Before & After: Avalanche 9000 Impact
Flipside AI
The Avalanche network experienced significant transformation after the Etna upgrade, with Trader Joe DEX seeing a surge in new traders from 700 to 7,116 daily, a 45% increase in trading volume to 363M USD, and a 68% increase in average trades per trader. The network also saw a 400% surge in reward claiming volume, indicating heightened user engagement, while experiencing some volatility with AVAX token price declining 10% and protocol fees dropping from 366k USD to 130k USD daily.
The Avalanche 9000 upgrade significantly enhances the Avalanche blockchain by improving scalability, reducing entry barriers for developers, and introducing advanced customization options. Key features include the removal of the 2,000 AVAX staking requirement for launching L1 blockchains, allowing broader access to development. Developers now have more flexibility to choose gas tokens, design staking mechanisms, and create governance models. The upgrade also simplifies the launch process for independent L1s by enabling permissionless validation and provides updated tools, such as SDKs and APIs, alongside $40M in incentives through the Retro9000 program. These changes are especially beneficial for gaming and decentralized applications, fostering low costs, high throughput, and developer flexibility.
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