Sui faces technical issues: The Sui network encountered its first technical issue on November 21, 2024, causing an operational disruption. However, notably, the price of Sui tokens remained stable, with little fluctuation. This indicates good control from the development team.

Technical analysis of the issue: The issue arose from a fault in Sui’s control system, affecting network validators. Despite the problem, the team swiftly identified and fixed the fault in just 2.5 hours, releasing a new version to prevent recurrence.

Investor confidence: After the incident, Sui tokens remained stably priced at 3.55 USD with high trading volume, indicating investor confidence. Unlike meme coins, Sui has a solid infrastructure, attracting investors looking for long-term stability.

Efforts to optimize processes: The Sui team is working on optimizing emergency response processes to reduce future incident handling time. This proactive approach sets Sui apart in the cryptocurrency ecosystem, contrary to the disorganization of many meme coins.