Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Avalanche AVAX Forum => Topic started by: MrSpasybo on February 17, 2024, 07:11:58 PM
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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 (https://www.altcoinstalks.com/index.php?topic=316415.0)
[2] AVAX Network Addresses Have Grown By Nearly 100%: John Wu (https://watcher.guru/news/avalanche-avax-network-addresses-have-grown-by-nearly-100-john-wu)
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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?
Compared to other Layer-0 solutions such as Polkadot and Cosmos, Avalanche has recently excelled in technological development and user growth, helping the project to be better promoted and the Avax token price to also grow impressively. Ava Labs and the Foundation have worked extremely well throughout the past crypto winter, now it's time for them to deploy the solution and reap the rewards.
I believe this is just the beginning of Avalanche's success in this cycle. Increased users and increased speed will be important drivers to help Avax continue to stand out and be chosen by both users and market makers in the uptrend!
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Compared to other Layer-0 solutions such as Polkadot and Cosmos, Avalanche has recently excelled in technological development and user growth, helping the project to be better promoted and the Avax token price to also grow impressively. Ava Labs and the Foundation have worked extremely well throughout the past crypto winter, now it's time for them to deploy the solution and reap the rewards.
I believe this is just the beginning of Avalanche's success in this cycle. Increased users and increased speed will be important drivers to help Avax continue to stand out and be chosen by both users and market makers in the uptrend!
Previously, when mentioning Layer-0 and cross-chain, I only thought of Cosmos and Polkadot, but I did not expect Avalanche to follow the Layer-0 direction and develop strongly as recently with high speed, strong ecosystem and reputable partners. Compared to Solana, Avalanche is really much more stable. Unfortunately, there are currently not many new projects launching with large airdrops like Solana, but I believe that Avalanche will become a major force in the market in the coming cycle, similar to what Cardano did in the 2020 cycle.
AVAX target $300 or more optimistically $850 is still worth pursuing ^^
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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].
Except for the bad news about outage because of Inscription, Avalanche has had a lot of positive news lately: invest memecoin carefully, upgrade to 100k tps, now double the number of users and many important partners for the project development. What is significant is that there are up to 100 subnets ready to operate on Avalanche, making Avalanche truly a large Layer-0 in the market, not inferior to Cosmos or Polkadot.
I hope Avalanche will be strong and do what Cardano did in the 2021 season: an old project but an impressive comeback and a token with extremely good price increases!
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Except for the bad news about outage because of Inscription, Avalanche has had a lot of positive news lately: invest memecoin carefully, upgrade to 100k tps, now double the number of users and many important partners for the project development. What is significant is that there are up to 100 subnets ready to operate on Avalanche, making Avalanche truly a large Layer-0 in the market, not inferior to Cosmos or Polkadot.
I hope Avalanche will be strong and do what Cardano did in the 2021 season: an old project but an impressive comeback and a token with extremely good price increases!
It may be due to the success of these partnerships and the Avalanche team's vision of 100k tps scalability that the AVAX token price has been so well supported and is being held above $40. I believe that these developments will gradually have more impact on the price increase of AVAX, as at this time we have not yet experienced 100k tps on Avalanche.
AVAX has outperformed ATOM and DOT in terms of price performance, I continue to follow and have high expectations for the growth potential of the Avalanche ecosystem as well as the AVAX token price this year.