Sui Foundation says ‘major upgrade’ fixed bugs behind three outages
The Sui Network's first two outages were caused by bugs introduced in its 1.72 update, while an interim fix deployed to restore the blockchain triggered the third....
Key takeaways
- 1Sui Network experienced three outages totaling 15+ hours; bugs in version 1.72 caused gas-charging and randomness-state crashes.
- 2SUI token dropped 11% to 88 cents following outages after trading at 99 cents pre-incident on Thursday.
- 3Sui Foundation confirmed no user funds lost and no committed transactions reverted; network fully operational with permanent fixes applied.
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Why it matters
Sui's outages highlight smart contract platform risks that directly impact investor confidence and token valuations. For Indian retail investors, network stability issues demonstrate the importance of diversifying across proven blockchain ecosystems before committing capital to emerging Layer-1 projects.
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