The second major shutdown in 2026, repairs are quick but confidence rebuilds slowly.


Can an ecosystem with a TVL of 542 million withstand being played with this many times?
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CoinNetwork
CoinJie Network news reports that the SUI blockchain has come back online after nearly six hours of downtime. The outage was caused by a bug in its version 1.72 software. The issue led to a pause in mainnet activity and temporarily disrupted transaction processing, and developers restored service after deploying a fix. This outage was the second major shutdown event for SUI in 2026, resulting in an approximately 6% drop in the SUI token price. During the outage, the token price briefly fell to around $0.90, and after service was restored, it slightly rebounded to $0.92. Despite the challenges, SUI remains one of the larger blockchain ecosystems in the industry, and data shows that it ranks near the top in total value locked, at approximately $542 million.
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