Sui Community is again on-line after an almost six-hour outage on Thursday, which it attributed to a bug launched by an replace, marking the layer-1 blockchain’s second interval of downtime in 2026.
Sui posted to X on Thursday that exercise on its mainnet had resumed after “a halt as a result of a crash bug within the gasoline charging logic launched by the 1.72 launch. A full incident evaluation can be shared within the coming days.”
Sui had earlier shared that the blockchain was “experiencing a community stall” and mentioned that transactions might be paused till a repair is rolled out.
The outage lasted 5 hours and 55 minutes, in accordance to the community’s standing indicator. Sui mainnet validators are nonetheless listed as having “degraded efficiency.”
Supply: Sui
It’s the second outage of the Sui blockchain this 12 months, following an identical incident in January the place the community was knocked offline for greater than six hours. One other incident occurred in November 2024, when all validators have been caught in a crash loop for round two and a half hours, stopping transactions from being processed.
Sui is the Thirteenth-largest blockchain by whole worth locked at $542 million and hosts 137 protocols, in accordance to analytics platform DefiLlama.
Sui token drops 6.6% earlier than restoration
The Sui (SUI) token dropped round 6.6% to a low of 90 cents through the outage, in accordance to knowledge from crypto aggregator CoinGecko. It has since recovered barely and was buying and selling for about 93 cents as of early Friday.
SUI dropped about 6.6% through the outage. Supply: CoinGecko
Earlier this month, the token climbed 50% to $1.41 after a number of optimistic developments, together with a Nasdaq-listed firm staking a big portion of the availability and builders asserting upcoming options, together with zero-fee stablecoin transfers and personal transactions.
Sui launched its mainnet in Could 2023, aiming to be scalable and able to processing transactions quick sufficient for monetary establishments.
Associated: CME Group expands crypto futures with Avalanche and Sui contracts
Adeniyi Abiodun, a co-founder of Mysten Labs, the developer of the Sui community, additionally introduced at Consensus 2026 that zero-fee stablecoin transfers would roll out quickly and reiterated plans so as to add a private-transaction characteristic.
Not all main crypto disruptions this 12 months have stemmed from technical points. Drift Protocol, a decentralized cryptocurrency alternate, was hacked in April, inflicting it to quickly droop deposits and withdrawals.
Kelp, a liquid restaking protocol, was additionally focused by a cyberattack in April, prompting the platform to pause good contracts for its restaking token (rsETH) whereas it investigated the incident.
Journal: Polymarket seeks Japan entry, Harvard dumps whole ETH place: Hodler’s Digest, Could 17 – 23
