Avalanche has launched the Durango update and a Teleporter tool, designed to enhance interaction within its ecosystem. According to a post on X. The update and this new tool aim to enhance the network’s development experience.
TakeAway Points:
- Avalanche has launched the Durango update and the Teleporter communication tool.
- The teleporter seeks to address concerns about ecosystem fragmentation and increase cohesion between Avalanche subnets.
- AVAX has shown an upward trend, closing above $42. Forecasts remain positive, with an up-to-$80 price projection.
Durango Update and Teleporter
The report states that the teleporter seeks to address concerns about ecosystem fragmentation and increase cohesion between Avalanche subnets. It is powered by Avalanche Warp Messaging (AWM) and is available on the Ethereum Virtual Machine (EVM)-compatible C-Chain network. Additionally, it allows subnets to easily share price data for tokens and NFTs, contributing to greater integration and efficiency on the network.
According to the report, the launch of Teleporter demonstrates AVAX’s dedication to enhancing its infrastructure and developing resources that promote community interaction and cooperation. Teleporter makes it easier for developers working on the Avalanche network to activate contracts more quickly by offering an EVM-compatible interface.
However, the launch of the Durango update and Teleporter follows a recent incident on the Avalanche blockchain, resulting in a temporary network disruption. The issue was mistakenly recognized as a result of a fresh enrollment wave; the problem was eventually found to be a mempool management error.
The native cryptocurrency of Avalanche, AVAX, saw a decline in value as a result of this disturbance, underscoring the significance of enhancing the stability and dependability of the network.
