Sui The Foundation invests in DATA Network 30000000 USD，DATA will be upgraded to a Sui native protocol
BIBIBI
AT A GLANCE
The material states that Sui the Foundation invested in DATA, which will subsequently become a Sui native protocol and retire the original public chain.
Article
2250000000 USD Valuation ultimately becomes a mirage:Story Protocol Why has it come to “giving up the public chain”?Sui The Foundation invests in DATA Network 30000000 USD，DATA will be upgraded to a Sui native protocol, and the original public chain will be retired. After the announcement,DATA 2-hour gains 12%, with trading volume expanding to 60000000 USD. Once valued at 2250000000 USD, it has undergone transformations in Story Protocol 3 years. Can it deliver on its promises this time?
The material states that Sui the Foundation invests in DATA Network 30000000 USD。
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The material states that DATA will be upgraded to a Sui native protocol, and the original public chain will be retired.
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The material states that, after the announcement,DATA 2-hour gains reached 12%, and trading volume expanded to 60000000 USD。
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The headline states that it was once valued at Story Protocol; the body states that it underwent 2250000000 USD transformations in 3 years.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This material describes an investment and protocol migration:DATA after receiving the investment, it plans to become a Sui native protocol while discontinuing its original public chain. The material also reports DATA's short-term price and trading-volume changes after the announcement, and questions whether Story Protocol can deliver on its promises.
Why it matters to readers
If the arrangement described in the material is implemented,DATA's operating form will change, and the original public chain will also be retired; the reported short-term gains and expansion in trading volume indicate that the news has drawn market attention.
Beginners should distinguish among “receiving investment,” “planned migration,” and “short-term market gains”: all are stated by a single source, so they cannot establish that the migration has already been completed, nor should short-term price movements be treated as a guarantee of future performance.
Risks and unknowns
The provided material does not include formal confirmation from Sui the Foundation or DATA Network.
It cannot be confirmed from the material whether the investment has been completed.
DATA The timetable and implementation status for upgrading to a Sui native protocol and retiring the original public chain are unknown.
DATA 2 The data on 12%-hour gains and trading volume of 60000000 USD have not been independently verified.
Story Protocol The specific relationship between DATA Network and is not explained in the material.
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Story Protocol Whether it can deliver on its promises remains a question raised by the material.
Related concepts
Native protocol
This term is not in the glossary yet. Browse related concepts in the glossary.
