A collapse of the X-point occurs above a critical island width, Δ w c , in the resistive tearing mode for large instability parameter, Δ , leading to current sheet formation [N.F. Loureiro et al. Phys. Rev. Lett. 95, 235003 (2005)]. In this study, we analyze this problem by including viscosity effects on the onset of the X-point collapse and the explosive nonlinear growth dynamics of the reconnected flux. While explosive growth seems to be independent of viscosity in the magnetic Prandtl number regime Pr < 1, a transition behavior is revealed at Pr ≈ 1 for the viscosity dependence of Δ w c , for the X-point collapse as well as the linear tearing instability. A secondary instability analysis, which included quasi-linear modifications of the equilibrium current profile due to the zonal current, shows that current peaking is plausibly responsible for the onset of the X-point collapse and the explosive growth of reconnected flux, which leads to the current sheet formation.