Avalanche also announced that it launched a new type of subnet called elastic subnets. The latter will reportedly feature proof of stake validation which will allow token holders to stake and act as validators.
This option is ideal for projects that want to delegate the tasks of network validation. This approach may encourage more network adoption. on growth is backed by healthy development activity which has been on an overall upward trajectory since the start of 2023.The network has also demonstrated improvements in other areas. For example. Its on-chain volume has notably improved since the second week of January. It registered a large spike in the last two days but the volume dropped significantly in the last 24 hours.
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Source: CryptoAmb - 🏆 22. / 68 Read more »