The Sui Network, a layer 1 blockchain developed by Mysten Labs, experienced a network outage on Thursday after the project declared its mainnet “blocked,” temporarily halting transaction processing.
“Sui Mainnet is currently experiencing a network blockage. The Sui Core team is actively working on a solution,” the project posted on X. “Please be aware that transactions may be suspended at this time. Updates will be shared as soon as they become available.”
The disruption appeared to interrupt activity on the network, although the team had not yet revealed the cause of the problem at the time of publication.
This incident is part of a series of technical disruptions for Sui. Blockchain has previously faced periods of degraded performance and outages, including one earlier this year.
Sui, launching in 2023, is part of a group of newer layer 1 blockchains competing with Ethereum and Solana by offering high-throughput transactions and low fees. The network’s native SUI token is down 8% over the past 24 hours, although broader crypto market conditions are mixed.
Blockchain outages remain a closely watched issue among traders and developers, particularly for networks that tout themselves as high-performance infrastructure for decentralized finance and gaming applications.
The Sui team said it would provide additional updates as the investigation continues.
Read more: Crypto for Advisors: Dismantling the Sui Blockchain
