AVAX Will EXPLODE in 2025: Avalanche Ecosystem Is on Fire

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All the 2021 bullrun altcoins are rallying hard. $AVAX has made some nice gains too, but much more quietly. After giving us massive 291x ICO gains in 2021 bullrun, it seemed $AVAX turned into a profitable but slower-moving giant. But this is about to change. Why? Yesterday, 16th December, Avalanche launched Avalanche9000, the biggest upgrade since its mainnet launch.

With this upgrade, the Avalanche ecosystem, to be precise, the gaming and DeFi protocols are going to explode. $AVAX will go to the moon. In this article, I will explain exactly why this explosion is about to happen and what the top 4 games in Avalanche ecosystem are.

What Is Avalanche9000?

As I just mentioned, Avalanche9000 is the biggest upgrade since Avalanche’s mainnet. So, yes, this is big. 

However, it’s fair to point out that at first, this is for developers. Avalanche offers them the opportunity to build without tradeoffs. That’s because most underlying platforms have their limitations. As a result, the devs can only build within the limitations of these platforms. On the other hand, Avalanche9000 offers no constraints for builders.

So, any benefits for us, the users, will come later, once the devs and teams launch their projects. That’s when you and I will be able to experience the speed and low costs of these new L1s. Plus, new projects will launch in all kinds of sectors, like gaming, DeFi, you name it. So, there will be something of interest for everyone.

Now, the actual name for the upgrade is Etna, which was launched yesterday, 16th December. The product, or result, is Avalanche9000. This will make it easier to launch your own L1. So, launching your own Avalanche L1 will also give you specialized infrastructure. It caters to your needs.

4 Benefits

The upgrade has four benefits for launching your own L1. It makes them,

  1. More economically workable.
  2. Easier to customize.
  3. Smoother to maintain.
  4. Fast to launch.

That’s important for what I referred to earlier. I mentioned that each sector has specific needs. With Avalanche9000, you can play into those needs. DeFi, institutions, gaming, education, art, or any other sector.

3 Components

Avalanche9000 offers three components. Here they are,

  1. — Primary chain or C-chain. This is the economic and foundational hub. It also powers the network, and liquidity can flow between all other L1s. All these new L1s can access the pre-built C-chain tools. The Avalanche C-chain can run smart contracts that are EVM compatible. This is nothing new, but still good to have, and new chain builders can build something that works on EVM networks. 
  2. — Network of L1s. Build and run your own L1. You have three options, the free and new Fuji testnet, devnet, or mainnet. 
  3. — Interchain messaging. That’s the ICM, bringing interoperability.

Avalanche

Source: Avalanche9000 website

Sui, a strong L1 contender, recently passed Avalanche in TVL. With this Avalanche9000 upgrade, will we see AVAX snatch its position back and climb even higher? It would be interesting to watch. Let me know in the comments what you think about this war of TVL’s. Who will win, Sui or AVAX?

The Benefits of Avalanche9000

Building on Avalanche9000 comes with plenty of benefits. So, let’s explore some of these benefits.

  • Avalanche reduced the costs of deploying an L1 by 99.9%. There were already hundreds of projects building on the testnet. This should soon result in an explosion of launches.

  • The minimum gas fees on the C-chain should drop by 96%. As a result, Blockworks Research expects a 50% increase in transactions on the C-chain. 
  • Customization options for staking economics, gas tokens, and more.
  • You don’t need to put 2K $AVAX on the table for a C-chain validator anymore. Instead, you can set up your own permissionless validators. This also increases decentralization.
  • The L1s come with built-in regulatory compliance, including geo-restrictions. You can even add custom permissions.
  • Scale your L1 with any virtual machine.

There are already various L1s active on Avalanche. For example,

So, plenty of games that have already launched on Avalanche, More on this in a bit.

ICM

The ICM or Interchain Messaging is also of importance. It connects all the L1s. This brings interoperability to the L1s. Straight upon launch, they benefit from compatibility, shared messaging, and the shared liquidity hub.

Avalanche

Source: Avalanche9000 blog

There are also incentives for builders on the testnet. For example,

  • Retro9000. Early builders on the testnet will receive rewards. 
  • Bounty9000. You can use $USDC as gas on your L1 and with on-ramp options.

All this should also have a positive impact on the $AVAX token. The current $AVAX price is $49. That’s still 66% away from its $149 ATH of 2 years ago. Its market cap is $20 billion, and it ranks 12th by market cap. 

There’s a max supply of 720 million and a total supply of 448 million tokens. Out of these, 409 million circulate. This is a legacy coin that has plenty of room to run yet.

Gaming on Avalanche9000

Avalanche is big for gaming. This results in many advantages for gaming with the Avalanche9000 launch. Here are some reasons why,

  • Dedicated L1s. They’re fast and don’t lag or have fee spikes. Devs can customize the chains and they’re scalable.
  • Interoperability. You can send assets easily between chains with ICM. 
  • Developer Experience. The L1s are faster and offer lower transaction costs and fees. It’s easy to deploy a new L1.
  • Player Economy. Marketplace transactions are instant. They also offer a more stable infrastructure. This benefits better in-game experiences.

All games on Avalanche will benefit from this. The new ones, but also the older ones that have already launched. Here are some samples.

  • Off the Grid (OTG). This is one of the most successful battle royal shooter games in blockchain gaming. I played it myself, and it ranks in my list of fave games. You can own gaming assets.
  • Shrapnel. This game uses the Unreal Engine 5, so visuals are top-notch. It’s a first-person shooter (FPS) game. With in-game assets (NFTs) you can create content.
  • MapleStory Universe. This is an MMORPG or a Massively Multiplayer Online Role-Playing Game. Its roots go back to 2003. So, Web2 meets Web3.
  • DeFi Kingdoms. This is one of the older games on Avalanche. It’s a P2E (Play to Earn) and fantasy MMORPG in pixel art. It also offers a DEX with LPs and an NFT marketplace.

So, here we are, at the end of the Avalanche9000 introduction. Do you see this as a game changer for Avalanche?

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.

We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence.

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