The Avalanche Network Implements Octane Upgrade
The Avalanche network has recently implemented Octane, a significant upgrade focused on optimizing transaction costs and efficiency. With the introduction of Octane, which was developed under the Avalanche community’s ACP-176 proposal, the network now adopts a dynamic gas fee management system, replacing the previous static fee model. This advancement allows for automatic adjustments of gas fees in response to activity volume, promoting greater accessibility and agility in operations.
Avalanche Octane is live on mainnet, the first in a series of updates focused on performance improvements and optimizations to the C-Chain ⛽️
Driven by ACP-176, this update adopts a dynamic fee mechanism on the C-Chain, leading to lower transaction costs and improved efficiency…
— Avalanche (@avax)
April 8, 2025
Prior to Octane, Avalanche C-Chain users faced significant increases in transaction fees during periods of high demand. This resulted in high and unpredictable costs, especially affecting those who needed fast and cost-effective transactions. Now, with the new mechanism, fees automatically adapt, keeping costs low and performance robust, even as network traffic increases.
At the time of publication, the Avalanche price was listed at US$18.20, up 10% in the last 24 hours.
Avalanche Cryptocurrency Price Prediction
On Twitter, @CryptoELlTES shared an exciting update on the price of the cryptocurrency Avalanche (AVAX). When they first reported on the coin, it was trading at $17, but it recently reached $22. They also outlined some very ambitious future price targets for AVAX, with predictions for the price to reach $55, then $100, and finally $150. The post encourages followers to stay focused, highlighting the analyst’s confidence in AVAX’s upward trajectory.
AVAX was at $17 when I shared it with you—now it’s at $22!
Next targets: $55 → $100 → $150
Just stay focused!
#AVAX
$AVAX
— @CryptoELlTES (@CryptooELITES)
April 9, 2025