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Avalanche is Down: AVAX Value is Dipping


Avalanche – one of many main layer-ones – is experiencing what’s referred to as a “main outage,” in keeping with their official standing web page.

The outage is ongoing for some 16 minutes, in keeping with the standing web page – on the time of this writing.

The issue seems to be associated to a stall in block finalization:

Builders throughout the neighborhood are at the moment investingating a stall in block finalization that’s stopping blocks from being accepted by the Major Community.

Updates will probably be posted right here as the problem is investigated.

1
Supply: AVAX Status Page

In the meantime, Avalanche’s AVAX token is dipping because the community goes down.

avax_price_chart_2302241
Supply: CoinGecko

The value is down over 1.3% previously jiffy, tanking by shut to three% on the day and 12% on the week.

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