In the midst of the cryptocurrency market’s continued rebound, Avalanche (AVAX) has received major attention by ranking among the top ten best-gainer cryptocurrencies over the last 24 hours on CoinMarketCap. AVAX is currently trading at about $27.13, up 6.93%, with a transaction volume of $327.64 million over the period.
Alchemy Protocol Integration Boosts Avalanche
The integration of Alchemy Protocol, a leading blockchain development platform, with Avalanche’s C-chain, has undoubtedly contributed to the renewed interest in AVAX. This breakthrough is intended to improve the functioning and adoption of the Avalanche network.
🔺 gm gm @AvaxDevelopers 🔺
We are now supporting Avalanche C-chain ☀️ 😎 ⛓️
The following tools are now live for all @avax builders 👇
✅ RPC
✅ Subgraphs
✅ Dashboard
✅ 24/7 Support pic.twitter.com/6oFKJMip7A— Alchemy (@AlchemyPlatform) July 9, 2024
Spellborne MMORPG Gains Traction on Avalanche
Furthermore, the gaming community on the Avalanche network has seen exciting developments. The Pokémon-inspired MMORPG Spellborne has opened its doors to players and enthusiasts. Currently, the game can only be played in a browser, but it will be accessible for Android smartphones, iPhones, and the Epic Games Store by the end of this year. This announcement has produced a lot of interest, with the game already having over 100,000 sign-ups, 2.1 million battles, 140,000 monsters captured, and 12,000 active users.
Impressive first weekend for the monster-catching universe of @spellbornegame 👏
Players across the globe enjoyed first access to battle it out and create their own adventures in this MMORPG built on Avalanche.
Available now on Browser, with support for iOS, Android, and Epic… pic.twitter.com/WmzdjlvCJP
— Avalanche 🔺 (@avax) July 9, 2024
Avalanche’s Expanding Gaming Ecosystem
In addition to the Spellborne MMORPG, Avalanche has seen other significant gaming partnerships and integrations. Previously, CNF reported that Gamestarter, a platform for game developers, has announced a partnership with Avalanche. This alliance is intended to help game developers by enabling low-cost blockchain integration, thereby encouraging innovation and lowering entry barriers into the gaming industry.
Moreover, gaming giant Konami has adopted Avalanche to build a new NFT platform called “Resella.” This platform is projected to transform the NFT industry, leveraging Avalanche’s powerful infrastructure to provide a streamlined and cost-effective experience for both consumers and developers.
As the cryptocurrency market continues to rebound, Avalanche’s strong performance and the growing number of gaming partnerships and releases on its network have contributed to the renewed interest and attention surrounding AVAX. The integration with Alchemy Protocol, the success of the Spellborne MMORPG, and the expansion of Avalanche’s gaming ecosystem signal a promising future for the blockchain platform.