Layer-1 networkAvalanche’s status page indicates that it hasn’t produced a block in almost two hours.According to Kevin Sekniqi, co-founder of Ava Labs, the problem “seems to be related to a new inscription wave.”Without using smart contracts, arbitrary data can be recorded on the blockchain using inscriptions.They first became popular on Bitcoin because it made it possible for users to mint NFTs on the network.
“Developers across the community are currently investigating a stall in block finalization that is preventing blocks from being accepted on the Primary Network,” a notice on Avalanche’s website states.
TradingView reports that the network’s native token (AVAX) has decreased by 1.5% since the last block was generated.
rival blockchainEarlier this month, Solana experienced a five-hour outage due to severe congestion.