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<ul class="wp-block-list news-points">
 <li>SUI faced a block generation halt on November 21st for two and a half hours.</li>
 <li>The development team fixed the issue in a short amount of time.</li>
 <li>SUI has dropped 14% in the past week but is up almost 80% in the past month.</li>
</ul>
Sui Network, a prominent Layer 1 blockchain known for its focus on scalability, experienced a blockchain generation halt last week that led to a significant price crash for its altcoin in the past few days. Over the past 24 hours, the cryptocurrency dropped 5.08%, raising concerns about further declines if buyers don’t step in.
The blockchain network stopped producing blocks for a total of two and a half hours, from approximately 1:15 to 3:45 am Pacific time on November 21st. The <a href="https://x.com/SuiNetwork/status/1859557679909204365" target="_blank" rel="noopener noreferrer nofollow">Sui </a>Network validators entered a crash loop, preventing the blockchain protocol from processing any transactions.
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<a href="https://coinedition.com/sui-soars-440-as-xrp-doge-floki-join-crypto-rally/" rel="noopener noreferrer nofollow">Read also: SUI Soars 440% as XRP, DOGE, FLOKI Join Crypto Rally</a>
The block generation halt stemmed from an upgrade to Sui Network’s congestion control system. A vulnerability in the upgrade created issues for the protocol, but the blockchain network’s development team responded quickly, launching mainnet v1.37.4 and testnet v1.38.1 updates to addre…
The post <a href="https://coinedition.com/sui-network-outage-impacts-sui-price-what-investors-need-to-know/" rel="noopener noreferrer nofollow">Sui Network Outage Impacts SUI Price: What Investors Need to Know</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Sui Network Outage Impacts SUI Price: What Investors Need to Know

Coin Edition

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