Sui Network Goes Down for Second Straight Day as Weekly Token Slide Hits 20%
Summary
SUI fell 20% on the week and another 2% in the last 24 hours after Sui mainnet suffered a second straight day of network stalls and downtime. The token recently traded at $0.89, more than 83% below its January 2025 high of $5.35. The network said activity may be paused and previously confirmed a Thursday outage caused by a crash bug in gas-charging logic introduced in version 1.72; a patch restored service temporarily. It’s unclear whether Friday’s stall is linked to the prior incident. Sui also had a similar six-hour outage in January. Despite the drop, SUI’s market cap is still around $3.6 billion.
