Avalanche (AVAX) Continues Freefall, Sheds 12% In Last 7 Days – Can It Recover?

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Avalanche (AVAX) Continues Freefall, Sheds 12% In Last 7 Days – Can It Recover? - NewsBTC

Quick Summary:

The Gist Of ACP-77 ACP-77 is the newly announced major proposal made by the Avalanche Foundation to simplify the system for developers, enhancing the flexibility of launching subnets on-chain.

Lowering costs and resource requirements for developers will help bring in new devs to build on Avalanche, enhancing the platform for users.

These Metrics Say Yes AVAX Downtrend Although the token has been riding the slide downward since the start of the year, AVAX bulls seemed to have found the perfect support for a possible breakthrough.