The most important Avalanche milestones

Avalanche has seen significant improvement from the time it was launched to date. There has been a lot in terms of upgrades, technical changes, and tokenomics.

Here, we will highlight some of Avalanche’s major milestones:

  • April 2020 – Avalanche launched its first public Testnet
  • June 2020 – The Avalanche token was renamed to AVAX, and the company raised $12 million in Private Token Sale
  • July 2020 – The Avalanche cryptocurrency was launched via an ICO that raised $45 million in just 4.5 hours
  • September 2020 – The Avalanche mainnet was launched with all three component chains going live
  • January 2021 – Avalanche integrates with Reef DeFi and the Avalanche-Ethereum Bridge was also introduced
  • May 2021 – NFT minting was enabled in the Avalanche network
  • June 2021 – Avalanche released its roadmap
  • June, July and September 2021 – Avalanche underwent a series of audits and improvements
  • December 2021 – Avalanche added support for stablecoins to promote stablecoin diversity and stability of the network
  • February 2022 – Avalanche (AVAX), being one of the fastest-growing digital assets, breaks into the top 10 cryptocurrencies by market cap