On Thursday, the Sui team announced via X that the Sui Network is back up and processing transactions again after experiencing a 2-hour downtime. The 2-hour downtime was caused by a bug in transaction scheduling logic that caused validators to crash, which has now been resolved.
Sui is a Layer 1 blockchain designed to provide top-notch developer and user experiences backed by robust technological foundations. SUI is down 5% in the last 24 hours, trading at $3.5522 per coin.