$AVAX /USDT โ ๐ข LONG ยท Conf 85%
๐ Entry: 11.0717 โ 11.1383
๐ SL: 9.9050
๐ฏ TP1: 11.6603
โ TP2: 12.1045
๐ TP3: 12.7708
Price reclaimed MA25 (10.999) and is consolidating just below MA7 (11.208) โ the pullback from 11.799 to current is a clean higher-low retest within a multi-day uptrend.
$AVAX : Avalanche runs a tri-chain architecture with subnets enabling app-specific blockchains โ the Avalanche9000 upgrade drastically cut subnet deployment costs in late 2024; risk is that subnet gas tokens continue to dilute native AVAX fee demand.
Does the Avalanche9000 cost reduction actually accelerate meaningful subnet adoption, or does it just lower the barrier for low-quality chains that won't generate lasting AVAX utility?
#AVAX #Avalanche #Avalanche9000 #Utility #Web3
๐ Entry: 11.0717 โ 11.1383
๐ SL: 9.9050
๐ฏ TP1: 11.6603
โ TP2: 12.1045
๐ TP3: 12.7708
Price reclaimed MA25 (10.999) and is consolidating just below MA7 (11.208) โ the pullback from 11.799 to current is a clean higher-low retest within a multi-day uptrend.
$AVAX : Avalanche runs a tri-chain architecture with subnets enabling app-specific blockchains โ the Avalanche9000 upgrade drastically cut subnet deployment costs in late 2024; risk is that subnet gas tokens continue to dilute native AVAX fee demand.
Does the Avalanche9000 cost reduction actually accelerate meaningful subnet adoption, or does it just lower the barrier for low-quality chains that won't generate lasting AVAX utility?
#AVAX #Avalanche #Avalanche9000 #Utility #Web3
