Avalanche has officially launched its largest network upgrade to date - Avalanche9000 - bringing major improvements to the blockchain's subnet deployment capabilities and validator operations.
The upgrade introduces key changes that slash the cost of launching Layer-1 blockchains on Avalanche by 99.9%, making it substantially more affordable for developers to build and deploy decentralized applications (DApps).
A notable feature of Avalanche9000 is the "Etna" upgrade, which transforms how validator nodes operate. Under the new system, validators no longer need to verify the main chain when validating specific subnets, leading to reduced operational costs and hardware requirements.
Previously, validators had to stake 2000 AVAX tokens (approximately $100,000 at current prices) to validate the primary network. The new dedicated validator sets now enable chains to operate independently from the main network, making it easier to meet various regulatory requirements across jurisdictions.
The timing of this upgrade appears strategic, as hundreds of Layer-1 projects are currently being developed on the testnet. Industry observers anticipate a surge in launches on the Avalanche network in the coming months.
The AVAX token has shown positive momentum following the upgrade announcement, recording a 3.72% increase in 24 hours as it approaches the $50 mark. This follows recent price gains driven by a successful token sale to investors, with funds allocated to support innovators launching projects post-Avalanche9000.
Market analysts remain bullish on AVAX's price trajectory, with predictions suggesting a potential rise to $70. The combination of technical improvements, growing investor confidence, and increased network activity could serve as catalysts for future price appreciation.
The launch of Avalanche9000 marks a new chapter in the network's evolution, potentially positioning it as a more competitive platform in the blockchain space through improved accessibility and reduced barriers to entry for developers.
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