In 2020 cycle, Avalanche emerged as a blockchain with high speeds and very low transaction fees, directly competing with Solana in NFTs, Defi and GameFi. Recently, the birth of a ASC-20 Inscription tokens serries on Avalanche has brought this blockchain back to the attention of investors and the price of AVAX token has quickly grown strongly, not inferior to Solana's SOL token.
Currently, Avalanche's C-chain is the focus, making Avalanche a Layer-0 similar to Cosmos and Polkadot. I believe in future of crosschain trend and I also believe that Avalanche will gain market share in this potential sector in next 2024 cycle.