👉 Avalanche reduces costs of new blockchains by 99.9%. The Avalanche blockchain announced the Avalanche9000 update, considered the largest ever implemented on the network.

The new update brings improvements to the development of subnets and makes it cheaper to execute smart contracts. According to a statement from the team on X (formerly Twitter), the update reduces the costs of deploying blockchains by 99.9%, paving the way for a significant increase in launches in the coming months.

Avalanche currently supports more than 500 networks.