Solana

Impact

<p>Sui, a decentralized layer-1 blockchain designed for swift smart contract deployment, faced a significant outage on Nov. 21, halting block production for over an hour.</p>
<p>According to data from the Sui Network explorer, SuiVision, no blocks were produced after 9:15 a.m. UTC, marking a serious disruption.</p>
<h3 class="wp-block-heading" id="industry-reactions">Industry reactions</h3>
<p>Observers quickly weighed in on the downtime, with some noting Sui’s aspirations to rival Solana, the fourth-largest cryptocurrency by market capitalization.</p>
<p>“SUI blockchain is down. And they claimed to be a Solana Killer,” crypto YouTuber Ajay Kashyap commented on X.</p>
<h3 class="wp-block-heading" id="impact-on-sui-token-and-exchanges">Impact on SUI token and exchanges</h3>
<p>The outage also affected SUI, the blockchain’s native cryptocurrency, which dropped nearly 11%, trading at approximately $3.40.</p>
<p>Despite the decline, SUI remained up 75% over the past 30 days, according to CoinGecko data.</p>
<p>Some exchanges responded to the disruption, with South Korean platform Upbit temporarily suspending SUI deposits and withdrawals, citing network issues.</p>
<h3 class="wp-block-heading" id="sui-foundation-addresses-the-issue">Sui Foundation addresses the issue</h3>
<p>Roughly two hours after the block production halt, the Sui Foundation acknowledged the problem on X, stating, “We’ve identified the issue, and a fix will be deployed shortly.”</p>
<h3 class="wp-block-heading" id="possible-cause-a-dos-bug">Possible cause: A DOS bug</h3>
<p>Web3 security firm ExVul suggested a denial-of-service (DOS) bug might have caused the outage.</p>
<p>“After our analysis, it was found that the Sui Network node occurred DOS due to integer overflow,” ExVul wrote in an X post.</p>
<h3 class="wp-block-heading" id="moving-forward">Moving forward</h3>
<p>The outage has raised questions about the reliability of Sui as it aims to compete with established networks like Solana.</p>
<p>Observers will be watching closely as the blockchain works to resolve the issue and restore confidence in its system.</p>

Sui Network Suffers Network Outage – Is it Still the Solana Killer?

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