SUI Price Slides Again After Second Network Halt

Coinbase
Coinbase


Sui traders are learning, once again, that blockchain outages and investor confidence rarely mix well.

SUI price kept sliding after the network suffered another disruption tied to the same 1.72 release bug that already triggered concerns earlier this week. The issue was connected to gas charging logic introduced alongside the Address Balances upgrade, forcing validators and the Sui Core Team into repeated emergency fixes just to keep the chain operational.

That’s not exactly the kind of reliability pitch markets reward during fragile conditions.

Sui Mainnet Restarts After Technical Chaos

According to updates shared by the network, activity on Sui mainnet has now resumed and transactions are flowing normally again. The team explained that yesterday’s solution was only an interim fix meant to restore short-term functionality while engineers worked on a permanent patch.

okex
Add Coinpedia as a trusted source in Google NewsAdd Coinpedia as a trusted source in Google News

Unfortunately, the temporary measure carried a known low-probability halt risk.

And the network hit it anyway.

Validators have now implemented what Sui describes as a long-term solution fully addressing the known issues tied to the original bug. A detailed incident review is still pending.

SUI Price Approaches Critical Breakdown Zone

The chart, meanwhile, still looks nervous. SUI price is testing the $0.90 support area intraday after sustained selling pressure followed the repeated halts. If that level breaks decisively, the next major downside zone sits near $0.57 based on recent price structure.

SUI Price Slides Again After Second Network HaltSUI Price Slides Again After Second Network Halt

Still, crypto traders love redemption arcs almost as much as speculation. If the network fix proves stable and confidence returns, SUI price could reclaim the $1.0 region or potentially move higher from current levels.

For now, though, the market appears more interested in stability than promises.

Was this writing helpful?

Story Ends Here

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Read the Next News



Source link

fiverr

Be the first to comment

Leave a Reply

Your email address will not be published.


*