• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Avalanche9000: New Upgrade and Its Features

user avatar

by Giorgi Kostiuk

a year ago

Avalanche has introduced its Avalanche9000 upgrade, aimed at improving scalability and lowering operational costs.

Key Features of the Avalanche9000 Upgrade

The main changes include reducing basic C-Chain fees and modifying the payment model for validators. There are also independent chain operations and enhanced interchain communication.

From Testnet to Mainnet Success

Before the mainnet launch, the upgrade was tested on the 'Fuji' testnet, demonstrating readiness and stability. Ben Forman endorsed this upgrade, acknowledging Avalanche as a major player in on-chain institutional finance.

Avalanche is a 'major player' in enabling on-chain institutional finance.Ben Forman

Financial Support and Previous Successes

The upgrade was preceded by a $250 million raise led by Galaxy Digital and others, raising Avalanche’s treasury value to $3 billion in AVAX tokens.

The Avalanche9000 represents a leap forward, offering more efficient and cost-effective opportunities for developers and projects.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

USDTWD Exchange Rate Consolidation Near 32 Level Amid Economic Shifts

chest

The USDTWD currency pair shows a consolidation bias around the critical 32 level amid Taiwan's economic shifts.

user avatarLi Weicheng

Jed McCaleb Redirects $1 Billion from XRP to AGI Investment

chest

Jed McCaleb redirects $1 billion from his XRP fortune to invest in Artificial General Intelligence (AGI), aiming to build an AI system inspired by the human brain.

user avatarTenzin Dorje

Astera Institute to Focus on Neuroscience-Inspired AI Development

chest

The Astera Institute, founded by Jed McCaleb, will enhance its focus on neuroscience-inspired approaches to AI development.

user avatarAisha Farooq

Technology Stocks Lead Market Gains Amid Improved Risk Appetite

chest

Technology shares rebounded strongly, driving much of the market's gains as investor sentiment improved.

user avatarBayarjavkhlan Ganbaatar

Nubank's Nucoin Faces Major Collapse

chest

Nubank's loyalty token, Nucoin, launched in 2023, has collapsed by 97%, leading to trading suspension in September 2024, affecting sixteen million users.

user avatarMohamed Farouk

Bitcoin's Correlation with SP 500 Shows Signs of Weakness

chest

Recent analysis indicates that Bitcoin is not decoupling from the SP 500 despite a negative correlation in short-term movements.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.