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.
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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.