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Decentralized layer-1 blockchain Sui, identified for its fast sensible contract deployment and purpose to grow to be a Solana-killer, skilled an outage as we speak with no blocks being produced for greater than 2 hours.
Knowledge from the Sui blockchain explorer SuiVision exhibits that the final block on the community was produced at 9:15 a.m. UTC, with no new blocks being appended to the community’s chain since.
The Sui standing web page exhibits that the community is experiencing a “main outage” and that mainnet validators are down.
Business Observers React To Sui Community Outage
A number of trade observers have reacted to the challenge’s community outage. Many famous the challenge’s purpose to be one in all Solana’s greatest opponents.
“SUI blockchain is down,” mentioned crypto YouTuber Ajay Kashyap on X, earlier than including,“ And so they claimed to be a Solana Killer.” Many are additionally calling SUI “this cycle’s Solana,” referring to the quite a few outages the Solana community has skilled up to now.
“It’s with nice pause, I declare $SUI formally the subsequent $SOL,” mentioned Ben Armstrong, who was previously referred to as BitBoy.
It’s with nice pause, I declare $SUI formally the subsequent $SOL.
What number of instances do I’ve to say it?
Cannot wait to listen to from the crew on this one. Solana has taught us that its approach higher for a blockchain to be overwhelmed than not used. https://t.co/NaZBtqXrTj
— The BitBoy (@BenArmstrongsX) November 21, 2024
Just a few main crypto exchanges have additionally reacted to the outage by halting withdrawals and deposits by way of the Sui blockchain. Amongst these platforms is the South Korean platform Upbit.
Sui Crew Says A Repair Will Be Deployed “Shortly”
The outage had a unfavorable impression on the worth of SUI, which dropped greater than 4% to commerce at $3.49 as of 8:03 a.m. EST. Regardless of this pullback, the crypto continues to be over 78% within the inexperienced on the month-to-month time-frame. In the meantime, Solana’s SOL gained 2%.
Service Announcement: The Sui community is presently experiencing an outage and never processing transactions. We’ve recognized the problem and a repair might be deployed shortly. We respect your endurance and can proceed to offer updates.
— Sui (@SuiNetwork) November 21, 2024
The challenge’s crew just lately responded to the outage on X, stating that the crew has already recognized the problem and can deploy a repair shortly.
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