The $SUI blockchain is experiencing significant issues, with no new blocks produced for over 1 hour and 15 minutes. Despite this, the official Sui Network website continues to display all systems as operational.
According to the data, the network stopped producing blocks at 09:15 UTC and has yet to recover. This has raised concerns with the community, with some suggesting that validator problems could be at the root of the issue.
Upbit, a major cryptocurrency exchange, has paused SUI deposits and withdrawals, citing the network’s issues. Community members are expressing frustration on Twitter, comparing the Sui Network’s downtime to previous incidents with Solana. Is Sui the Next Solana? People are questioning this as Sui is following the exact footsteps of Solana.
The Sui team is currently investigating the cause of the disruption, but no official update has been released yet.