The Sui Network released its first network outage analysis report, revealing that a bug in its upgrade code caused a network downtime that lasted for 2.5 hours. The outage occurred on November 21, 2024, and halted transaction processing as validators were stuck in a crash loop. The bug was identified and fixed within 15 minutes of the release of the fix. Sui stated that it will focus on strengthening its testing systems and improving build workflows to prevent similar issues in the future. Despite the outage, SUI's market price remains strong, trading at $3.64 with a market cap of $10.37 billion.



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