AVAXNews

🚀 Upcoming Avalanche9000 Upgrade
The Avalanche Foundation has confirmed the Avalanche9000 upgrade will launch on December 16, 2024. This upgrade is designed to:
Enhance transaction speedReduce feesBoost scalability
💰 $250 Million Token Sale
Avalanche recently raised $250 million in a locked token sale, backed by major players like Galaxy Digital and Dragonfly. Key highlights:
The funds will support the Avalanche9000 upgrade.Deployment costs for layer-1 networks are expected to drop by 99.9%.Transaction costs on the C-Chain are projected to be reduced by 25x.
The sale attracted participation from over 40 companies, showcasing strong confidence in Avalanche’s long-term vision.Avalanche is on a mission to redefine blockchain scalability and cost efficiency. With cutting-edge upgrades like Avalanche9000 and strong institutional backing, the platform is cementing its place as a leader in the crypto world.

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