Review and Rating
RATING UPDATE: Singularity [Competing assets-exchange networks (Tezos, Fantom, Solana) are still in a hot pursuit of Avalanche despite bear market conditions.] (b) - Volume [AVAX market cap get down 80 percent from USD 24.7B (21Q4) to 5B (22Q3) during the severe crypto winter of 2022. At the same time, Avalanche expanded its potential market by engaging into NFT activity, real-world assets (RWAs), GameFi, and unique use cases like Film Finance Offerings (FFOs)] (b) - Empathy [Number of Avalanche Twitter followers is constantly growing (820.3K as of now). At the same time, the network experienced sharp declines in network usage. Also, Community concerns about the redirected activity to subnets became prevalent. On the other hand, user access to Avalanche extended with Core, THORChain, Boba Network, and other protocols integrations.] (b) - Timing [Avalanche announced that the Banff upgrade is live on the mainnet (completes the launch of Elastic Validation for Subnet creators).] (c+)