Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»BITCOIN NEWS»Avalanche C-Chain experiences block production interruption, AVAX price reacts
BITCOIN NEWS

Avalanche C-Chain experiences block production interruption, AVAX price reacts

By Crypto FlexsFebruary 23, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Avalanche C-Chain experiences block production interruption, AVAX price reacts
Share
Facebook Twitter LinkedIn Pinterest Email

In recent developments, the Avalanche (AVAX) C-Chain encountered Block production was severely disrupted, halting for over an hour. The outage affecting the underlying network was observed via the Avascan browser, with the last transaction recorded at block 42046853 (19:13 UTC+8).

Other subnets experienced some delays, but the primary network was most affected.

Avalanche C-Chain block production discontinued

Ava Labs, the team that developed the Avalanche protocol, acknowledged the issue and immediately began investigating. Depending on the According to Avalanche co-founder Kevin Sekniqi, the outage is believed to be related to a new wave of inscriptions that began about an hour before block production stopped.

Sekniqi said he was confident the incident was caused by an “esoteric bug” resulting from an untested edge case, and emphasized the need for a quick resolution.

The outage is believed to be related to a mempool processing issue, specifically related to inscriptions, which resulted in an untested edge case.

When asked about the likelihood of such untested scenarios occurring, Sekniqi acknowledged that ideally there should be no untested edge cases, but that the massive codebase and constant updates make it difficult to predict all possible scenarios.

Avalanche C-Chain outage notification. Source: @PeckShield on X

The Avalanche co-founder further clarified that while thorough testing will be conducted on the testnet, the complexity of the mainnet environment may lead to “unforeseen issues.”

At this time, Avalanche Protocol has not released any further official statement and is awaiting further reports and updates from the development team to gain further insight into the situation.

AVAX price falls

While the block production outage occurred, the price of AVAX, which serves as the native token for the Avalanche protocol, reacted negatively, further extending the ongoing downward trend observed since Thursday when the price was at $43.

Currently, the AVAX price has reached $36.13, down over 2% in the last 24 hours and a significant decline of 11.7% over the past 7 days.

avalanche
The daily chart shows that the price of AVAX is trending downward. Source: AVAXUSD on TradingView.com

The subsequent actions taken by the Avalanche team in response to this situation and the resulting impact on AVAX prices are yet to be determined.

Featured image from Shutterstock, chart from TradingView.com

Disclaimer: This article is provided for educational purposes only. This does not represent NewsBTC’s opinion on whether to buy, sell or hold any investment, and of course investing carries risks. We recommend that you do your own research before making any investment decisions. Your use of the information provided on this website is entirely at your own risk.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

BTC price could be range-bound to $60,000-$80,000 pending a rate cut.

November 20, 2025

Bearish Administration: Let’s take a look at how the Bitcoin price has changed since Donald Trump became President.

November 14, 2025

Is Bitcoin price bottoming? The latest on-chain data suggests:

November 8, 2025
Add A Comment

Comments are closed.

Recent Posts

Wallet In Telegram Lists Monad, Enabling Telegram TGE Trading & Expanding MON Distribution

November 24, 2025

Wallet In Telegram Lists Monad, Enabling Telegram TGE Trading & Expanding MON Distribution

November 24, 2025

MEXC’s ENA Extravaganza Concludes With 51,000+ Participants And $79.7 Billion In Trading Volume

November 24, 2025

Solicoin (Soli) is now available for presale! 🎉

November 24, 2025

Chainlink is the ‘critical connective tissue’ for tokenization

November 24, 2025

Whale sells 190 million Ripple, Binance Coin loses steam, Digitap gains bullish momentum through utility-based growth.

November 23, 2025

Monad Price is in the spotlight, having raised $269 million ahead of its mainnet launch.

November 23, 2025

Grayscale calls Chainlink the ‘essential infrastructure’ for tokenized finance in new research.

November 23, 2025

Aave launches V4 testnet with developer preview of upcoming “Pro” experience.

November 22, 2025

Metaplanet plans to raise $135 million to buy more Bitcoin.

November 22, 2025

MEXC Launches Ethereum Eco Month With $1 Million Prize Pool

November 21, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Wallet In Telegram Lists Monad, Enabling Telegram TGE Trading & Expanding MON Distribution

November 24, 2025

Wallet In Telegram Lists Monad, Enabling Telegram TGE Trading & Expanding MON Distribution

November 24, 2025

MEXC’s ENA Extravaganza Concludes With 51,000+ Participants And $79.7 Billion In Trading Volume

November 24, 2025
Most Popular

Forcount ‘Ponzi’ top promoter pleads guilty to wire fraud conspiracy

June 6, 2024

How “Quantum Computing” Could Soon Crack Bitcoin

December 7, 2023

Buying Rolex with Bitcoin and Cryptocurrencies (Complete Guide)

December 7, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.