Ravencoin fell to a record low after a network consensus vulnerability was exploited on the mainnet, sending the RVN token sharply lower and prompting exchanges to restrict transfers. During the selloff, RVN dropped to $0.002754, roughly 22% below its 24-hour high of $0.003529, according to a Cointelegraph report cited in the source material.

Trading activity spiked as the incident unfolded. Volume climbed above $18 million before easing to about $9.6 million, while the token recovered slightly from its intraday low and was changing hands near $0.00284 at the time of publication.

Exploit affected block validation

Ravencoin said the exploit caused vulnerable nodes to accept invalid blocks. The problem first appeared at block height 4,487,776, and additional invalid blocks were later produced after the flaw was reproduced on the mainnet.

That sequence turned the issue into a live consensus problem rather than a contained software bug, because nodes exposed to the vulnerability were no longer agreeing on valid chain history. The source article did not say how many nodes were affected, but it did state that invalid blocks were accepted by vulnerable parts of the network.

Mining pools build an alternative chain

Two major mining pools, 2Miners and RavenMiner, are working on a separate chain intended to exclude the section of the ledger created after the problematic block. According to the report, those pools control most of Ravencoin's hash rate.

If their competing chain becomes the dominant one, the network could undergo a reorganization spanning roughly three days of blocks. In practical terms, transactions confirmed after block 4,487,775 could be reversed if that chain is ultimately adopted by the network.

Exchanges limit transfers while trading remains open

Ravencoin urged exchanges to pause deposits and withdrawals until the chain becomes stable. The concern is that transfers confirmed on one version of the chain may not remain final if a deeper reorganization takes place.

Upbit and Bitget suspended RVN deposits and withdrawals in response. Upbit, however, continued to allow trading in the token even as transfer functions were halted.

What comes next

The immediate next step is whether the chain backed by 2Miners and RavenMiner can take control and replace the post-4,487,775 segment. That outcome would determine whether the expected reorganization actually happens and whether recent transactions are rolled back.

Until the network stabilizes, the main confirmed measures are the mining pools' competing-chain effort and exchange restrictions on RVN transfers. The source article did not provide a timeline for a final resolution beyond the possibility of a reorganization covering about three days of blocks.

Source: en.bloomingbit.io