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Top 5 Blockchain Networks That Could Replace Ethereum
Ethereum has long been the dominant blockchain for decentralized applications (dApps) and smart contracts, but rising gas fees and scalability issues have opened the door for other networks to challenge its position. With new projects offering faster transactions, lower costs, and improved scalability, here are five blockchain networks that could potentially replace Ethereum in the near future.
1. Solana (SOL)
Solana has quickly risen to fame due to its incredible transaction speeds and low fees. With a unique Proof of History (PoH) consensus mechanism, Solana can process up to 65,000 transactions per second, making it one of the fastest blockchains available. Developers are flocking to Solana because it offers a scalable infrastructure without sacrificing decentralization. This makes it a strong candidate for hosting decentralized applications and DeFi platforms that would otherwise struggle with Ethereum’s congestion.
The Solana ecosystem has already attracted major projects, including decentralized exchanges (DEXs) and NFT platforms, positioning it as a serious contender to Ethereum. While Ethereum is moving to Proof of Stake, Solana’s efficiency could keep it ahead in terms of performance.
2. Polkadot (DOT)
Polkadot aims to solve blockchain fragmentation by creating an ecosystem where different blockchains can communicate and share information. This interoperability is key, as Polkadot allows custom blockchains, called parachains, to operate independently but still be part of the larger Polkadot network.
Polkadot’s architecture enables developers to build customized blockchains that suit their project’s specific needs while still benefiting from the security of the Polkadot relay chain. With Ethereum struggling to scale, Polkadot’s flexibility and focus on interoperability make it a top choice for projects seeking alternatives.
3. Binance Smart Chain (BNB Smart Chain)
BNB Smart Chain (formerly Binance Smart Chain) is another blockchain network that’s rapidly gaining ground as an Ethereum alternative. Designed for high-speed transactions, BNB Smart Chain runs parallel to Binance Chain, offering smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM). This makes it easy for Ethereum developers to migrate their dApps to the Binance ecosystem.
What sets BNB Smart Chain apart is its low transaction fees, which are significantly cheaper than Ethereum’s. As a result, many DeFi projects, NFT platforms, and gaming applications have shifted to BNB Smart Chain to avoid the high costs associated with Ethereum.
4. Avalanche (AVAX)
Avalanche is built with the goal of delivering higher throughput than Ethereum while keeping transaction costs low. It uses a unique consensus mechanism called Avalanche consensus, which allows it to finalize transactions in under a second. Like Polkadot, Avalanche enables developers to create custom blockchains (subnets) while benefiting from the security and interoperability of the main Avalanche chain.
Avalanche’s scalability, combined with its compatibility with Ethereum’s dApp ecosystem, positions it as one of the strongest alternatives. Developers can easily port Ethereum-based applications to Avalanche using the Avalanche-Ethereum Bridge (AEB), making it a practical choice for those seeking Ethereum’s functionality without its drawbacks.
5. Cardano (ADA)
Cardano is a blockchain platform known for its scientific approach to development. It’s built on peer-reviewed research, aiming to offer a secure, scalable, and sustainable platform for dApps and smart contracts. Unlike Ethereum’s current setup, Cardano uses a Proof of Stake (PoS) mechanism called Ouroboros, which is more energy-efficient than Proof of Work.
Although Cardano’s ecosystem is still growing, it has already attracted attention for its focus on solving real-world problems, particularly in the fields of supply chain management and financial inclusion. With its layered architecture and focus on sustainability, Cardano is positioned to compete with Ethereum as its network matures.
Investment Strategy: Should You Open a Position?
For investors looking to diversify their blockchain portfolio, these Ethereum alternatives present compelling opportunities. Here’s a strategy for approaching these projects:
- Open a Position in Solana or Avalanche: Both projects are rapidly growing in adoption and developer activity. Opening a position now could benefit from their potential to outpace Ethereum in performance and scalability.
- Hold or DCA into Polkadot or Cardano: These projects offer long-term growth prospects, especially with their focus on interoperability and scientific development. If you believe in their long-term vision, dollar-cost averaging (DCA) may be a good approach to accumulate positions.
- Monitor BNB Smart Chain: Given its lower fees and growing dApp ecosystem, Binance’s BNB Smart Chain offers immediate value for DeFi investors. However, its reliance on the Binance exchange could introduce risks, so keeping an eye on developments is crucial.
Final Thoughts
Ethereum’s dominance is being challenged as newer blockchains address its scalability and cost issues. Solana, Polkadot, BNB Smart Chain, Avalanche, and Cardano all have the potential to take the lead as the go-to platforms for dApps, DeFi, and NFTs. While Ethereum is still evolving, these alternative blockchains offer exciting opportunities for both developers and investors.
💬 What do you think about these Ethereum alternatives? Share your thoughts and strategies in the comments below!
👉 Make sure to follow me for more insights into blockchain investments and updates on the latest projects.
#Solana #Polkadot #BinanceSmartChain #Avalanche #Cardano
1. Solana (SOL)
Solana has quickly risen to fame due to its incredible transaction speeds and low fees. With a unique Proof of History (PoH) consensus mechanism, Solana can process up to 65,000 transactions per second, making it one of the fastest blockchains available. Developers are flocking to Solana because it offers a scalable infrastructure without sacrificing decentralization. This makes it a strong candidate for hosting decentralized applications and DeFi platforms that would otherwise struggle with Ethereum’s congestion.
The Solana ecosystem has already attracted major projects, including decentralized exchanges (DEXs) and NFT platforms, positioning it as a serious contender to Ethereum. While Ethereum is moving to Proof of Stake, Solana’s efficiency could keep it ahead in terms of performance.
2. Polkadot (DOT)
Polkadot aims to solve blockchain fragmentation by creating an ecosystem where different blockchains can communicate and share information. This interoperability is key, as Polkadot allows custom blockchains, called parachains, to operate independently but still be part of the larger Polkadot network.
Polkadot’s architecture enables developers to build customized blockchains that suit their project’s specific needs while still benefiting from the security of the Polkadot relay chain. With Ethereum struggling to scale, Polkadot’s flexibility and focus on interoperability make it a top choice for projects seeking alternatives.
3. Binance Smart Chain (BNB Smart Chain)
BNB Smart Chain (formerly Binance Smart Chain) is another blockchain network that’s rapidly gaining ground as an Ethereum alternative. Designed for high-speed transactions, BNB Smart Chain runs parallel to Binance Chain, offering smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM). This makes it easy for Ethereum developers to migrate their dApps to the Binance ecosystem.
What sets BNB Smart Chain apart is its low transaction fees, which are significantly cheaper than Ethereum’s. As a result, many DeFi projects, NFT platforms, and gaming applications have shifted to BNB Smart Chain to avoid the high costs associated with Ethereum.
4. Avalanche (AVAX)
Avalanche is built with the goal of delivering higher throughput than Ethereum while keeping transaction costs low. It uses a unique consensus mechanism called Avalanche consensus, which allows it to finalize transactions in under a second. Like Polkadot, Avalanche enables developers to create custom blockchains (subnets) while benefiting from the security and interoperability of the main Avalanche chain.
Avalanche’s scalability, combined with its compatibility with Ethereum’s dApp ecosystem, positions it as one of the strongest alternatives. Developers can easily port Ethereum-based applications to Avalanche using the Avalanche-Ethereum Bridge (AEB), making it a practical choice for those seeking Ethereum’s functionality without its drawbacks.
5. Cardano (ADA)
Cardano is a blockchain platform known for its scientific approach to development. It’s built on peer-reviewed research, aiming to offer a secure, scalable, and sustainable platform for dApps and smart contracts. Unlike Ethereum’s current setup, Cardano uses a Proof of Stake (PoS) mechanism called Ouroboros, which is more energy-efficient than Proof of Work.
Although Cardano’s ecosystem is still growing, it has already attracted attention for its focus on solving real-world problems, particularly in the fields of supply chain management and financial inclusion. With its layered architecture and focus on sustainability, Cardano is positioned to compete with Ethereum as its network matures.
Investment Strategy: Should You Open a Position?
For investors looking to diversify their blockchain portfolio, these Ethereum alternatives present compelling opportunities. Here’s a strategy for approaching these projects:
- Open a Position in Solana or Avalanche: Both projects are rapidly growing in adoption and developer activity. Opening a position now could benefit from their potential to outpace Ethereum in performance and scalability.
- Hold or DCA into Polkadot or Cardano: These projects offer long-term growth prospects, especially with their focus on interoperability and scientific development. If you believe in their long-term vision, dollar-cost averaging (DCA) may be a good approach to accumulate positions.
- Monitor BNB Smart Chain: Given its lower fees and growing dApp ecosystem, Binance’s BNB Smart Chain offers immediate value for DeFi investors. However, its reliance on the Binance exchange could introduce risks, so keeping an eye on developments is crucial.
Final Thoughts
Ethereum’s dominance is being challenged as newer blockchains address its scalability and cost issues. Solana, Polkadot, BNB Smart Chain, Avalanche, and Cardano all have the potential to take the lead as the go-to platforms for dApps, DeFi, and NFTs. While Ethereum is still evolving, these alternative blockchains offer exciting opportunities for both developers and investors.
💬 What do you think about these Ethereum alternatives? Share your thoughts and strategies in the comments below!
👉 Make sure to follow me for more insights into blockchain investments and updates on the latest projects.
#Solana #Polkadot #BinanceSmartChain #Avalanche #Cardano
Avalanche (AVAX) Eyes Recovery as Price Consolidates – Is $30 Within Reach?
Avalanche (AVAX) has been trading in a relatively tight range over the last few days, with its price hovering around $29.19. The question now is: can AVAX break out of this consolidation phase and target $30 and beyond, or will it face more downside pressure? Let’s dive into the chart and analyze the signals for what might come next for this Layer 1 blockchain giant.
Current Chart Setup
Looking at the 30-minute chart, AVAX has been riding a wave of consistent price action, with a minor retracement from the $31 level. The 7-period SMA currently sits at $29.23, aligning closely with the price action, which shows that AVAX is sitting on support. However, the 25-period SMA at $29.34 and the 99-period SMA at $29.74 are acting as dynamic resistance levels, creating a cap for any immediate bullish breakout.
Interestingly, the MACD is flashing a neutral signal, with both the MACD line and signal line almost flatlining near -0.09. This suggests that AVAX is in a consolidation phase, waiting for a stronger push in either direction. Traders should keep an eye out for a potential MACD crossover, which could spark volatility and determine the next trend. 📊
Key Levels to Watch
- Support: The first major support level for AVAX is sitting just below the current price, at $28.70. This level has provided consistent support in the past, and any dip below this might lead to a test of $28.00 or lower.
- Resistance: On the upside, the immediate resistance to watch is $29.70, where the 99-period SMA sits. A clean break above this could open the doors to $30, and if buying pressure continues, we might see AVAX testing the $31 level again.
Volume is relatively low, sitting around 1.13K on the volume SMA, suggesting that a major move could be on the horizon. An increase in volume will likely confirm the direction of the next breakout.
Market Sentiment and Recent Trends
Avalanche has been making waves in the crypto world with its fast transaction speeds and innovative subnets, which allow developers to create customized blockchain networks. Recently, the project has garnered attention with its increasing role in decentralized finance (DeFi) and NFTs, which could help drive demand for AVAX tokens in the coming months.
Moreover, Avalanche has been positioning itself as a strong competitor to Ethereum, especially after Ethereum’s transition to proof-of-stake. AVAX’s ability to scale effectively and its low fees are some of the key factors supporting its long-term growth potential.
However, despite the positive fundamentals, broader market conditions continue to influence AVAX’s price action. As the crypto market remains somewhat volatile, any strong moves in Bitcoin or Ethereum could also trigger sharp movements in Avalanche.
Trading Strategies: What Should You Do?
For short-term traders, this consolidation phase offers both opportunities and risks. If you're looking to capitalize on a potential breakout, watch for a clear break above the $29.70 resistance with a volume increase. This could signal the start of a rally back toward $31. However, caution is advised—setting a stop-loss around $28.50 would help protect against potential downside if the breakout fails.
On the downside, a drop below $28.70 could lead to a further dip, possibly toward $28.00 or even $27.50, where stronger support lies. Traders can consider shorting AVAX if it breaches the support with strong volume.
For long-term investors, Avalanche remains a solid project with strong fundamentals. Accumulating AVAX at current levels could be a smart move for those looking to hold through the next bullish cycle. If you believe in the long-term potential of Layer 1 blockchains like Avalanche, buying on dips, especially near $28, could offer an attractive entry point.
Final Thoughts
Avalanche is at a pivotal point. With strong support around $28.70 and resistance near $29.70, the next few days could decide whether AVAX breaks out or retraces further. As always, traders should remain cautious and wait for confirmation signals before making any big moves. What do you think? Will AVAX break out past $30, or are we in for more consolidation? Drop your thoughts in the comments below, and don’t forget to subscribe for more in-depth crypto analysis! 🚀💬
#Avalanche #AVAX #CryptoTrading #Binance #Altcoins
Current Chart Setup
Looking at the 30-minute chart, AVAX has been riding a wave of consistent price action, with a minor retracement from the $31 level. The 7-period SMA currently sits at $29.23, aligning closely with the price action, which shows that AVAX is sitting on support. However, the 25-period SMA at $29.34 and the 99-period SMA at $29.74 are acting as dynamic resistance levels, creating a cap for any immediate bullish breakout.
Interestingly, the MACD is flashing a neutral signal, with both the MACD line and signal line almost flatlining near -0.09. This suggests that AVAX is in a consolidation phase, waiting for a stronger push in either direction. Traders should keep an eye out for a potential MACD crossover, which could spark volatility and determine the next trend. 📊
Key Levels to Watch
- Support: The first major support level for AVAX is sitting just below the current price, at $28.70. This level has provided consistent support in the past, and any dip below this might lead to a test of $28.00 or lower.
- Resistance: On the upside, the immediate resistance to watch is $29.70, where the 99-period SMA sits. A clean break above this could open the doors to $30, and if buying pressure continues, we might see AVAX testing the $31 level again.
Volume is relatively low, sitting around 1.13K on the volume SMA, suggesting that a major move could be on the horizon. An increase in volume will likely confirm the direction of the next breakout.
Market Sentiment and Recent Trends
Avalanche has been making waves in the crypto world with its fast transaction speeds and innovative subnets, which allow developers to create customized blockchain networks. Recently, the project has garnered attention with its increasing role in decentralized finance (DeFi) and NFTs, which could help drive demand for AVAX tokens in the coming months.
Moreover, Avalanche has been positioning itself as a strong competitor to Ethereum, especially after Ethereum’s transition to proof-of-stake. AVAX’s ability to scale effectively and its low fees are some of the key factors supporting its long-term growth potential.
However, despite the positive fundamentals, broader market conditions continue to influence AVAX’s price action. As the crypto market remains somewhat volatile, any strong moves in Bitcoin or Ethereum could also trigger sharp movements in Avalanche.
Trading Strategies: What Should You Do?
For short-term traders, this consolidation phase offers both opportunities and risks. If you're looking to capitalize on a potential breakout, watch for a clear break above the $29.70 resistance with a volume increase. This could signal the start of a rally back toward $31. However, caution is advised—setting a stop-loss around $28.50 would help protect against potential downside if the breakout fails.
On the downside, a drop below $28.70 could lead to a further dip, possibly toward $28.00 or even $27.50, where stronger support lies. Traders can consider shorting AVAX if it breaches the support with strong volume.
For long-term investors, Avalanche remains a solid project with strong fundamentals. Accumulating AVAX at current levels could be a smart move for those looking to hold through the next bullish cycle. If you believe in the long-term potential of Layer 1 blockchains like Avalanche, buying on dips, especially near $28, could offer an attractive entry point.
Final Thoughts
Avalanche is at a pivotal point. With strong support around $28.70 and resistance near $29.70, the next few days could decide whether AVAX breaks out or retraces further. As always, traders should remain cautious and wait for confirmation signals before making any big moves. What do you think? Will AVAX break out past $30, or are we in for more consolidation? Drop your thoughts in the comments below, and don’t forget to subscribe for more in-depth crypto analysis! 🚀💬
#Avalanche #AVAX #CryptoTrading #Binance #Altcoins
📣 Sky-High Potential: New Cryptos to Buy Now for Explosive 100x Gains
Discover how Bitcoin, Avalanche, and Chainlink are shaping the future of cryptocurrency markets through innovation and strategic developments. Learn about the impact of their technologies on various industries and their potential for growth.
🔸#Bitcoin Continues to goat the market volatility
Bitcoin is crowned as the most capitalized coin of the cryptocurrency lover This and highly support sales will yield and is Positioned as a strong indicator of investor confidence. Despite all time the price realized in a wover attacks China’s uses. Eventually, it would be argued that it would rise in market demand owing to its hollows and a mean supportive community target high.
🔸#Avalanche ’s contributions to the sphere of Blockchain
Avalanche is developing a subnet and that itself is devised for increasing a level of decentralization of the application. Increasing demand is expected as there is a stable circulating supply and the transaction fees burn a portion of the tokens.Under the excellent leadership of Emin Gün Sirer, community participation is actively encouraged and reinforced. The mechanism of governance and active decision making by the society’s members is also proved to be keeping a healthy ecosystem.
🔸#Chainlink : Closing the Smart Contract Security Loop
The importance of Chainlink’s decentralized oracle network cannot be ignored, especially when there is a need to integrate blockchain with external data. In spite of worries concerning the unbounded supply well, the participation of the community in the development of such features makes the sphere of DeFi more essential.
🔸#Cardano ’s Future Impacts in The Blockchain Ecosystem
Recent updates within the Cardano ecosystems have dominated the focus on their strategies to promote sustainability and scalability, although there is little adoption as compared to earlier ones. Cardano has a limited supply and with a new network governance timeframe.
Discover how Bitcoin, Avalanche, and Chainlink are shaping the future of cryptocurrency markets through innovation and strategic developments. Learn about the impact of their technologies on various industries and their potential for growth.
🔸#Bitcoin Continues to goat the market volatility
Bitcoin is crowned as the most capitalized coin of the cryptocurrency lover This and highly support sales will yield and is Positioned as a strong indicator of investor confidence. Despite all time the price realized in a wover attacks China’s uses. Eventually, it would be argued that it would rise in market demand owing to its hollows and a mean supportive community target high.
🔸#Avalanche ’s contributions to the sphere of Blockchain
Avalanche is developing a subnet and that itself is devised for increasing a level of decentralization of the application. Increasing demand is expected as there is a stable circulating supply and the transaction fees burn a portion of the tokens.Under the excellent leadership of Emin Gün Sirer, community participation is actively encouraged and reinforced. The mechanism of governance and active decision making by the society’s members is also proved to be keeping a healthy ecosystem.
🔸#Chainlink : Closing the Smart Contract Security Loop
The importance of Chainlink’s decentralized oracle network cannot be ignored, especially when there is a need to integrate blockchain with external data. In spite of worries concerning the unbounded supply well, the participation of the community in the development of such features makes the sphere of DeFi more essential.
🔸#Cardano ’s Future Impacts in The Blockchain Ecosystem
Recent updates within the Cardano ecosystems have dominated the focus on their strategies to promote sustainability and scalability, although there is little adoption as compared to earlier ones. Cardano has a limited supply and with a new network governance timeframe.
⭐️ Avalanche rallies following launch of incentive program for developers
Avalanche announced the launch of Retro9000 on Thursday as part of its larger Avalanche9000 upgrade. Retro9000 is a program designed to support developers with up to $40 million in grants for building on the Avalanche testnet.
🔸 AVAX rises as Avalanche prepares for upgrade
Avalanche announced the commencement of a $40 million retroactive grant program known as Retro9000. This program is part of Avalanche9000, Avalanche's largest upgrade to date.
Retro9000 is funded by the Avalanche Foundation and dedicated to providing incentives for developers looking to build on the Avalanche9000 testnet.
"The Retro9000 incentivized testnet program attempts to bootstrap an L1 ecosystem and provide the earliest and most engaging developers incentives to build their product," said Luigi D'Onorio DeMeo, Chief Operating Officer at Ava Labs.
The rewards will be determined via a public leaderboard hosting all the entries. Submissions will be ranked based on community votes, which will also determine the grant allocations.
Avalanche9000 aims to enable businesses to launch projects more quickly and affordably, fostering innovation across various scales.
The initiative will include the Etna Upgrade, ACP-77, and enhanced developer incentives to encourage innovation. Developers will also be able to leverage Interchain Messaging (ICM) for interoperability among L1s, fostering collaboration and scalability.
"The forthcoming upgrade will remove the requirement to validate the Primary Network, massively reducing the cost of deploying and maintaining an L1 blockchain in the Avalanche Network," said Martin Eckardt, Director of Developer Relations at Ava Labs.
AVAX is up nearly 7% following the announcement. The token has witnessed a remarkable price surge over the past week as it attempts to reclaim the $30 psychological level, last seen on July 24.
#AVAX #Avalanche
Avalanche announced the launch of Retro9000 on Thursday as part of its larger Avalanche9000 upgrade. Retro9000 is a program designed to support developers with up to $40 million in grants for building on the Avalanche testnet.
🔸 AVAX rises as Avalanche prepares for upgrade
Avalanche announced the commencement of a $40 million retroactive grant program known as Retro9000. This program is part of Avalanche9000, Avalanche's largest upgrade to date.
Retro9000 is funded by the Avalanche Foundation and dedicated to providing incentives for developers looking to build on the Avalanche9000 testnet.
"The Retro9000 incentivized testnet program attempts to bootstrap an L1 ecosystem and provide the earliest and most engaging developers incentives to build their product," said Luigi D'Onorio DeMeo, Chief Operating Officer at Ava Labs.
The rewards will be determined via a public leaderboard hosting all the entries. Submissions will be ranked based on community votes, which will also determine the grant allocations.
Avalanche9000 aims to enable businesses to launch projects more quickly and affordably, fostering innovation across various scales.
The initiative will include the Etna Upgrade, ACP-77, and enhanced developer incentives to encourage innovation. Developers will also be able to leverage Interchain Messaging (ICM) for interoperability among L1s, fostering collaboration and scalability.
"The forthcoming upgrade will remove the requirement to validate the Primary Network, massively reducing the cost of deploying and maintaining an L1 blockchain in the Avalanche Network," said Martin Eckardt, Director of Developer Relations at Ava Labs.
AVAX is up nearly 7% following the announcement. The token has witnessed a remarkable price surge over the past week as it attempts to reclaim the $30 psychological level, last seen on July 24.
#AVAX #Avalanche
Avalanche AVAX Introduces Retro9000: A $40M Grant Program for Developers! 🚨
Avalanche $AVAX has just launched Retro9000, a massive $40M grant program aimed at rewarding developers for building new protocols within the Avalanche ecosystem. This initiative is designed to accelerate development on the platform ahead of the highly anticipated Avalanche9000 upgrade, expected to be the biggest upgrade since the network's 2020 mainnet launch!
💡 How it works:
Builders and users will need to register on the Retro9000 platform.Users earn voting credits based on their activity on the network, empowering the community to actively participate in its growth.
With the current $AVAX price at $28.8 and a $20.6B FDV, Avalanche is doubling down on its ecosystem to push innovation and growth to new heights.
Are you ready to be part of Avalanche's next big leap?
#Avalanche #Retro9000 #Crypto #Blockchain #AVAX
Avalanche $AVAX has just launched Retro9000, a massive $40M grant program aimed at rewarding developers for building new protocols within the Avalanche ecosystem. This initiative is designed to accelerate development on the platform ahead of the highly anticipated Avalanche9000 upgrade, expected to be the biggest upgrade since the network's 2020 mainnet launch!
💡 How it works:
Builders and users will need to register on the Retro9000 platform.Users earn voting credits based on their activity on the network, empowering the community to actively participate in its growth.
With the current $AVAX price at $28.8 and a $20.6B FDV, Avalanche is doubling down on its ecosystem to push innovation and growth to new heights.
Are you ready to be part of Avalanche's next big leap?
#Avalanche #Retro9000 #Crypto #Blockchain #AVAX
Avalanche Foundation announces a $40M grant for Layer 1 blockchain development
#AvalancheFoundation introduces #Retro9000 , a $40M grant program, to reward developers on #Avalanche . Retro9000 will reward developers working on #Layer1 blockchains and essential developer tools for the #Avalanche9000 testnet. Submissions will be ranked on a public leaderboard, with community votes influencing retroactive grant allocations.
Avalanche9000 is the largest network upgrade since Avalanche's mainnet launch, built on the Avalanche consensus that provides near-instant finality for any application. This upgrade will make it more cost-effective to launch your own Layer 1, easier to customize, smoother to maintain and faster to bring to market.
👉 avax.network/blog/retro9000-a-40m-grant-program-rewards-developers-building-avalanche-l1s
#AvalancheFoundation introduces #Retro9000 , a $40M grant program, to reward developers on #Avalanche . Retro9000 will reward developers working on #Layer1 blockchains and essential developer tools for the #Avalanche9000 testnet. Submissions will be ranked on a public leaderboard, with community votes influencing retroactive grant allocations.
Avalanche9000 is the largest network upgrade since Avalanche's mainnet launch, built on the Avalanche consensus that provides near-instant finality for any application. This upgrade will make it more cost-effective to launch your own Layer 1, easier to customize, smoother to maintain and faster to bring to market.
👉 avax.network/blog/retro9000-a-40m-grant-program-rewards-developers-building-avalanche-l1s
Franklin Templeton Expands On-Chain Fund to Avalanche Network
Franklin Templeton, managing $1.6 trillion in assets, is expanding its blockchain reach by bringing its on-chain money market fund, FOBXX, to the Avalanche network. This fund, launched in 2021, merges traditional finance with blockchain, allowing investors to swap USDC for FOBXX shares on Avalanche.
This move showcases the efficiency of peer-to-peer share transfers and highlights the growing $1.81 billion tokenized money market industry. Avalanche's low fees and quick transactions make it an ideal choice for Franklin Templeton, further pushing blockchain’s role in transforming financial markets.
Franklin Templeton remains committed to blockchain innovation, recently expanding its offerings to Ethereum through Arbitrum.
#Write2earn #Avalanche #AVAX #Altcoins #AvalancheNetwork $AVAX
Franklin Templeton, managing $1.6 trillion in assets, is expanding its blockchain reach by bringing its on-chain money market fund, FOBXX, to the Avalanche network. This fund, launched in 2021, merges traditional finance with blockchain, allowing investors to swap USDC for FOBXX shares on Avalanche.
This move showcases the efficiency of peer-to-peer share transfers and highlights the growing $1.81 billion tokenized money market industry. Avalanche's low fees and quick transactions make it an ideal choice for Franklin Templeton, further pushing blockchain’s role in transforming financial markets.
Franklin Templeton remains committed to blockchain innovation, recently expanding its offerings to Ethereum through Arbitrum.
#Write2earn #Avalanche #AVAX #Altcoins #AvalancheNetwork $AVAX
#Avalanche has forged a groundbreaking partnership with Amazon, increasing its exposure to the retailer's global customer base and making its blockchain technology more accessible to users in over 100 countries. #bnbgreenfield #pumpanddump #onecoinmultiplechains #dyor
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Amazon Web Services (AWS) and Ava Labs have teamed to "accelerate enterprise, institutional, and government adoption of #blockchain." #AVAX #Avalanche #Cryptonews #crypto2023
⚡ Tencent Cloud will support the global #Web3 ecosystem development
#TencentCloud has announced the launch of a new technological foundation for Web3 builders in partnership with Ankr, Scroll, Mysten Labs and Avalanche.
#ANKR $ANKR #Avalanche #AVAX $AVAXX
#TencentCloud has announced the launch of a new technological foundation for Web3 builders in partnership with Ankr, Scroll, Mysten Labs and Avalanche.
#ANKR $ANKR #Avalanche #AVAX $AVAXX
Avalanche — Partnership with TSM and Blitz
Blitz, a gaming app for creating competitive matches and tournaments with 30 million users, will be built on the Avalanche subnet.
TSM, a cybersports organization, will hold Avalanche-branded tournaments in Blitz to attract gamers and also allow players to compete in Blitz Arena for prizes.
#Avalanche #CryptonResearchBot
TSM, a cybersports organization, will hold Avalanche-branded tournaments in Blitz to attract gamers and also allow players to compete in Blitz Arena for prizes.
#Avalanche #CryptonResearchBot
Portal Fantasy Integration with Avalanche
Portal Fantasy is about to launch its Closed Beta on the Avalanche network!
#Avalanche has established itself as a leader in the world of blockchain gaming. And with their commitment to sustainability.
#PortalFantasy is a free-to-play pixel adventure RPG game playable as two roles: Heroes and Architects. Befriend, raise and fight alongside Porbles as you explore the different worlds as a Hero.
Portal Fantasy brings two roles and revolutionary game mechanics together in a modern twist to this classic genre.
#AvalancheSpace
#Avalanche has established itself as a leader in the world of blockchain gaming. And with their commitment to sustainability.
#PortalFantasy is a free-to-play pixel adventure RPG game playable as two roles: Heroes and Architects. Befriend, raise and fight alongside Porbles as you explore the different worlds as a Hero.
Portal Fantasy brings two roles and revolutionary game mechanics together in a modern twist to this classic genre.
#AvalancheSpace
