Hassan Maishera
TL;DR
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The XRP Ledger froze for 64 minutes but has now fully recovered.
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Ripple’s CTO said the team is currently investigating the cause of the network failure.
XRP Ledger Resumes Block Processing After a Brief Halt
Ripple announced during the late hours of Tuesday that its XRP Ledger has recovered from a network glitch that prevented validations from being published for 64 minutes.
In a tweet, Ripple’s chief technology officer, David Schwartz, confirmed that the blockchain is now processing transactions again.
XRP Ledger’s activities froze at block height 93927174 for 64 minutes before the blockchain was rebooted on Feb. 4 at 10:58 am UTC. Schwartz confirmed that validators were not being published while consensus was running, causing the network to drift apart.
The network is now recovering. We don't know exactly what caused the issue yet.
— David "JoelKatz" Schwartz (@JoelKatz) February 4, 2025
Super-preliminary observation: It looked like consensus was running but validations were not being published, causing the network to drift apart. Validator operators manually intervened to choose a…
The CTO added that validator operators had to manually intervene to choose a sane starting point to build enough consensus to pull the network to a coordinated ledger stream.
However, the observations remain preliminary as the Ripple team continues investigating the cause of the outage.
Amidst the network glitch, RippleX assured customers that their funds remained safe throughout the incident.
RippleX’s X account noted that customer funds remained safe throughout the incident. XRP is down 1.2% in the last 24 hours and currently trades at $2.53 per coin. With a market cap of $145 billion, XRP is currently the third-largest cryptocurrency by market cap.
