Sui
Why Sui is down 4.1% today
Analysis
Sui (SUI) fell 4.1% over the past 24 hours as traders reacted to reports that the Sui network temporarily stalled again after a prior outage, raising renewed reliability concerns. Adding to negative sentiment, CoinDesk reported that Sui wallet data was among targets in a “TrapDoor” package attack, which can pressure prices even when the issue is broader than a single chain.
Contributing Factors (3)
Sui network temporarily stalls again after Thursday's outage
The outage was caused by the same network update software bug that disrupted the protocol on Thursday, which resulted in nearly six hours of downtime.
Solana, Sui and Aptos wallet data targeted in TrapDoor package attack
The campaign targets crypto, DeFi, AI and security developers with fake tooling packages to steal wallets, SSH keys, GitHub tokens, cloud credentials and browser data.
Sui Network Goes Down for Second Straight Day as Weekly Token Slide Hits 20%
The Sui token is among the worst performing top 100 crypto assets of the last week in the wake of back-to-back outages.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.