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Home»Analysis»SUI Price Slides Again After Second Network Halt
Analysis

SUI Price Slides Again After Second Network Halt

May 29, 2026No Comments2 Mins Read
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Sui traders are learning, once again, that blockchain outages and investor confidence rarely mix well.

SUI price kept sliding after the network suffered another disruption tied to the same 1.72 release bug that already triggered concerns earlier this week. The issue was connected to gas charging logic introduced alongside the Address Balances upgrade, forcing validators and the Sui Core Team into repeated emergency fixes just to keep the chain operational.

That’s not exactly the kind of reliability pitch markets reward during fragile conditions.

Sui Mainnet Restarts After Technical Chaos

According to updates shared by the network, activity on Sui mainnet has now resumed and transactions are flowing normally again. The team explained that yesterday’s solution was only an interim fix meant to restore short-term functionality while engineers worked on a permanent patch.

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Unfortunately, the temporary measure carried a known low-probability halt risk.

And the network hit it anyway.

Validators have now implemented what Sui describes as a long-term solution fully addressing the known issues tied to the original bug. A detailed incident review is still pending.

SUI Price Approaches Critical Breakdown Zone

The chart, meanwhile, still looks nervous. SUI price is testing the $0.90 support area intraday after sustained selling pressure followed the repeated halts. If that level breaks decisively, the next major downside zone sits near $0.57 based on recent price structure.

SUI Price Slides Again After Second Network Halt

Still, crypto traders love redemption arcs almost as much as speculation. If the network fix proves stable and confidence returns, SUI price could reclaim the $1.0 region or potentially move higher from current levels.

For now, though, the market appears more interested in stability than promises.

See also  Why Bitcoin crashed below $60K as support fails when buyers are needed most
Halt Network Price Slides Sui
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