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Avalanche Unveils Timeline for Major Upgrade to Go Live
Avalanche has just announced a crucial upgrade timeline in its latest blog post, providing key insights into the future of the platform. The update comes as a relief to the community members who have been eagerly waiting for this information.
As reported earlier, Avalanche (AVAX) experienced a rollercoaster ride recently, plummeting by 28.59% to $1.52 billion market volume in just one day. However, this news is a breath of fresh air for many investors and traders as it clears up uncertainty surrounding the upcoming upgrade.
The post reveals that the Pectra Upgrade will take place in the coming weeks. This upgrade is seen as pivotal for the platform’s future growth, with many predicting an impact on market prices.
While the exact date has not been disclosed, industry insiders are excited about the potential impact this upgrade may have on Avalanche9000, which might drive prices up to new heights.
AVAX, which touched $55.07 in earlier trading sessions, has now crashed severely due to its recent price fluctuations. Nevertheless, many believe that once the upgrade is completed, it will be a turning point for the market and the project’s overall growth.
In fact, AVAX jumped by 15% when an upgrade occurred on the network back in February 2023, which gives hope to the current bearish sentiment.
It remains to be seen whether this prediction holds true, but one thing is certain – the cryptocurrency has been the subject of intense interest and speculation within the crypto space.
Source: u.today
