🔥 Avalanche Launched Its Largest Upgrade Ever
posted 21 hr ago
Blockchain network Avalanche has announced the launch of its Avalanche9000 upgrade on the mainnet. This is the largest upgrade in the network’s history and introduces several improvements to the chain.
In an X post, the project revealed that communication and asset transfers between layer 1s are now streamlined thanks to Avalanche9000’s enhanced Interchain Messaging.
Launched in September 2020, Avalanche supports the development of custom blockchains (subnets) for specific use cases such as gaming and DeFi. With this recent upgrade, the cost of deploying layer 1 chains on the platform decreases by approximately 99.9%.
In an X post, the project revealed that communication and asset transfers between layer 1s are now streamlined thanks to Avalanche9000’s enhanced Interchain Messaging.
A key component of Avalanche9000 is Etna, an upgrade that enables Layer 1 blockchains to operate independently from the Avalanche Primary Network. Etna addresses the limitations of the subnet model, such as high staking requirements and increased validator operating costs.
Post-upgrade, validators are no longer required to validate both the Primary Network and each subnet, improving efficiency and reducing operational costs.Avalanche’s primary chain will remain the foundation of the network, while Layer 1s can leverage pre-built tools on the contract chain (C-Chain).
According to DeFiLlama, Avalanche is among the 10 largest chains, with a Total Value Locked (TVL) exceeding $1.6 billion as of December 2024. Its native token, AVAX, currently trades at around $50 and is the 11th largest cryptocurrency by market cap.
Post-upgrade, validators are no longer required to validate both the Primary Network and each subnet, improving efficiency and reducing operational costs.Avalanche’s primary chain will remain the foundation of the network, while Layer 1s can leverage pre-built tools on the contract chain (C-Chain).
According to DeFiLlama, Avalanche is among the 10 largest chains, with a Total Value Locked (TVL) exceeding $1.6 billion as of December 2024. Its native token, AVAX, currently trades at around $50 and is the 11th largest cryptocurrency by market cap.
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