Home Investing SUI Price Slides Again After Second Network Halt
Investing

SUI Price Slides Again After Second Network Halt

Share

The post SUI Price Slides Again After Second Network Halt appeared first on Coinpedia Fintech News

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.

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.

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.

Share
Related Articles

Is it a golden opportunity to buy ServiceNow stock as a rare pattern nears?

ServiceNow stock has remained in a strong bull run this month, moving...

Salesforce’s AI Shock: Is Software Finally Rotating

Salesforce’s latest earnings did more than rescue a stock that had spent...

IREN stock jumps ahead of earnings as neoclouds cheer Nvidia’s results

IREN stock jumped over 4%, mirroring gains at other neocloud companies like...

Salesforce (CRM) Jumped 20% as Agentforce Revenue Soared…

Salesforce (NYSE: CRM) delivered the quarter its investors had waited more than...