β‘οΈ What is it?
Avalanche is a decentralized, open-source Layer-1 blockchain designed for high-speed and scalable decentralized applications (dApps) and smart contracts. It was developed by Ava Labs and launched in September 2020.
π₯ Why is it trending?
β’ Rising network activity: In late January 2025, Avalanche recorded over 250,000 daily active addressesβthe highest since May 2023.
β’ New feature launches: In March 2024, Avalanche introduced the Durango update and a new cross-subnet messaging tool, improving ecosystem connectivity.
β’ Major partnerships: In January 2023, Avalanche announced a partnership with Amazon Web Services (AWS) to enhance blockchain infrastructure.
π Outlook
Avalanche continues to solidify its position as a leading Layer-1 blockchain, offering fast transactions and low fees. With growing adoption and strategic collaborations, AVAX has strong potential for further ecosystem expansion.
