The Sui Network experienced a second consecutive day of outages on Friday, with the mainnet going offline for nearly two hours. This disruption follows a more severe five-hour outage on Thursday, attributed to a defect in the gas charging logic introduced by the latest protocol upgrade, version 1.72. The network team is investigating the cause of the repeated halts, which have raised concerns about the protocol's reliability and the resilience of its consensus mechanism.
The SUI token has been significantly impacted, dropping 2% on Friday and 20% over the week, trading near $0.9067. The outages have shifted focus from the new features introduced in the 1.72 release, such as Address Balances and Gasless Stablecoin Transfers, to the execution discipline of the network's upgrades. The repeated downtime has drawn scrutiny from institutional integrators and affected the token's market performance, with SUI among the worst performers in the top-100 cryptocurrencies.
Sui Network Faces Second Outage, SUI Token Drops 20% Weekly
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