AVAX News | October 28
Ecology and Development
🔹 Granite upgrade launched on Fuji testnet — introducing an Epoch-based cross-chain messaging mechanism, set to officially activate on October 29, enhancing the stability of cross-chain communication.
🔹 The Avalanche points system is live — a brand new community incentive program allows users to earn points by participating in and sharing Avalanche content.
🔹 Core Earn officially launched — users can directly participate in DeFi protocol earnings on Avalanche within the Core app.
🔹 Gemini supports USDT and USDC transfers — the two major stablecoins join the Avalanche network, further enhancing ecological usability.
🔹 AgriFORCE approves $300 million AVAX investment transaction - plans to establish an AVAX treasury of over $700 million, strengthening institutional exposure layout.
🔹 D3fenders joins the Avalanche ecosystem - launches the 2FA Vault security tool and will release NFTs to enhance wallet security protection.
🔹 VanEck launches a fund focused on gaming, DeFi, and AI - the new fund will focus on key tracks within the Avalanche ecosystem.
DeFi
🔹 BlackRock sBUIDL integrated into Avalanche's Euler protocol - achieving the first direct integration of tokenized funds and on-chain DeFi protocols.
🔹 JYPC launches Japanese yen stablecoin - Japan's first JPY pegged stablecoin goes live on Avalanche, promoting cross-border DeFi development.
🔹 Dinari launches a multi-chain order book L1 network - a brand new chain-level trading infrastructure based on Avalanche, supporting advanced DeFi trading.
🔹 TradeSta launches stock perpetual contract exchange - the first platform in DeFi to support stock perpetual trading is officially online on Avalanche.
🔹 Avalanche × USDC × Visa - stablecoins collaborate with payment giants to accelerate on-chain payments and DeFi integration, promoting ecosystem growth.
Gaming ecosystem 🎮
🔹 Artery Chain launches AI game exclusive L1 - combining AI, NFTs, and Web3 game mechanics, with a native token of $ARTERY.
🔹 IDRISS supports Twitch creators rewarding with AVAX and GUN - providing streamers with new ways to monetize Avalanche tokens.
🔹 Beam subnet achieves 5800+ TPS - daily transaction volume exceeds 25 million, covering 90+ games, setting performance records.
🔹 FCHAIN empowers Faraway game ecosystem - supporting multiple games including Shatterline and Legends of the Mara.
NFTs
🔹 BearChronicles launches dynamic NFT series - includes x402 module for self-evolving and self-yielding on-chain experiences.
Meme track
🔹 Arena App supports Meme Token issuance - social finance platform allows creators to issue tokens, supporting profit sharing and loss sharing mechanisms.
Community and Culture 💫
🔹 Points system awakens dormant accounts - new mechanism drives old users back, significantly increasing activity.
🔹 Avalanche community reaches new heights - with the points program and ecosystem development, community sentiment is high.
Infrastructure / Custom L1 🧱
🔹 Korean won stablecoin integrated with Avalanche - KRW pegged asset joins the ecosystem, enhancing payment and settlement systems.
🔹 FRNT launches government-backed stablecoin - another fiat-backed asset joins the Avalanche stablecoin ecosystem matrix.
