Sui’s Network Hits Trouble Again, Token Prices Drop

The SUI token fell 20 % this week and is now more than 83 % below its peak of $5. 35, trading near $0. 89. On Friday, the Sui layer‑1 blockchain went offline for a second straight day, adding to a series of outages that have plagued the network this year. Developers announced on X that the mainnet was “stalled” and that activity might be paused. A patch restored service for a short time, but the underlying issue remains unclear.The problem on Thursday was blamed on a bug in the latest release, and it is not yet known if Friday’s failure is linked to that or to the fix. No official explanation has been released, and representatives from Mysten Labs have not responded to inquiries. These disruptions come after a similar six‑hour outage in January, raising doubts about the network’s reliability. Sui has been marketed as a “Solana‑killer, ” yet it shares many of the same stability challenges that have affected its competitors.