Ava Labs co-founder Kevin Sekniqi believes the issue may be related to a recently launched inscription wave.
Update (Feb. 23 and 1:28 PM UTC): This article has been updated to insert new information published by Ava Labs co-founder Kevin Sekniqi.
The decentralized application (DApp) platform Avalanche had a significant technical disruption impacting the block production of the proof-of-stake (PoS) blockchain.
Similar reports on Avalanche’s block production halting surfaced on March 23, 2023. At the time, the Avalanche blockchain explorer showed that the C-chain stopped producing blocks. However, Sekniqi explained that the network had been unstable due to a bug with its v1.9.12, and the team deployed a fix to stabilize the network.
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Source: https://cointelegraph.com/news/avalanche-block-production-stops-inscription-issues