Sui: Ex-Meta Exec Pushes User Data Ownership

Sui co-founder Adeniyi Abiodun laid out why users must control their data instead of Facebook or OpenAI, drawing from his time as employee #8 at Meta and architect of the Libra project.

Abiodun stated that decentralization serves as an antidote to existing business models, enabling storage, encryption, sharing and monetization of data without centralized trust, backed by cryptography rather than corporate promises, while SUI infrastructure targets throughput far beyond Visa's 50,000 TPS limit.

With SUI price at $0.9 testing the lower Bollinger Band support at $0.89 while RSI(14) sits neutral at 36.7 and MACD shows a bullish golden cross, price action points to a probable recovery toward the EMA50 resistance at $0.97 before any sustained move higher, consistent with the bearish structure above the EMA200 at $1.01.