ChainCatcher news, according to The Block, the major upgrade Avalanche9000 for the Avalanche mainnet has been launched on the testnet, which reduces the chain deployment cost by 99.9%. At the same time, a $40 million Retro9000 retroactive rewards program has been introduced to incentivize developers to build Layer 1 blockchains and related tools on the testnet.This upgrade includes two important community proposals: ACP-77, which enhances the flexibility of Layer 1 validators, and ACP-125, which reduces the base fee by 96%.According to data from The Block, the trading volume of AVAX reached $1.9 billion in the past 24 hours, with the coin price rising over 8%. Avalanche Foundation CEO Aytunç Yildizli stated that this upgrade will drive enterprises within the ecosystem to establish self-controlled Layer 1 blockchains.

ChainCatcher news, the Web3 asset data platform RootData has announced the launch of the "Points Backtracking Reward Program." Users who meet the sharing eligibility criteria before March 18 will be able to receive rewards. The rewards will be distributed based on the user's sharing views across various platforms, with a maximum of 60 points available.It is reported that RootData is a Web3 asset data platform that is the first to encapsulate on-chain and off-chain data of Web3 assets, with higher data structuring and readability, aiming to become a productivity-level tool for Web3 enthusiasts and investors.