The light novel has been discontinued (Yeah It Sucks) however the web novel is still ongoing but it is on hiatus at the moment and from what I know it's still being translated

It's LN is not actually discontinued, they only made LN till ains teenage arc.

Aizen, the WN is still continuing. The translator actually redone the entire WN from start and already went past LN ending and started the next phase of the story.
Looking forward to your WN release.