Avalanche focuses on dedicated blockchain long-term strategy, with AVAX builders downplaying short-term market speculation

In the context of the cryptocurrency market’s frequent pursuit of hot topics, Avalanche is choosing a completely different development path. Ava Labs Chief Business Officer John Nahas recently stated that Avalanche is not driven by short-term narratives or market sentiment, but is making a long-term bet on sovereign and dedicated blockchain architectures, aiming to build large-scale, implementable infrastructure for finance, artificial intelligence, and enterprise scenarios.

In an interview, John Nahas pointed out that overemphasizing short-term trending topics on social media often leads projects to remain in a “trend-chasing” state, while truly valuable long-term blockchain development requires patience and continuous investment. Avalanche’s growth is not driven by short-term hype but relies on its underlying architectural advantages and the design philosophy of customizing blockchains for specific applications.

As one of the long-standing top public chains by market capitalization, Avalanche’s core view is that the next phase of the crypto industry will not be dominated by a “single chain carrying all functions” model, but rather by a multitude of sovereign, dedicated Layer-1 blockchains working together. Nahas believes that the real-world financial systems and corporate operations are highly specialized, requiring independent, secure, and controllable blockchain environments for different institutions.

Under this logic, Avalanche supports private permissioned chains, public permissionless chains, and hybrid chains, ensuring interoperability between different chains. Banks, asset management firms, and large enterprises can deploy independent blockchains on Avalanche that meet their compliance and business needs.

Currently, several globally renowned institutions are involved. Toyota is building four dedicated blockchains based on Avalanche to serve different internal processes; Japanese FIFA-related organizations and Sumitomo Mitsui Banking Corporation (SMBC) are also establishing independent environments within the Avalanche ecosystem. These cases are seen as important validations of dedicated blockchains in real-world business scenarios.

According to Ava Labs, nearly 80 Layer-1 blockchains are currently live on Avalanche, with over 100 chains in the testnet. Nahas expects that by next year, about 200 institution- and enterprise-oriented blockchains will be in use across fields such as finance, identity verification, artificial intelligence, and government.

Overall, Avalanche is constructing a more sustainable long-term development path for the AVAX ecosystem by downplaying short-term market fluctuations and strengthening the narrative of dedicated blockchains.

AVAX0.73%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)