Octane Upgrade Slashes Avalanche Transaction Costs
Octane Upgrade Slashes Avalanche Transaction Costs
⚡ Gas Fees Just Evaporated
Avalanche's Octane upgrade delivers significant cost reductions across the network:
- Transaction fees decreased by 30%
- DEX swap costs reduced by 97%
- Transfer fees cut by 99.5%
This follows December's major upgrade that brought a 96% reduction in gas fees on C-Chain, particularly benefiting NFT platforms like Joepegs.
The optimization makes free mints and transfers substantially more accessible, potentially catalyzing increased network activity and development.
Impact for users: Near-zero cost transfers and significantly cheaper DeFi operations on Avalanche.
With transaction fees dropping 30%, swaps down 97%, and transfers cut by 99.5%, how does Octane boost your plans on Avalanche? ⛽️
The @avax Octane upgrade is live and costs are already dropping: • Txn fee: 0.0001 → 0.00007 (-30%) • Swap fee: 0.003 → 0.0001 (-97%) • Fee per 1K AVAX transferred: 0.04 → 0.00021 (-99.5%) (values are denoted in $AVAX - percentages are before the upgrade vs after)
Avalanche Builder Activity Surges with 20x Growth in Developer Accounts
**Avalanche is experiencing a significant surge in developer activity** over the past six months. Key growth metrics include: - Builder Hub accounts increased **20x** - Unique contract deployers surpassed **400,000** - Verified contracts onchain exceeded **700,000** - Tracked projects reached over **550** This dramatic increase in builder engagement suggests **strong momentum** for the Avalanche ecosystem heading into 2025. The growth follows previous spikes in development activity, including nearly 3 million contracts deployed in a single week earlier this year. *These metrics indicate healthy ecosystem expansion* as more developers choose Avalanche for their blockchain projects.
Avalanche C-Chain Sets New Daily Transaction Record in 2025
Avalanche's C-Chain has achieved a **new record** for daily transactions in 2025, demonstrating the network's growing adoption and technical capabilities. The milestone highlights the **increasing activity** on Avalanche's primary smart contract chain, which handles most DeFi and dApp transactions on the network. This follows a pattern of **sustained growth** throughout the year, with network activity consistently reaching new heights as more users and developers choose Avalanche for their blockchain needs.
Dexalot Reaches 400M Transaction Milestone on Avalanche L1
**Dexalot has surpassed 400 million transactions** on their Avalanche Layer 1 blockchain. The milestone encompasses all platform activities including: - Trading operations - Token swaps - Deposits and withdrawals Dexalot built their own L1 infrastructure and continues expanding their DeFi services. The platform is working toward an **omni-chain future** while maintaining their foundation on Avalanche. The achievement represents significant growth for the decentralized exchange as they push DeFi innovation forward across multiple blockchain networks.
🏗️ Companies Demanding Custom Blockspace
**Avalanche's Vision Materializing** Companies are increasingly demanding their own **customized blockspace**, according to Hosseeb on The Block's Layer One podcast. - This trend aligns with what Avalanche was originally built for - Corporate demand for sovereign blockchain infrastructure continues growing - Custom blockspace allows companies greater control and customization The discussion highlights how **enterprise adoption** is driving demand for tailored blockchain solutions rather than shared networks. This validates Avalanche's early bet on providing infrastructure for **custom subnets** and specialized blockchain environments.
🔗 US GDP Data Goes Onchain
The U.S. government has made a historic move by publishing GDP data directly onchain for the first time. **What this means:** - GDP data is now instantly accessible, verifiable, and tamper-proof - Anyone can reference trusted economic numbers without intermediaries - Markets get faster access to critical economic indicators **Why it matters:** - Onchain GDP enables transparent financial models and automated contracts - Developers gain reliable data inputs for new applications - Citizens get confidence in shared economic information **The bigger picture:** By the economic equation Real GDP = (M x V) / P, putting GDP onchain increases money velocity (V), potentially boosting real GDP growth. This signals that even the most important economic metrics can live in open, transparent blockchain systems. The move raises questions about what other economic indicators should follow GDP onto the blockchain.