DATA Network’s move to Sui
Sui Foundation announced a $30 million strategic investment in DATA Network, making it the network’s largest institutional investor; the announcement says DATA Network and Trace will move to Sui in phases, and $DATA remains the protocol token. DATA Foundation announcement Sui Foundation announcement
What holders should expect
The stated plan is a 1:1 carryover of $DATA balances. Existing services continue during the phased transition, and no wallet changes are required at this time. The Foundation says it will publish the detailed timeline and supported holder transition options ahead of the migration. DATA Foundation FAQ Sui Foundation announcement
Staking and smart contracts
Support for validator staking and smart contracts on the former chain will wind down as the migration proceeds. The sources do not yet give the dates, steps for stakers, or the specific contracts and services affected. Check the Foundation’s transition instructions before moving or unstaking assets. The Defiant report DATA Foundation FAQ
Trace and Walrus
Trace is DATA’s onchain registry for AI training data provenance and attached usage rights; the Sui announcement reports more than 250 million registered contributions and over 3 million receipts processed daily on average. On Sui, datasets and licenses are planned as programmable onchain objects. Walrus is to become the default storage layer for DATA Foundation apps, holding encrypted source-file copies for licensed access and independent verification. Sui Foundation announcement
The sources do not yet name the migration date, staking exit procedure, or the particular legacy smart contracts being retired.