Demex Daily #291: Avalanche Launches "9,000" Testnet with $40M Grants for L1 Growth
What’s Interesting Today:
Avalanche has launched the "Avalanche9,000" testnet, a major upgrade aimed at reducing costs and simplifying L1 development, with a full mainnet release planned for 2025. The Avalanche Foundation will distribute $40 million in retroactive grants to incentivize developers, including $2 million for referrals.