Ethereum Competitor Avalanche (AVAX) Suffers Five-Hour Network Outage

The prominent layer-1 blockchain and Ethereum (ETH) rival, Avalanche (AVAX), experienced a five-hour network outage. According to Avalanche's data-tracking platform, Avalanche Status, the blockchain experienced an outage that prevented blocks from being accepted on its primary network. "Developers across the community are currently investigating a stall in block finalization that is preventing blocks from being accepted on the primary network. Updates will be posted here as the issue is investigated."

However, the issue has since been resolved as of Friday morning due to an update. According to Patrick O'Grady, Ava Labs' vice president of platform engineering, upgrading to AvalancheGo v1.11.1 solved the issue, which was rooted in node validators excessively communicating.