Avalanche stands out as one of the leading names in the blockchain industry in 2021. By the end of Q3 2020, Avalanche mainnet had successfully launched, with an evolving ecosystem featuring prominent projects such as Avalaunch (IDO Platform) and Pangolin (DEX). So, what is AVAX potential in 2024 - 2025.
Avalanche demonstrates a promising long-term development potential with its well-designed infrastructure and expanding ecosystem. Notably, Valkyrie Investments, a financial services company, has announced a fund specializing in Avalanche-related assets, underscoring the growing interest in the platform.
Avalanche takes pride in its strong track record with multiple blockchains and effective consensus mechanisms. If Bitcoin were to double to a price of USD 70k, my estimate is that AVAX could perform equally well, if not better.