COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Avalanche Network Experiences Outage
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Avalanche (AVAX) > Avalanche Network Experiences Outage
Avalanche (AVAX)

Avalanche Network Experiences Outage

In Brief

  • Avalanche (AVAX) network faces unexpected disruption.

  • Developers are investigating the cause of the stoppage.

  • AVAX price dips following the network issue.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

This headline might be most fitting for Solana, but today’s topic is different. One of its biggest competitors is experiencing this issue. Network outages in smart contract platforms that emerged as alternatives to the Ethereum network are becoming more common. Solana leads in this regard, and having 1-2 outages per year has become the norm.

Avalanche (AVAX) Halts

At the time this article was prepared, the Avalanche (AVAX) network had halted, and developers were still investigating the cause. Kevin Sekniqi from Ava Labs mentioned that new blocks could not be produced and that the outage might be related to inscriptions that started about an hour ago. Inscriptions, which have become a part of our lives with Bitcoin ordinals, can significantly increase network load and lead to prolonged outages.

Kevin from Ava Labs stated the following;

“We are currently investigating a primary network block production issue on Avalanche. It seems to be related to a new wave of inscriptions that started about an hour ago. This is clearly an unusual error resulting from some edge cases that need to be addressed quickly. There could be some mempool processing issues related to inscriptions hitting some untested edge cases.”

As you may recall, we have seen such pauses in Litecoin, Dogecoin, and a few other networks before. The AVAX price dropped from $36.7 to $36.23 as the network halted. With the resolution of the issue, a reversal of sales is likely, so be especially cautious of sudden movements in futures trading.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Unlocking Financial Efficiency: How Avalanche is Reshaping Traditional Finance

Watch AVAX Soar: Major Price Predictions Ignite New Interest

Grayscale’s Avalanche ETF Proposal Sparks Excitement in the Crypto Market

Unlock AVAX Potential: ETF Applications Spark Interest in Crypto Market

VanEck Files for Avalanche ETF, Sparking Price Surge and Investor Interest

COINTURK NEWS 23 February, 2024 - 3:53 pm 23 February, 2024 - 3:53 pm
Share This Article
Facebook Twitter
Share
Previous Article OXFUN Secures $4 Million Investment to Strengthen Its Decentralized Trading Platform
Next Article Bitcoin ETFs Attract Strong Interest Despite Market Fluctuations
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Crypto Predictions Heat Up: Expect Ethereum to Lead the Charge This Summer
Altcoin News
Dive into Bitcoin’s Rollercoaster Ride and Fed Insights
Economy
Hackers Breach Coinbase and Compromise Sensitive User Data
Coinbase
Markets React to Moody’s Credit Downgrade of the US
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?