After a second shutdown, SUI resumed operation, and its price dropped towards $0.90.
Coinpedia
05-30 02:12
Ai Focus
The SUI mainnet has resumed operation after a second shutdown, and validators say they have deployed a long-term recovery plan. The SUI price continues to test the $0.90 support level.
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The Sui mainnet has resumed operation after experiencing another outage this week. This outage was related to the 1.72 update, specifically the gas billing logic introduced by the Address Balances upgrade. Following two consecutive anomalies, market concerns about network stability have intensified, putting continued pressure on the SUI token price.

The problem is related to version 1.72.

Sui's core team and validators had previously addressed the same issue on an emergency basis, but the temporary solution itself still carried a small risk of network outage, and the network subsequently triggered anomalies again. Latest developments indicate that validators have deployed a solution described as a long-term fix to address known issues related to the original vulnerability.

The incident review report has not yet been released, and the public is still waiting for a more complete technical explanation, including the fault triggering process, the scope of impact, and subsequent preventive measures.

The market is focused on the $0.90 level.

Following the continued network outages, SUI prices continued to decline, testing support around $0.90 during the session. The article states that if this level is breached, the next more significant downside area could be around $0.57, a range derived from recent price action.

However, if the fix works stably and market confidence gradually recovers, SUI may have a chance to return to above $1.0.

Stability becomes the focus in the short term

For public blockchain projects, consecutive mainnet outages often directly impact trader sentiment. Compared to growth expectations, the current market is more focused on whether the network can maintain stable operation.

This also means that the key to affecting SUI performance going forward will not only be whether the fix has been implemented, but also whether the mainnet can avoid similar problems from happening again in subsequent operations.

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