Avalanche Foundation has just launched the largest network upgrade to date, Avalanche9000, with the Etna upgrade on the mainnet. This is an important transformation in the Avalanche ecosystem, simplifying the deployment of Layer 1 blockchains and eliminating the complexities of the previous Subnet model.

- Etna replaces the old Subnet model, reducing L1 deployment costs by 99.9% and C-Chain fees by 96%.

- This upgrade brings higher flexibility, allowing customization of staking mechanisms, gas fees, tokens, and compliance options.

- Avalanche9000 also integrates Interchain Messaging (ICM), enhancing interoperability between chains.

Despite the significant improvements, AVAX price has not fluctuated much. 🚀