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Sui Network Goes Down for Second Straight Day as Weekly Token Slide Hits 20%

By Decrypt
May 29, 2026
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Recently changing hands at $0.89, SUI is down a further 2% in the last 24 hours and is now more than 83% off its January 2025 all-time high of $5.35. Its weekly decline has placed it among the five worst performing assets of the last week among the top 100 coins by market cap, according to data from CoinGecko. 

Activity on Sui mainnet has resumed after a halt due to a crash bug in the gas charging logic introduced by the 1.72 release. A full incident review will be shared in the coming days.

While a full postmortem of the incident is still to come, the network indicated that its Thursday outage was a result of a bug introduced in its latest release. 

It’s unclear if Friday’s outage is related to Thursday’s incident or the ensuing patch. A representative for the network nor Mysten Labs, the core team behind it, immediately responded to Decrypt’s request for comment. 

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