Sui Network Hit by Fresh Outage Months After Previous Six-Hour Downtime Incident

Sui Network has restored operations after a disruption that stored its blockchain offline for practically six hours on Thursday.

The Layer 1 community mentioned the difficulty was triggered by a bug tied to its lately launched 1.72 replace, which particularly affected the gasoline charging logic.

Recurring Network Issues

In a put up on X, the crew behind Sui confirmed that exercise on the mainnet had resumed and added {that a} detailed incident overview can be launched within the coming days. Earlier throughout the outage, the challenge warned customers that the community was experiencing a stall and that transactions have been paused till an answer was deployed.

According to the community’s standing web page, the disruption lasted for five hours and 55 minutes. Although the blockchain has resumed functioning, validators on the Sui mainnet are nonetheless marked as working below “degraded efficiency.”

This isn’t Sui’s first outage. In truth, in January this 12 months, the community suffered one other downtime occasion that lasted greater than six hours. A separate disruption additionally occurred in November 2024, which was linked to a bug in transaction scheduling logic that triggered validators to crash and ended up halting transaction processing throughout the community.

Price Performance

Sui’s native token, SUI, briefly dropped from $0.95 to $0.89 on Thursday throughout the community disruption, however the decline didn’t final lengthy. The token has since stabilized and is buying and selling close to $0.925. Over the previous 24 hours, SUI has gained round 1.5%.

SUI additionally saw a powerful rally earlier this month, briefly climbing to just about $1.40 in mid-May, its highest degree since January. The surge got here after Sui Group Holdings staked 108.7 million SUI tokens, eradicating practically 3% of the circulating provide from the market. Additional momentum got here from optimism surrounding the upcoming launch of CME Group SUI futures and Sui’s partnership with African funds agency Paga. However, regardless of the short-term restoration, the token stays down practically 17% over the previous week amid broader weak point throughout the crypto market.

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