---
title: "Avalanche is Down: AVAX Price is Dipping"
url: https://diffcoin.com/avalanche-is-down-avax-price-is-dipping/
description: "Avalanche is down as major outage is reported."
published: 2024-02-23
updated: 2024-02-23
author: "Mila"
site: "Diffcoin"
---

# Avalanche is Down: AVAX Price is Dipping

Avalanche – one of the leading layer-ones – is experiencing what’s called a “major outage,” according to their official status page.

The outage is ongoing for some 16 minutes, according to the status page – at the time of this writing.

The problem appears to be related to a stall in block finalization:

> Developers across the community are currently investingating a stall in block finalization that is preventing blocks from being accepted by the Primary Network.
> 
> Updates will be posted here as the issue is investigated.

![1](data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA4NTkgMjI0IiB3aWR0aD0iODU5IiBoZWlnaHQ9IjIyNCIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYwMiUyRjEtNS5qcGciIGRhdGEtdz0iODU5IiBkYXRhLWg9IjIyNCIgZGF0YS1iaXA9IiI+PC9zdmc+)

Source: AVAX Status Page

Meanwhile, Avalanche’s AVAX token is dipping as the network goes down.

![avax_price_chart_2302241](data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA4NDQgNTE2IiB3aWR0aD0iODQ0IiBoZWlnaHQ9IjUxNiIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYwMiUyRmF2YXhfcHJpY2VfY2hhcnRfMjMwMjI0MS5qcGciIGRhdGEtdz0iODQ0IiBkYXRhLWg9IjUxNiIgZGF0YS1iaXA9IiI+PC9zdmc+)

Source: CoinGecko

The price is down over 1.3% in the past few minutes, tanking by close to 3% on the day and 12% on the week.

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[Source link](https://cryptopotato.com/avalanche-is-down-avax-price-is-dipping/)