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Avalanche Jumps Ahead of Helicon Mainnet Upgrade, Tops $10 Intraday

Uk Jin

Summary

  • Avalanche (AVAX) surged on expectations for the Helicon mainnet upgrade.
  • As of 1:40 p.m. on September 20, Avalanche was trading at $9.58, up 12.67% from a day earlier, and briefly rose above $10 during the session.
  • The Helicon 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

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Photo: Shutterstock
Photo: Shutterstock

Avalanche (AVAX) surged ahead of the Helicon mainnet upgrade.

As of 1:40 p.m. on September 20, Avalanche was trading at $9.58, up 12.67% from a day earlier, according to CoinMarketCap. It briefly rose above $10 earlier in the session.

The move appears tied to the Helicon mainnet upgrade scheduled for September 22. Helicon is a major upgrade designed to improve validator operations and efficiency on the Avalanche network.

The upgrade will cut Avalanche’s minimum validator staking period to 48 hours from 14 days. That would reduce the time burden for validator participation.

#Blockchain Upgrade
Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.

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