XRP Ledger faces second outage in 10 days, validators intervene
XRP Ledger restored After an 1H of downtime
On February 5, XRP Ledger experienced a transaction verification failure, causing the network to halt for about an hour.
Ripple's Chief Technology Officer, David Schwartz, acknowledged the issue in a post on X, stating that while the consensus mechanism functioned properly, the outage was caused by a lack of published validations, which led validators to stop confirming transactions.
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Manual intervention from validators was required to restore network functionality. However, Schwartz could not pinpoint the exact cause of the failure. He assured users that "no ledger that had received a majority of validations was lost or affected in any way."
Second outage in 10 days
Consensus is critical for processing transactions in XRP Ledger. If validators fail to agree on which transactions to include, the network stops. The previous incident occurred on January 25, when XRP Ledger suffered a brief 10-minute disruption. Several nodes failed and restarted simultaneously, temporarily halting transaction processing.
Ripple addressed the issue by urging validators and node operators to upgrade to the latest version, Rippled 2.3.0, to improve network stability and prevent similar incidents.
XRP price dynamics for 24 hours on February 5. Source: CoinMarketCap
Meanwhile, XRP's price appears unaffected by the network outage, continuing its decline from last week. On February 3, XRP briefly recovered to $2.78 before resuming its downtrend to the current level of $2.53.
As we wrote, before its legal battle with the U.S. Securities and Exchange Commission (SEC), XRP was the second-largest crypto asset by market capitalization. Taking advantage of political changes in the U.S. favoring cryptocurrencies, Ripple aims to reclaim its market position.
