Avalanche Jumps Ahead of Helicon Mainnet Upgrade, Tops $10 Intraday
Bloomingbit Newsroom
Summary
- Avalanche (AVAX) surged on expectations for the Helicon mainnet upgrade.
- Avalanche was trading at $9.58, up 12.67% from a day earlier, and briefly topped the $10 mark during the session.
- The upgrade will shorten the minimum validator staking period to 48 hours from 14 days, reducing the burden of validator participation.
Forecast Trend Report by Period
Avalanche (AVAX) jumped ahead of the Helicon mainnet upgrade.
As of 1:40 p.m. on Sept. 20, Avalanche was trading at $9.58, up 12.67% from a day earlier, according to CoinMarketCap. It briefly topped $10 earlier in the session.
The Helicon mainnet upgrade, scheduled for Sept. 22, appears to have boosted investor sentiment. Helicon is a major upgrade designed to improve validator operations and efficiency on the Avalanche network.
The upgrade will shorten Avalanche's minimum validator staking period to 48 hours from 14 days, reducing the time burden for validator participation.
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