Avalanche’s Outage Woes Echo Solana’s: AVAX Price Suffers

The Layer 1 blockchain Avalanche suffered a major outage that took its network offline for over five hours on Friday. This interruption halted block production temporarily, causing concern within the crypto community, with some drawing comparisons with Solana. What Caused Avalanche’s Outage Kevin Sekniqi, co-founder of Ava Labs, initially linked the problem to a “new inscription... source: https://beincrypto.com/avalanche-outage-avax-price/