I think both your old and new workflow should both produce archival prints. At least if executed as you describe it, there are no obvious problems which would explain this degree of intense deterioration. So maybe the print itself is not the problem.
You say you had your print hanging on the wall for about a year and a half. Have you ruled out influences caused by this hanging on the wall? This relates to humidity, fumes, the archival qualities of the frame, materials (glue?) in contact with the back side of the print, etc?
Have you taken the print out of the frame, what does the back side look like? Is there anything unusual on the back side of the print or the frame?