Following last week’s outages related to the 1.72 release, the Sui Core Team has completed an investigation and incident review, detailing what happened and the steps taken by validators to restart the network.
SUI removed one of the biggest friction points in crypto.
Soon stablecoin transfers on Sui cost $0 in gas fees, and users no longer need to hold SUI tokens just to send money.
This is a huge step toward making on-chain payments feel as simple as normal fintech apps.
Looking at the $SUI chart, it has reclaimed the 20D SMA while the RSI uptrend is still intact.
If $1.05-$1.07 level holds, SUI could have another rally here.