Avalanche 9000 upgrade has been launched on the mainnet

ChainCatcher news, according to The Block, Avalanche has announced the launch of the Avalanche9000 upgrade, which significantly reduces the cost of deploying "subnet" blockchains and running smart contracts, while optimizing the validation model and lowering the base fee on the C chain (from 25 nAVAX to 1 nAVAX).

This upgrade supports chain-independent operation through the "Etna" module, significantly reducing project startup costs and meeting various regulatory requirements. The Avalanche Foundation previously raised $250 million to support the upgrade deployment, and hundreds of layer one blockchains are expected to go live in the coming months.