TenX Protocols Set to Begin Trading on TSX Venture Exchange Following $24M Fundraising in 2025

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Dec 10 2025

Should l Buy SUI?

TenX Protocols Trading Launch: TenX Protocols will begin trading on the TSX Venture Exchange on December 10 under the ticker "TNX" after raising C$29.9 million ($22 million) for its go-public transaction.
Funding Utilization: The company plans to use the raised funds to purchase tokens for staking across high-throughput blockchain networks like Solana, Sui, and Sei, as well as to enhance its infrastructure offerings.
Subscription Receipts Explained: The financing involved subscription receipts, allowing investors to contribute capital before the completion of the transaction, which will convert into shares once finalized.
Public Market Exposure: TenX aims to provide public-market exposure to staking and validator activities, alongside treasury management services, highlighting Canada's role in bridging crypto with broader investor audiences.

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Technical Analysis for SUI

Technical Sentiment Analysis for Sui (SUI) As of , Sui (SUI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SUI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SUI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Sui (SUI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.306	0.547	0.797	1.038	1.287	1.528	1.778
Fibonacci	0.547	0.735	0.85	1.038	1.225	1.341	1.528

About SUI

Sui is a groundbreaking layer-1 blockchain platform designed to support the needs of global adoption by offering a secure, powerful, and scalable development platform. At its core, Sui leverages a novel object-centric data model and the secure Move programming language to address inefficiencies prevalent in existing blockchain architectures.On top of strong technical foundations, Sui prioritizes user experience by eliminating barriers commonly associated with blockchain interactions. Through innovations like zkLogin, sponsored transactions, and programmable transaction blocks, Sui creates a higher standard for user experience within Web3 by ensuring applications are accessible and user-friendly.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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