While still waiting for the Avalanche network upgrade to experience speed 100k tps
[1], the Avalanche community has just received extremely bullish news.
The Avalanche ecosystem is experiencing explosive growth: addresses surged nearly 100% in 2023, and the momentum continues with over 80 subnets poised to join the existing 20 live ones.
Avalanche's success is from its focus on scalability, thriving partnerships, and blazing-fast transaction speeds. Notably, Avalanche has joined forces with key partnership to solidify Avalanche's position as a major player in the blockchain space:
- Amazon: Avalanche will assist emerging crypto companies on Amazon Web Services, boosting its mainstream adoption.
- JPMorgan: A joint TradFi solution facilitates tokenization of alternative assets and faster settlements.
- CitiBank: This partnership enables the bank to leverage Avalanche for fund tokenization in the private market[2].
I have been experiencing the power and diversity of the Avalanche ecosystem, and I believe that this development is not a coincidence but the result of tireless efforts throughout the harsh crypto winter 2022-2023. With impressive growth and strategic alliances, Avalanche is ready to welcome the bullrun in 2024-2025. I maintain faith that Avalanche will continue to be a prominent blockchain in the bullrun and AVAX token price will create new high ATH higher than $150.
What do you think about the impressive growth of the Avalanche ecosystem in 2023? Can these very positive results help the Avalanche succeed in the bullrun 2024-2025?
[1]
Avalanche returns to speed racing: 100K tps[2]
AVAX Network Addresses Have Grown By Nearly 100%: John Wu