emre yumlu 
Block production on the SUI network stopped, validators were inactive, and the issue is under investigation. As a result, SUI dropped by 10% and fell to $3.4. SUI is developed by Mysten Labs, which is supported by leading crypto investment firms such as a16z Crypto, Coinbase Ventures, and Binance Labs.
Mysten Labs had previously secured an investment of $336 million. Over the past year, SUI has experienced a significant surge, rising by more than 500%.
Latest Update
The SUI network resumed functioning smoothly around 12:15 UTC after the disruption.
With the network back to normal, users and validators were able to continue their operations, overcoming the issues caused by the earlier disruption.
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