Sui Foundation Denies Allegations of Insider Token Sales Worth $400M During Recent Price Surge

The Sui Foundation has found itself in hot water after a crypto analyst raised concerns about alleged insider token sales during the recent surge in Sui's price.

Cryptocurrency analytic firm Messari has announced that it will be launching a new token valuation service in partnership with Chainlink Labs.

The service, dubbed Token Terminal Pro, will reportedly provide users with advanced on-chain metrics, enabling them to perform deeper analyses of crypto assets. Messari claims that the service will offer a comprehensive view of a token’s performance, liquidity, and usage.

Announcing the launch on Oct. 14, Messari stated that the service will feature Chainlink’s oracle network to “continuously monitor on-chain activity and adjust token metrics in real-time.” The firm added that the partnership will combine Messari’s “on-chain footprint” with Chainlink’s “decentralized oracle technology.”

“Together, we're creating a new standard for crypto market data.”

Messari

Messari also highlighted that users will be able to access “more granular and precise token metrics,” including metrics for decentralized exchange and centralized exchange liquidity, NFT sales volume, and Layer-2 usage.

According to Messari, the service will initially cover 200 tokens, with plans to expand this list in the future. The firm also stated that users will be able to access “advanced charting and analysis tools” to identify trends and perform technical analysis.

Related: Messari’s Dunleavy: Crypto market to hit $2.5T by year-end, heralding bull run 2.0

Messari has been expanding its footprint in the crypto data and analytics space throughout 2023. In March, Messari announced a partnership with Binance to launch a crypto market data service on the exchange.

Later that month, Messari unveiled plans to launch a new crypto index fund in partnership with asset management firm Wave Financial. The fund will reportedly track the performance of the top 25 crypto assets by market capitalization.

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