You may have seen that Sui Network experienced an outage, exactly like Solana a while ago...
The Sui Network, often hyped as a "Solana killer," faced its first major outage on Nov. 21, halting block production for over two hours. Sound familiar? Solana’s history of downtime comes to mind, yet somehow it still managed to pump to incredible highs despite those hiccups. Could Sui follow a similar path?...
During the outage, Sui's native cryptocurrency, SUI, took a small hit, dropping nearly 2.4%—yet it’s still up about 91% in the past month. So while the short-term optics are shaky, it’s not all gloom and doom for the long term.
What Happened?
The downtime reportedly stemmed from a bug in transaction scheduling logic, causing validator crashes. A fix was swiftly deployed, and the network is now back online. South Korean exchange Upbit had even paused SUI deposits and withdrawals during the incident—a big deal for liquidity.
Déjà Vu? Solana Flashbacks
Let’s not forget Solana’s repeated outages that led critics to write it off as "unreliable." Fast forward to today, and SOL is still one of the top crypto players. Outages may not be a dealbreaker—especially if the tech and community continue to evolve.
What’s Next?
For now, I still hold SUI because I trust the tech. Not financial advice, though! If you're bullish or bearish and want to act on it, you can trade SUI on Hyperliquid with low fees. Use my link to join: Hyperliquid.
Let’s see if Sui’s journey will mirror Solana’s bounce-back. Or, is this just the beginning of a rocky road? Tell me what you think!