For those who were surprised (and coping) by the NYSE announcment today, I will let you in on some alpha.
Value accrual to $AVAX WILL happen within this framework adopted by the Avalanche Foundation:
Measure -> Capture -> Distribute
A lot of thought, money, and time has gone into this. No other chain I can think of has overhauled their tokenomics and network security and recovered from it since the Merge on Ethereum. I plan on it making history.
Re: AVAX value accrual:
Look to what @aave is doing with regards to stock vs equity.
Then consider who moved from Avalanche to Aave within the last year.
And note the closeness between Stani and Avalanche.
Your TL is full of dots. Connect them.
Avalanche holders have been through it. Other chains got the spotlight, hearing it's dead, wondering if anything was ever coming.
Then NYSE's affiliated platform picks Avalanche tech for its clearing and settlement layer. 24/7 trading, clearing, settlement. They tested multiple chains for over a year and this is where they landed. Massive credit to Ava Labs for the years of quiet BD work.
Meanwhile the Foundation is funding 6 research teams from Stanford, Oxford and Imperial on validator economics, fee burning and how value flows back to $AVAX. Institutions coming in while the token gets built to capture it is the combo we've waited for.
To anyone fading $AVAX because of the chart: look at what's under it. Price lags. NFA
The announcements from Avalanche and Avalanche Foundation this week have captured the moment, narrative, and attention of people everywhere. It caught many off guard who thought building in silence meant nothing was happening, and now they see how far along AL actually is in realizing their vision. Keep shipping 🚢
Today we announced the six research teams selected through our first Call for Research Proposals.
For some time now, we’ve been working through some of the central questions in blockchain economics: How much value does an ecosystem create? How much of it does the network capture, and what’s the right price for blockspace? And as networks mature, how should they pay for their security over the long term?
We’ve been exploring these questions in public through our economic research agenda. Now this program brings in independent researchers, affiliated with Stanford, Oxford, Imperial College London and others, to help accelerate that work and add independent scrutiny.
Getting these answers right matters.
They shape how a network sustains itself, how it rewards those who secure it, and whether the value it creates supports its long-term health. They’re questions many proof-of-stake networks face, which is why we intend to share what we learn openly.
As this industry takes on more responsibility, rigorous and independent research like this will only become more important.
Excited to work with these talented teams, and see what they find.
Vamos! 🔺
Different applications impose different constraints, and the systems that endure are those engineered to meet them.
We should be celebrating every meaningful step toward true global adoption.
Why Avalanche for NYSE?
It’s important to note that this was not a quick, monetarily-driven decision made without due diligence, as I’ve seen a few posts speculating that. After more than a year of evaluating and testing multiple blockchain networks, NYSE arrived at Avalanche for a multitude of reasons.
For those who have followed Avalanche closely, this shouldn’t come as much of a surprise. For everyone else, it’s worth understanding the fundamental difference between building for speculative crypto markets and building the infrastructure that underpins global capital markets.
For regulated financial institutions, high TPS and low transaction fees are the baseline. Most modern blockchains can offer some version of both, with the much harder problem being architectural.
Monolithic chains share consensus, execution, and blockspace. Conventional EVM L2s introduce dependencies on external settlement layers, sequencing, and data availability. Both models come with constraints that become particularly consequential when institutions need direct control over their infrastructure, especially when it comes to regulatory compliance.
Avalanche was designed around a different premise.
Avalanche L1s operate with independent consensus, dedicated validator sets, customizable virtual machines, configurable fee markets, and protocol-level permissioning. Institutions can define who validates, who participates, how transactions are processed, and how their networks are governed, with the flexibility to implement regulatory requirements directly into the infrastructure.
They can do so without inheriting the congestion or settlement dependencies of another chain, while retaining the ability to interoperate with other networks and access the broader Avalanche ecosystem’s assets and liquidity.
This combination of sovereignty, customization, performance, and interoperability is what makes Avalanche uniquely suited for true capital markets. It’s one thing to offer institutions a place to deploy applications, anyone can do that. It’s another thing to give them the ability to operate the underlying infrastructure on their own terms.
We’ve spent years building around the conviction that the world’s largest financial institutions would eventually need purpose-built blockchains of their own, rather than forcing entirely different businesses and regulatory environments onto a single shared network.
NYSE’s decision is a powerful validation of that thesis.
And I believe we’re only beginning to appreciate just how important these architectural decisions will be as global financial markets continue to move onchain.
The NYSE announcement is a monumental milestone for Avalanche, but I would argue it’s an even bigger moment for our entire industry and we're excited to be a part of that progress.
Naturally, I’m proud to see Avalanche technology at the center of infrastructure being developed for one of the world’s most important financial institutions.
But scrolling through the timeline, I’m reminded of how difficult it can be for this industry to recognize progress beyond an individual’s own native ecosystem or bias.
We have spent the better part of a decade debating which chain will ultimately prevail, sometimes losing sight of what we’re actually trying to accomplish. The opportunity in front of us is orders of magnitude larger than the market we’re competing over today.
When an institution like the NYSE moves toward blockchain-based market infrastructure, it lends credibility to an entire industry that has spent years working to establish its place in global finance.
That should be celebrated, regardless of which network is involved.
I want Avalanche to win, and I’ll continue making the case for why our team and technology is uniquely suited for institutional finance. But I also recognize that meaningful progress across other ecosystems strengthens the case for all of us. The pie is infinite for all of us collectively.
We’re still early in a much larger transformation of global finance. There’s plenty of room for healthy competition without losing sight of the fact that we’re building toward the same future.
I hope we can move beyond the old tribalism and start acting like an industry that’s ready for the responsibility being placed in its hands.
Onwards 🔺
. @NYSE is transitioning to a next-generation financial infrastructure designed to enable 24/7 continuous settlement of trillions of dollars in capital market assets.
The blockchain technology powering this transformation is @avax .
avalanche-2:native #AVAX#Avalanche #Blockchain #WallStreet
Trade 24/7.
NYSE’s Michael Blaugrund explains how bringing markets onchain will make them more efficient and improve the experience for investors and businesses alike, and how Avalanche is playing a key role in this.
Avalanche Originals. Episode 2.
New FDN research proposals just dropped
Multiple groups of highly talented researchers working to figure out how to drive more value to the token
What happens if they succeed?
Avalanche is meeting institutions, enterprises, and innovators where they are in their onchain journey.
The industry can either continue to sit on the sidelines and lecture about the benefits of blockchains, or meet the moment and show what they can do. We're doing that.
Onwards 🔺
We wanted value accrual to $AVAX to match the ETNA upgrades and capture future of value flowing from institutional adoption, so the top qualified people in this field from economists to tech founders and finance professors are making it happen. 🔺
Over the coming months, we plan to host the Economics of Blockchain Roundtable, a livestream series introducing each team. Each episode will focus on one proposal, with the grantees joined by guests from the selection committee.
Hear directly from the researchers and follow the work as it develops.