Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Sui Network suffers first major outage with two-hour outage
ALTCOIN NEWS

Sui Network suffers first major outage with two-hour outage

By Crypto FlexsNovember 22, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Sui Network suffers first major outage with two-hour outage
Share
Facebook Twitter LinkedIn Pinterest Email
  • The Sui network recently suffered an outage.
  • The downtime led to user dissatisfaction and a decline in token prices.
  • Sui addressed the community.

Layer 1 blockchain Sui has emerged as one of this year’s rising stars, receiving rave reviews for its powerful performance and rapidly expanding ecosystem. The network has established itself as one of the highest-performing blockchains in just over a year since its launch, and has maintained solid growth throughout the year.

However, recent network glitches have weakened the record.

Sui’s lights out

The Sui blockchain suffered a severe outage on Thursday, November 21, 2024, when block production suddenly stopped, leading to a network outage.

Sui’s outage, the first major outage to occur on the network since launch, began around 9:15 a.m. UTC and lasted nearly two hours. This sparked widespread discontent across the community, with several users expressing concerns that the incident had undermined the network’s credibility.

The blockchain’s native token took a hit immediately after the outage, suffering a 5% price drop within a short period of time. Additionally, the outage disrupted services on various platforms, including Korean exchange Upbit, temporarily halting deposits and withdrawals due to downtime.

In response to growing concerns, Sui’s team spoke publicly to clarify the situation and provide an update.

Sui network address outage

About an hour after the issue began, Sui Network contacted X (formerly Twitter) to resolve the situation. The team has acknowledged the issue and confirmed to the community that it has identified the issue and deployed a fix.

The network explained the root cause of the two hours of downtime, stating that a bug in the transaction scheduling logic caused the validator to crash.

Thanks to the quick work of our amazing community of Sui validators, the Sui network is back up and processing transactions.

The two-hour downtime was caused by a bug in the transaction scheduling logic that caused a validator to crash, but has now been resolved. https://t.co/TJh2zwvQcD

— Sui (@SuiNetwork) November 21, 2024

Following the fix, Sui Network announced a full resumption of services, emphasizing that the chain would be operational again and transactions would be processed normally.

On the flipside

Why This Matters

Network outages can cause significant disruptions and erode trust among users using the system. Sui’s outage is a reminder that stability and trustworthiness are non-negotiable in blockchain networks to ensure a safe and reliable user experience.

To learn more about the recent SUI token drop, read this article.
SUI has retreated 10% from record highs and is struggling to secure $3.

US President-elect Donald Trump is still discussing his cryptocurrency agenda. Find out more about his latest moves here.
Cryptocurrency in the Trump White House? Whispers of growth in new Pro-Web3 role

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

‘Fat Apps’ can lead the cryptographic story in the next few months.

September 11, 2025

Binance explodes 466m LUNC with oblivion: revival play or special effect?

September 4, 2025

Defi Surges, BTC Swings & Tradfi faces freezing: Daily encryption failure

August 28, 2025
Add A Comment

Comments are closed.

Recent Posts

Manual guide: beginner guide

September 11, 2025

KuCoin Partners With Golf Icon Adam Scott As Global Brand Ambassador

September 11, 2025

Eightco Holdings Inc. Announces Nasdaq Ticker Symbol Change To ORBS, Advancing The AI Revolution

September 11, 2025

Automated Mining Can Earn You $20,000 A Day. Get Started In Three Steps To Make Your Profits Manageable And Visible.

September 11, 2025

Vaneck checks the Hyperliquid Hype ETF plan in the United States and Europe.

September 11, 2025

‘Fat Apps’ can lead the cryptographic story in the next few months.

September 11, 2025

Join SNEYD MINING And Start A New Era Of Passive Income

September 10, 2025

Origin Summit Unveils Second Wave Of Global Icons Ahead Of Debut During KBW

September 10, 2025

Falcon Finance Announced $FF And Community Sale On Buidlpad

September 10, 2025

Remi Tech Ushers In A New Era Of Compliant Stablecoin Settlement — Empowering Traditional Finance And Compliant Web3 With Next-Gen Infrastructure

September 10, 2025

CryptoMiningFirm Allows XRP Holders To Earn $17,969 Daily – CryptoMiningFirm Launches XRP Mining Contracts

September 10, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Manual guide: beginner guide

September 11, 2025

KuCoin Partners With Golf Icon Adam Scott As Global Brand Ambassador

September 11, 2025

Eightco Holdings Inc. Announces Nasdaq Ticker Symbol Change To ORBS, Advancing The AI Revolution

September 11, 2025
Most Popular

Learn more about converting HT to HTX tokens

March 9, 2024

Sui Foundation disputes $400 million insider selling allegations as token price surges

October 15, 2024

Yuga Labs restructures the company to build a smaller cryptocurrency-based team.

April 27, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.