4180. The level that capped the May rally and stopped the September push. Roughly 35% above spot.
The downside case: $0.6759. The summer base. Losing $1.0017 removes the next real support until here.
Watch the daily close rather than the wick. SUI dipped under a dollar and recovered within the session, which is a test rather than a break.
A confirmed close below $1.0017 would put the entire 47% monthly gain at risk, since nothing structural sits between there and $0.6759.
The $30 million buys Sui a workload and a storage customer. It does not buy the token a floor, and this week the token is being traded on supply and macro rather than on what is being built.
DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2026
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Alex Ioannou
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Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex...
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Sui’s Devnet blockchain has completed its first native quantum-resistant transaction, as Mysten Labs integrated the ML-DSA-65 digital signature algorithm into the network. This move marks a significant step toward building post-quantum authentication capabilities directly onto the Sui blockchain, with native account authentication on Mainnet scheduled for the first quarter of 2027, pending successful security audits and additional testing.
Pioneering post-quantum authentication on Sui DevnetKostas Chalkias, co-founder and chief cryptographer at Mysten Labs, revealed that the initial quantum-safe transaction was executed successfully and its on-chain record shared with the community. The feature is available with Devnet release v1.82.0, enabling developers to sign transactions using ML-DSA-65 through the ExecuteTransaction API, validate signatures via the VerifySignature API, and utilize the upgrade in multisignature setups, GraphQL, and Rust SDK environments.
This development allows the Sui ecosystem to experiment with quantum-resistant transaction authentication before moving toward widespread adoption. Current Sui Mainnet accounts, however, do not yet benefit from post-quantum protection; the integration is still in the test phase while additional audits and reviews are underway.
Sui’s initial quantum-safe transaction provides developers with hands-on experience in quantum-resistant security ahead of Mainnet adoption, while full protection for existing Mainnet accounts remains under evaluation and testing.
ML-DSA-65: Enhancing blockchain defenses against future quantum attacksML-DSA-65 is a lattice-based digital signature algorithm that aims to protect blockchain authentication systems from attacks by advanced quantum computers. In August 2024, the US National Institute of Standards and Technology (NIST) formally recognized ML-DSA under the FIPS 204 standard, highlighting its role as a next-generation security protocol for digital signatures. These cryptographic methods ensure only authorized users can approve blockchain transactions.
Quantum computing poses a widely acknowledged, though still theoretical, threat to traditional public-key cryptography schemes. If quantum computers become capable of breaking commonly used keys, on-chain accounts that reveal public keys could be at risk. Preparing alternative methods now could minimize disruption if such a scenario materializes in the future.
Sui’s official roadmap indicates plans to introduce native ML-DSA-65 accounts on the Testnet by the end of 2026, targeting Mainnet rollout in early 2027. The pace of deployment will depend on ongoing testing, feedback, and security reviews. Support across wallet interfaces, development kits, and command-line tools is expected to be critical for widespread adoption among users and developers.
The phased implementation gives the Sui community time to identify and resolve practical challenges before activating the new authentication on Mainnet. Multisignature compatibility remains a priority, especially for organizations managing collective assets. Project milestones remain targets until the technology passes independent scrutiny and reliability benchmarks.
Mini dictionary: Mysten Labs, a technology company founded by former Meta engineers, is the main developer of the Sui blockchain network. It specializes in next-generation blockchain protocols and smart contract platforms.
Technical considerations for post-quantum securitySui’s strategy extends beyond native post-quantum accounts. Its roadmap outlines other cryptographic systems, including SLH-DSA-SHA2-128s, a hash-based signature method for securing high-value vaults through Move smart contracts. By incorporating multiple types of digital signatures, Sui aims to balance different security assumptions for everyday transactions and asset-intensive contexts.
A technical trade-off accompanies the shift to post-quantum authentication. Compared to the existing Ed25519 scheme, quantum-safe signatures and public keys, such as those in ML-DSA-65, are larger and increase transaction data size. Although verification performance remains efficient, developers will need to address potential impacts on transaction costs, wallet design, and overall implementation security as these features are refined.
Signature SchemeTypeKey SizeIntended UseEd25519Elliptic curveSmallerCurrent accountsML-DSA-65Lattice-based (post-quantum)LargerNative post-quantum accountsSLH-DSA-SHA2-128sHash-basedLargerHigh-value vaultsThe Sui team continues to evaluate engineering and security implications as they prepare the network for future-proofed authentication in a quantum era.
Bitcoin OG @LLuciano_BTC shared his altcoin picks for the next six months, including Avalanche ($AVAX), Sui ($SUI), NEAR Protocol ($NEAR), Chainlink ($LINK), Stellar, Quant ($QNT) and Ondo.
Crypto commentator @LLuciano_BTC, a long-time Bitcoin holder with nearly 2 million followers, has published a list of the tokens he is watching over the next six months. The picks are grouped into five categories, running from layer-1 networks to decentralised finance (DeFi).
The assets highlighted from the list include Avalanche (@Avax, $AVAX), Sui (@SuiNetwork, $SUI), NEAR Protocol (@NEARProtocol, $NEAR), Chainlink (@Chainlink, $LINK), Stellar (@StellarOrg, $XLM), Quant (@quantnetwork, $QNT) and Ondo (@Ondo, $ONDO). The full list contains more names than those shown here.
What the selected tokens have in commonThe names cover a mix of base-layer blockchains and infrastructure projects. Avalanche, Sui and NEAR compete as smart contract platforms, while Chainlink, Quant and Ondo are tied more closely to the tokenisation of traditional financial assets.
That second theme has been gaining ground. Ondo is a platform for tokenising real-world assets such as US Treasuries and stocks, according to CoinMarketCap. In October 2025, Ondo Finance and Chainlink announced a strategic partnership that made Chainlink the official oracle provider for Ondo's tokenised stocks and ETFs, with its cross-chain protocol (CCIP) named the preferred solution for institutional cross-chain use.
Chainlink and Ondo have also worked with JPMorgan's blockchain unit. The Block reported that Kinexys, Chainlink and Ondo completed a test transaction that settled a tokenised US Treasuries fund across a public and a permissioned network.
Quant has also been linked to the sector. Coin-Turk reported that Quant, Ondo and Chainlink rallied sharply as real-world asset tokens advanced, with Quant's gains tied to UK banks using its infrastructure for tokenised deposit transactions.
A watchlist, not financial adviceLists like this reflect one person's view and do not predict how any token will perform. Crypto assets are volatile, and prices can move sharply in either direction over a six-month window. Readers should do their own research before acting on any watchlist.
Sources
PR Newswire: Ondo and Chainlink strategic partnershipThe Block: JPMorgan, Chainlink and Ondo Finance cross-chain settlement testCoinMarketCap: What is Ondo (ONDO)
Mysten Labs says Sui has processed its first native quantum-safe transaction on its development network. The milestone arrived with devnet-v1.82.0, which shipped as protocol version 139 on October 12, 2026. That release adds ML-DSA-65 as a native account signature type. Mainnet support is targeted for Q1 2027, but only if audits and testnet feedback cooperate.
What actually changed on devnet Sui’s codebase now includes a new entry, SignatureScheme::MLDSA65 = 7, which registers the post-quantum scheme alongside the network’s existing signature options.
ML-DSA-65 is standardized by NIST under FIPS 204 and rated at Level 3 security. Sui intends it for everyday native accounts, the ordinary wallets people use to send tokens and interact with apps.
For high-value Move smart contract vaults, Sui is reaching for a different tool: SLH-DSA-SHA2-128s. Both schemes are NIST-approved and come from distinct mathematical families, meaning a weakness discovered in one family would not automatically compromise the other.
The user experience pitch Adoption of post-quantum accounts is opt-in. Users can keep their existing 32-byte seeds and recovery phrases rather than starting from scratch.
Addresses don’t need to change either. The upgrade relies on Sui’s existing address aliases and lets users rotate keys from their recovery phrases.
Gas costs are also unchanged. Quantum-safe signatures carry no extra fees.
The effort is being led by Kostas Chalkias, Mysten’s co-founder and chief cryptographer, and Adeniyi Abiodun, co-founder and chief product officer.
How this fits Sui’s broader roadmap The devnet transaction is one step in a plan Sui laid out in its August 2026 quantum readiness strategy. Quantum-safe vaults built on SLH-DSA-SHA2-128s are aimed at mainnet in 2026, ahead of the account-level upgrade. Native ML-DSA-65 account support follows, with a Q1 2027 target contingent on audit results and testnet feedback.
What this means for Sui and its users For everyday SUI holders, nothing changes today. The feature lives on devnet, it is opt-in, and mainnet account support is still more than a year out under the current target.
For developers and institutions, the more immediate item is the vault upgrade. Teams managing large Move smart contract treasuries will want to watch whether SLH-DSA-SHA2-128s vaults actually hit mainnet on the 2026 schedule, and how audits treat the implementation.
Adoption is the other open question. An opt-in security feature only protects the people who opt in. The key metrics to watch are testnet feedback, audit outcomes, and whether the vault and account upgrades land on their stated schedules.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Sui's native stablecoin $USDsui has passed $80M in supply just months after its March 2026 launch, according to CryptoNews. Here is what is behind the growth.
@SuiNetwork's native stablecoin, $USDsui, has reached a record supply of more than $80 million, only months after its launch in March 2026. According to CryptoNews, the asset's supply has grown 20.5% over the last three months. Credit goes to the @Mysten_Labs team, which develops the Sui protocol.
How $USDsui got hereThe Sui Foundation announced the $USDsui mainnet launch on March 4.
The stablecoin was first unveiled in November 2025. At the time, That design differs from stablecoins where the issuer keeps the reserve income. CoinGecko's Sui page also lists a news item on the Sui Foundation repurchasing SUI tokens using USDsui yield.
Zero-fee transfers may also help adoption.
Context: a smaller slice of Sui's stablecoin marketThe $80 million milestone is a record for $USDsui itself, but it is still small against Sui's wider stablecoin market.
Supply figures also vary by source and date. while Readers should check live data before relying on any single number.
Overall, the growth shows early traction for a stablecoin that Sui controls, rather than relying only on third-party issuers. Whether $USDsui can keep expanding will depend on how much of Sui's stablecoin activity moves to it from existing assets.
SourcesSui Blog: Sui Unveils USDsui, a Native Stablecoin
Bridge: Sui Dollar (USDsui) reserve and supply data
DefiLlama: Sui stablecoin market cap and supply
Growing stablecoin adoption is no longer just a sign of a blockchain’s capital influx.
More than that, it has become a harbinger of the adoption to come. The reason is simple: As stablecoin use cases expand, now spanning TradFi, cross-border payments, state treasury accumulation, and more, rising stablecoin flows could reflect growing utility and an enhanced likelihood of wider adoption to follow.
With that said, SUI’s recent development is promising. According to the chart below, Sui’s native stablecoin, USDsui, has attained a record of $80 million in supply. Issued by Stripe’s Bridge, USDsui has grown by 20.5% within the last 90 days, signaling a steady rise in stablecoin activity on the network.
Source: DeFiLlama From an on-chain perspective, the impact is notable.
According to DeFiLlama data, SUI’s total value locked (TVL) rose over 20% during the same period, reaching $530 million. This indicates that stablecoins are contributing to the expansion of the entire ecosystem as more and more capital flows into the L1 blockchain.
However, with strategic partnerships, buybacks, and increasing use of AI in focus, is USDsui reaching a record supply, a sign that Sui [SUI] is shifting its focus to a more ‘future-focused’ approach to growth?
USDsui hits new high as SUI’s ecosystem expands The record-breaking supply of USDsui may not be a coincidence.
The token’s rise follows the L1’s recent efforts. The Sui Foundation has just launched a $30 million investment in DATA Network. In turn, adding to the network’s push into AI-related infrastructure. Meanwhile, the Sui Foundation and Mysten Labs are partnering with OpenAssets to bring the Open Tokenized Asset Standard to SUI, which aims to boost the network’s adoption of tokenized assets.
At the same time, Sui has repurchased 830,300 SUI, worth around $646,000, using yield from stablecoin reserves. This is buying pressure for SUI and highlights that stablecoin activity can also bolster demand for the network’s native token. In this context, SUI’s stablecoin market cap crossing the $480 million mark for the first time since the Q3 peak could create more room for future buybacks.
Source: DeFiLlama Together, these developments put USDsui’s growth in focus.
Given the strategic partnerships, buybacks, and increased use of artificial intelligence in the SUI network, its record-breaking stablecoin supply contributes to the overall expansion of the network for future growth. If this trend holds, USDsui could be shaping to be a critical growth driver for the altcoin, making its stablecoin adoption a crucial element in the network’s expansion.
Final Summary USDsui hits a record $80 million supply, while Sui’s TVL rises to $530 million.
AI investments, new partnerships, and buybacks support the altcoin’s broader growth and adoption.
Sui Foundation has invested $30 million in DATA Network to help the AI project transition into Sui.
The agreement will close DATA Network’s self-supporting blockchain, at the same time bringing applications and DATA Network to Sui Network. However, after the news was announced, SUI dipped over 5%, coming dangerously close to the key $1 level.
DATA Network prepares to move onto Sui
DATA Network creates a way for companies to locate materials for training artificial intelligence bots whilst also being able to detail where that information has come from and how it may be used.
Its Trace registry has recorded more than 250 million data contributions since launching in June. It now processes over three million receipts daily, according to the Sui Foundation.
Under the agreement, DATA Network and Trace will operate on Sui. Walrus, a data storage platform connected to Sui, will store information used by DATA Foundation’s applications.
With the $30 million investment, Sui will become DATA Network’s largest institutional investor. Surprisingly, neither the announcement of the acquisition nor the valuation and number of tokens acquired by Sui were provided.
Upon completion, no independent blockchain from DATA Network will be running anymore. Tokens will map to the new Sui blockchain on a one-to-one basis, meaning that a user who owns X tokens should be getting X tokens on the new chain instead.
Locked tokens and the current release schedule stay intact, and it is proposed that the old network will be running until migration is complete.
No exact date has been announced. Sui and DATA Foundation noted that they would provide the details about the timeline for the switch before it occurs.
SUI price struggles despite the announcement
After a crash of roughly 5.6%, SUI was trading above the $1.07 level. The fall made it trade below its short-term average around the $1.09 level.
It still remains well above the levels seen before its sharp September rally. But trading activity has eased since that advance, suggesting buyers have not returned with the same strength.
The closest level to look at will be the $1 area. If SUI falls below it, the next support is sitting around the $0.97 price level, where there are two longer-term averages.
The short-term outlook could become more positive once it moves beyond the $1.10 mark, which would be another point of challenge near the $1.20 mark [an area from which the uptrend had lost momentum during earlier attempts].
The chart does not indicate that investors reacted to the DATA Network arrangement by taking it as an instant driver to buy.
However, the significance could stem from the fact that the migration attracts persistent activity to Sui after completion, rather than acting as a short-term incentive for price change.
Final Summary
Sui Foundation is investing $30 million as the DATA Network protocol and token are moved onto Sui.
SUI, despite falling over 5%, has to defend the $1 price area following this announcement.
DATA balances are slated to carry over one-for-one onto Sui, but support for validator staking and smart contracts on the chain formerly known as Story will wind down.
DATA balances are slated to carry over one-for-one onto Sui, but support for validator staking and smart contracts on the chain formerly known as Story will wind down.
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UnityWallet, 2018 yılında Savl adı altında kurulan ve 2024 Eylül ayında Unity Wallet olarak yeniden markalanan (rebrand) bir kripto cüzdanıdır. Kullanıcıların kendi özel anahtarlarını kontrol ettiği (self-custodial) mobil bir uygulamadır. Platform verilerine göre 1 milyondan fazla cüzdan oluşturulduğu ve 100’den fazla ülkede hizmet verdiği raporlanmaktadır.
Uygulama, kripto varlıkların saklanması, takası, getiri elde edilmesi, NFT yönetimi ve Web3 uygulamalarına bağlantı gibi işlevleri bir arada sunar. UNT, platformun kendi çıkardığı utility ve ödül token’ıdır. Solana blockchain üzerinde çalışır ve kullanıcı aktivitesine dayalı ödüllendirme mekanizmasıyla ekosistemi destekler.
UnityWallet’in sunduğu özellikleri yakından incelemek isteyen kullanıcılar, UnityWallet uygulamasına buradan erişerek desteklenen ağları, cüzdan yönetimini ve uygulama içerisindeki Web3 araçlarını keşfedebilir.
Üst Yönetim ve Önemli İsimler COO pozisyonunda James Toledano görev yapmaktadır. James Toledano, fintech sektöründeki deneyimiyle çeşitli yayınlarda görüşlerine yer verilen bir isimdir.
CTO pozisyonunda Viktor Sidochenko yer almaktadır. Ekip bilgileri üçüncü taraf kaynaklar ve profesyonel veritabanları üzerinden takip edilmiştir. Resmi sitede detaylı takım sayfası sınırlı kalmaktadır.
Proje Fikri ve Vizyonu Proje, kripto para yönetimini tek bir mobil uygulamada toplamayı amaçlar. Fintech’in kullanıcı dostu yaklaşımını DeFi fırsatlarıyla birleştirerek, kriptoyu daha geniş kitleler için erişilebilir hale getirmeyi hedefler.
UnityWallet Ekosistem Yapısı UnityWallet ekosistemi; işlem, getiri (yield) ve teşvik mekanizmalarını tek bir bütünleşik yapı içinde birleştirir. Çok zincirli (multi-chain) mimari, modüler ödül sistemleri ve birleşik arayüz tasarımı sayesinde kullanıcı davranışı, varlık akışı ve token ekonomisi birbirini besleyen bir döngü oluşturur.
Bu yapı sayesinde kullanıcılar farklı cüzdanlar kullanmak zorunda kalmaz. UnityWallet, tüm zincirleri tek bir “finansal merkez” altında toplayan bir “Money App” yaklaşımı sunar.
Uygulama Nasıl Çalışır? UnityWallet ekosistemi üç ana bileşen üzerinden çalışır:
1. UnityWallet Uygulaması
UnityWallet üzerinden kripto para transferi, swap ve portföy yönetimi gibi işlemler tek bir arayüzden gerçekleştirilebilir. Uygulamanın nasıl çalıştığını görmek isteyenler, UnityWallet’i açarak cüzdan özelliklerini inceleyebilir.
Kullanıcının tüm işlemleri yaptığı ana merkezdir. Swap, transfer, on-ramp/off-ramp ve portföy yönetimi burada gerçekleşir.
2. UNT Token
Ekosistemin ekonomik motorudur. Kullanım alanları:
Cashback ve ödül mekanizması Sadakat seviyeleri Ücret indirimleri Premium özellikler Partner entegrasyonları 3. Ekosistem Programları
Airdrop, loyalty ve cashback sistemleriyle kullanıcı aktivitesi sürekli teşvik edilir.
Sistem “kullanıcı etkileşimi → ödül → daha fazla kullanım” döngüsüyle çalışır.
Web3 Ortaklık ve Hizmet Ağı Hizmet Sağlayıcılar: Kripto değişim platformları, ödeme köprüleri ve günlük yaşam entegrasyonları ile sorunsuz alım-satım ve harcama imkanı sunar. (Örn: Changelly, 1inch, Jupiter, LetsExchange, Bitrefill) Güvenilir Güvenlik Ortakları: İşlem güvenliğini en üst düzeye çıkaran, KYT (Know Your Transaction) denetimlerini gerçekleştiren ve risk analizi yapan profesyonel kuruluşlar. (Örn: Coinfirm, Sumsub) Bilgi Sağlayıcılar: Piyasa verilerini, fiyat akışlarını ve blockchain verilerini anlık olarak sağlayan öncü platformlar. (Örn: CoinMarketCap, Blockchair) Teknik Ortaklıklar: Cüzdanın altyapısını güçlendiren, DApp bağlantılarını optimize eden ve teknik entegrasyonları hızlandıran inovatif partnerler. (Örn: WalletConnect, Crystal, Ramp Network)
Öne Çıkan Özellikler Uygulama geniş bir Web3 araç seti sunar:
Yapay Zeka Asistanı: Kripto ve Web3 işlemlerinde rehberlik sağlar. KYT (Know Your Transaction): Adres risk analizi ve PDF rapor üretimi yapar. Swap ve Trading: Çoklu zincirlerde yüzlerce işlem çiftiyle takas imkanı sunar. Loyalty Programı: Uygulama içi aktiviteler üzerinden ödül sistemi çalışır. Perpetual Futures: Türev işlemlerle fiyat hareketlerine erişim sağlar. Stake ve Getiri: Desteklenen ağlarda pasif gelir imkanı sunar. NFT ve WalletConnect: NFT yönetimi ve dApp bağlantısı sağlar. Alışveriş Entegrasyonu: Kripto ile 4.000+ ürün ve hizmete erişim sunar. Mesajlaşma ve Topluluk: Şifreli iletişim ve sosyal ağ özellikleri içerir. Bitcoin, Ethereum, Solana ve diğer desteklenen ağlardaki varlıklarını tek uygulamadan yönetmek isteyen kullanıcılar, UnityWallet uygulamasına erişerek mevcut özellikleri ve desteklenen kripto para birimlerini inceleyebilir.
Yol Haritası Litepaper’da üç aşamalı bir gelişim planı tanımlanır (bağlayıcı olmayan, yüksek seviyeli bir çerçeve):
Layer 1 – Everyday Finance: Günlük kullanım kolaylıkları (düşük ücretli transferler, yerel fiat giriş-çıkışı, AI otomasyonları ve KYT). 2026’nın 2. çeyreğinden itibaren UNT utility’lerinin önemli kısmının devreye alınması planlanmaktadır. Layer 2 – Advanced Features: Gelişmiş işlem araçları ve ek güvenlik katmanları. Layer 3 – UnityWallet Universe: Kripto kartlar, genişletilmiş getiri ürünleri ve yeni proje lansman araçları gibi ekosistem genişletmeleri. Planlar piyasa koşulları ve ürün geliştirme sürecine bağlı olarak değişebilir.
UNT Token Yapısı UNT, UnityWallet ekosisteminin temel varlığıdır. Kullanıcı etkileşimini teşvik eden, ödül mekanizmalarını yöneten ve ekosistem büyümesini destekleyen utility odaklı bir tokendir.
Solana SPL standardı üzerine inşa edilen UNT, yüksek işlem hızı, düşük maliyet ve ölçeklenebilirlik avantajı ile milyonlarca kullanıcıya uygun bir altyapı sunar.
Geleneksel platform token’larının aksine UNT, spekülasyon yerine gerçek kullanım verisine, likidite akışına ve ürün kullanımına dayalı bir değer modeli benimser.
Kullanım Alanları 1. Cashback ve Sadakat Ödülleri
Kullanıcılar işlem yaptıkça UNT kazanır. Uzun vadeli aktivite ve sadakat seviyeleri ödül oranlarını artırır.
2. Ekosistem Kullanımı
Premium özellikler, işlem ücreti indirimleri ve gelişmiş getiri stratejilerine erişim sağlar.
3. Sadakat Katmanları
UNT kullanımı ile farklı seviyeler açılır:
Daha düşük işlem ücretleri Cashback artışları Gelişmiş güvenlik araçları KYT doğrulama sistemleri Alt hesap yönetimi 4. Güvenlik ve Akıllı Sistemler
UNT aynı zamanda güvenlik ve analiz altyapısında kullanılır:
Risk bildirim sistemleri Gelişmiş koruma araçları AI destekli cüzdan analizleri Veri odaklı dashboard sistemleri 5. Ekosistem Büyümesi
UNT, yeni projeler için ekonomik bir altyapı sağlar:
UnityWallet içinde listeleme modeli Tanıtım ve görünürlük mekanizmaları ICM (Internet Capital Markets) üzerinden yeni proje lansmanları 6. Topluluk Katılımı
Kullanıcılar görevler, kampanyalar ve ekosistem aktivitelerine katılarak ödül kazanabilir.
Token Bilgileri Token Adı: UnityWallet Token Kısaltma: UNT Blockchain: Solana (SPL) Toplam Arz: 1.000.000.000 UNT Dolaşımdaki Arz (Nisan 2026): ~657 milyon UNT Fiyat Aralığı: 0.058 – 0.064 USD Token Dağılımı Airdrop — 200 milyon UNT (%20) → Lansmanda tamamen serbest Likidite ve Piyasa Yapıcılık — 125 milyon UNT (%12,5) → Lansmanda tamamen serbest Cashback Havuzu — 120 milyon UNT (%12) → Lansmanda tamamen serbest Takım — 150 milyon UNT (%15) → 24 ay vesting, 9 ay cliff Özel Tur Yatırımcıları — 150 milyon UNT (%15) → 24 ay vesting, 9 ay cliff Erken Destekçiler — 30 milyon UNT (%3) → 12 ay vesting, 6 ay cliff Hazine — 225 milyon UNT (%22,5) → 12 ay vesting, 3 ay cliff ile %30 açılış Bu yapı, erken satış baskısını sınırlamayı ve uzun vadeli uyumu destekler.
Ekosistem ve Öne Çıkan Yönler UnityWallet, birden fazla blockchain’i destekleyen ve çeşitli araçları tek uygulamada toplayan bir yapı sunar. 2018’den beri devam eden geçmişi (Savl dönemi dahil), KYT gibi risk değerlendirme aracı ve Sui gibi hızlı ağ entegrasyonları öne çıkan teknik yönler arasındadır. Çok zincirli destek kullanıcı esnekliğini artırır.
Değerlendirme UnityWallet, self-custodial cüzdanlar arasında günlük kullanım odaklı özellikleriyle dikkat çeker. UNT token’ı, ekosistem içindeki aktiviteyi teşvik etmek için tasarlanmıştır. 2026’da Layer 1 utility’lerinin rollout’u ile kullanıcı tabanını genişletmesi beklenir. Proje, güvenlik ve kullanım kolaylığı arasında denge kurar; kripto sektöründeki riskler ise (volatilite, regülasyon, rekabet) geçerliliğini korur.
UnityWallet’in çoklu blockchain desteğini, Web3 entegrasyonlarını ve cüzdan özelliklerini yakından incelemek isteyenler, UnityWallet uygulamasını buradan keşfedebilir.
Resmi Kaynaklar ve Dokümantasyon Website Twitter Docs Youtube Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Sui Foundation is investing $30 million in DATA Network as part of a strategic partnership that will see the AI training data protocol join the Sui stack and integrate with onchain data storage platform Walrus.
In a Monday statement shared with The Block, DATA Foundation, which supports DATA Network, said that Sui Foundation will become the network's largest institutional holder, alongside existing stakeholders PIP Labs and DATA Foundation.
Under the partnership, DATA Network is set to be upgraded to run as a protocol natively on Sui (SUI), and its independent chain will be retired. The existing DATA token will move to Sui on a one-to-one basis. The existing DATA Network will continue to operate until the transition is completed, and the foundation said it will release a detailed timeline prior to the upgrade.
Walrus, meanwhile, will become the default storage layer for applications operated by DATA Foundation, which shifted its focus from general intellectual property infrastructure to AI training data in June.
The partnership aims to scale the supply chain for AI training data. DATA Network's Trace, launched in June, tracks the origins and usage rights of AI training data while settling payment to the person who contributed it.
According to the statement, the Trace registry has recorded more than 250 million contributions since its launch and currently processes more than 3 million receipts per day on average. The foundation said that the upgrade gives AI labs a place to source real-world training data they are allowed to use.
"The AI industry has reached the point where the open internet has been read, and the next frontier is defined by access to datasets with the consent and provenance that regulators require," said Adeniyi Abiodun, co-Founder and chief product officer at Mysten Labs, the original contributor to Sui and Walrus.
"The migration of DATA Network and Trace to our stack now brings massive volumes of high-quality, rights-cleared data that is already serving the world's frontier AI labs," Abiodun added.
DATA Network is giving up its own blockchain. The project, previously known as Story Protocol, will be rebuilt to run as a native protocol on Sui, and its independent Layer 1 chain will be shut down.
The Sui Foundation is backing the move with a $30 million investment. For a project that launched as its own chain less than two years ago, that is a notable change of address.
What is actually changing The migration was revealed on October 8, 2026, by Eman Abio, identified as a co-founder of Sui, at Sui ecosystem events. The core of the plan is simple: DATA stops maintaining separate infrastructure and moves its operations onto Sui.
DATA will also integrate with Walrus Protocol, a decentralized storage layer, to handle storage and data coordination.
That product focus is AI data. DATA now concentrates on services around data provenance, licensing and auditing. Its auditing tool, called Trace, is meant to help track where data came from and whether it can be used.
The numbers behind the network give some sense of scale. DATA has logged over 250 million on-chain data registrations through applications built on it, including Kled and Numo, as of October 2026.
Kled, the flagship integration, has separately recorded over 1.5 billion user-contributed data records. The network’s design registers provenance on-chain without exposing the underlying raw datasets.
From programmable IP to AI training data DATA did not start life as an AI data company. It launched in February 2025 as an EVM-compatible Layer 1 chain, built to support programmable intellectual property and automated licensing.
Then the strategy shifted. On June 25, 2026, the project rebranded from Story Protocol to the DATA Foundation. Holders of the IP token were migrated to the new DATA token on a 1:1 basis.
The rebrand came with a pivot toward infrastructure for AI training data. According to the research findings, the change responded to rising demand from AI developers for datasets that are verifiable and gathered with consent.
What this means for Sui, Walrus and DATA The $30 million commitment reflects a broader pattern in the industry. Chains increasingly compete not just for users but for entire applications, and foundation money is one of the main tools for winning those migrations.
If DATA’s registrations and datasets flow through Walrus for storage and coordination, the migration could drive more data activity and storage demand on that protocol.
Token holders will have practical questions. The June 25, 2026, swap from IP to DATA was handled on a 1:1 basis. How the DATA token functions once the independent chain is retired is a key detail to watch as the migration proceeds.
Developers building on DATA’s current chain face their own adjustment. An EVM-compatible environment is different from Sui, which uses its own programming model. Applications like Kled and Numo will need a clear path to keep running once the old chain goes dark.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
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