Avalanche Launches Major Network Upgrade: Bright Future for AVAX Ecosystem

Avalanche, one of the most promising blockchain platforms on the market, has just taken a giant leap forward with the launch of its biggest update to date, Avalanche9000. This new feature promises to revolutionize the Avalanche ecosystem, making it even more attractive to developers and users.

In your website , the developers highlighted: “Avalanche 9000 is the largest network upgrade Avalanche has undergone since mainnet launch, and combined with Avalanche’s innovative consensus applications, it maintains near-instant finality. This upgrade makes launching your own L1 more economically viable, simpler to customize, easier to maintain, and faster to bring to market.”

As highlighted in his release Officially, Avalanche9000 reduces the cost of deploying an L1 by 99,9%, and with hundreds of L1s being developed on the testnet, developers have highlighted that users can expect a burst of releases in the coming months.

Avalanche9000 introduces a number of significant improvements that aim to make the platform more efficient and accessible. One of the main new features is the drastic reduction in the costs of launching subnet blockchains and implementing smart contracts. This means that it is now much easier and cheaper to build decentralized applications (dApps) on Avalanche, which could boost the growth of the ecosystem.

Additionally, the update brings a series of other technical improvements that aim to increase the scalability, security and decentralization of the network.

“Avalanche9000 is doubling down on where it all started, and is reducing the minimum gas fee on the C-Chain by 96%. Blockworks Research predicts a ~50% increase in transactions on the central hub as a result of Avalanche9000,” he explained. Avalanche9000 connects each L1 with enhanced interchain messaging, meaning all Avalanche L1s can benefit from the collective success of being able to communicate with each other and transfer assets.”

At the time of publication, the price of AVAX was quoted at US$ 49,84 with an increase of 1.5% in the last 24 hours. In seven days, the asset appreciated by 14.2%.