Avalanche Blockchain Growth

Some coins, in my opinion, will perform exceptionally well during the upcoming bull market. The first one was an avalanche since the bear market has been extremely busy. Their Subnet is one of the things they have been working on. This technology, which is extremely bullish in and of itself, enables tremendous scaling for Avalanche. Evergreen Subnets, which are customized Subnet blockchains for institutions, were also introduced by them. Value is dispersing like a flywheel from the main Avalanche Blockchain. There is a lot of scalability coming to Avalanche as the Fuji test net for the Subnets has already grown to 400 Subnets. Ava Labs has also introduced Ava Cloud, a Suno code tool, to help businesses advertise Blockchain technologies faster and more affordably.

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Additionally, they have partnered with Alibaba to introduce the Cloud verse. The USDC Stablecoin's creator, Circle, recently announced the launch of a native cross-chain stablecoin transfer protocol linking Ethereum and Avalanche that enables native stablecoin transfers back and forth between those networks. On the Avalanche Network, they also introduced the EUROC coin. Then came the major news, such as their relationship with SK Planet, which gave them access to over 90,000 retailers and tens of millions of individuals in Korea. Just one day after being live, the SK Planet Subnet had 30,000 KYC distributed to users and 100,000 transactions.

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Avalanche has also been working on various significant Blockchain projects. How about this Avalanche, which in a Bear Market just hit a million monthly active users. In the past few months, daily transactions either used twice as much Ethereum or at a level with the Ethereum Mainchain. This is being done at position 145 on the Ethereum Marketcap. For all of these reasons, I believe that Avalanche is heading in the correct route to be able to acquire more market share, and more market share equals more interest in the AVA currency. If they maintain that momentum, they are moving in the right direction.