Monthly Record by Avalanche! - Coinleaks
Current Date:September 21, 2024

Monthly Record by Avalanche!

Avalanche Blockchain reaches 1 million monthly active users for the first time.

The Avalanche Blockchain has reached a major milestone with one million active users. This number of active users on the blockchain came after Avalanche released its AvaCloud platform.

Avalanche Reaches 1 Million Active Monthly Users

The Avalanche Blockchain has reached a milestone by reaching 1 million monthly active users for the first time. This growth came a week after the launch of the AvaCloud platform.

Avalanche saw growth with the recent launch of AvaCloud. AvaCloud serves as a no-code platform used to create subnets on the Avalanche network.

Developers can create customizable Blockchain and custom decentralized applications (dApps) via subnets. Emin Gün Sirer, Founder and CEO of Ava Labs, used the following statements regarding the launch of AvaCloud:

“In earlier times, building your own Blockchain could cost millions of dollars and years of research with an experienced team. Today, as a testnet, you can start your own chain in minutes and deploy a fully mature network in weeks; you can do it all without hiring an extensive team of experts.”

Starting a subnet with the use of AvaCloud is expected to be as easy as creating a new website and will help developers adopt the next wave of users.