Network outage doesn’t affect price: The Sui blockchain network encountered a major issue on November 21, 2024, yet the Sui token price remained stable, avoiding the large fluctuations typical in many cryptocurrencies. In fact, the Sui token kept the 3.55 USD price level even after the network was down for 2.5 hours, with a slight increase of 0.88% for the day. This reflects strong investor confidence in Sui.

Congestion control error in Sui: An error in Sui’s congestion control system, under TotalGasBudgetWithCap mode, affected the operation of validators, leading to network downtime. Sui’s advanced architecture includes complex congestion control mechanisms to manage transaction load allocation. During the incident, the network halted when specific conditions like error loops and transaction processing stops occurred.

Rapid response and problem fixing: The Sui development team identified and fixed the error quickly, taking only 2.5 hours overall to restore network operations with a new version released. This, along with Sui’s stable price, indicates investor confidence in the team’s ability to manage and develop the technology.

Optimizing emergency procedures: The incident prompted Sui’s technical team to optimize emergency response processes, focusing on reducing build and deployment time under critical situations. This proactive approach helps distinguish Sui from other projects lacking such structure in the crypto ecosystem.