Blockchain security firm PeckShieldAlert confirmed the disruption, noting that the “Sui blockchain network appears to be experiencing delays, with reports indicating that the latest block has produced over an hour ago.” #PeckShieldAlert #Sui blockchain network appears to be experiencing delays, with reports indicating that the latest block was produced over an hour ago pic.twitter.com/KHFpmMqKxB — PeckShieldAlert (@PeckShieldAlert) November 21, 2024 The incident has sparked discussions on social media, with several crypto community members drawing parallels between Sui’s current situation and Solana’s past network outages.
Crypto analyst Quinten Francois commented, “SUI has been down for 55 min, with no blocks produced during this period.SOL 2.0? ” Similarly, WantCoinNews expressed interest in how the Sui community and developers will handle the downtime, stating that their response could “either destroy or strengthen the trust in the chain.” They added a personal note, saying, “Let me just ignore this Solana type FUD and look for entries.Minimum $5.” Ben Armstrong, known as BitBoy, weighed in on the matter: “It is with great pause, I declare SUI officially the next SOL.
This marks the first major outage for the project, a blockchain praised as “Solana killer.” SUI Price Crashes Following Network Outage Members of the community have suggested that issues with validators might be the cause of the disruption.
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