Avalanche's daily active addresses on the network have hit a 6-month high, indicating growing interest in the blockchain for dApp deployments.
Ava Labs, the lead developer behind Avalanche, has launched AvaCloud, a Web3 launch pad that helps enterprises create fully managed blockchain ecosystems and speed up subnetting deployment.
The AvaCloud suite of products includes an automated blockchain builder, managed validators, comprehensive data tools, and chain interoperability, which can significantly reduce the time to market and operational costs associated with subnetting implementation.
Despite a drop in the average price of the AVAX token, the total value locked (TVL) has seen a smaller degree of reduction, indicating sustained interest in the Avalanche network.
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