🌀 After the team rolled out the expanded solution, Avalanche (AVAX) jumped by 10

📈Avalanche.
AVAXUSD
The price has surged by more than 10% in the last 24 hours, showing strong momentum. The catalyst behind this bullish momentum is Ava Labs' latest Vryx expansion solution.

The developers behind Avalanche detailed how Vryx boosted its network capacity to an impressive 100,000 transactions per second (TPS).

🌀 An extended solution for Avalanche

Vryx will solve a key puzzle in Blockchain technology – scaling the network to facilitate transactions on a larger scale without compromising security or decentralization. The platform has revolutionized the transaction processing process with a new approach called "decoupled state machine replication" (DSMR).

Compared to traditional Blockchain such as Bitcoin, the decoupled structure demonstrates advanced capabilities in state machine replication (SMR), i.e., sequential execution and replication of valid transactions in each block. Vryx's DSMR enables a paradigm shift by distributing the organization of transactions prior to validation. This innovation greatly increases the speed of transaction processing by processing more transactions at the same time.

🌀 In fact, the solution works by dividing the transaction process into different parts and running in a streamlined manner. One of its key features is the mitigation of adversarial distribution attacks by preventing for-profit exploits. This is achieved by ensuring that all copied transactions within the network incur fees.

The upcoming solution will debut on the HyperSDK Testnet and then roll out to other Avalanche virtual machines.

"Vryx enables HyperSDK to take full advantage of DSMR pipelines without sacrificing the robustness of traditional SMRs, which can perform comprehensive syntax and semantic verification," explains Patrick O'Grady, VP of Platform Engineering at Ava Labs.

📈AVAX PRICES ARE RISING

Avalanche's AVAX Token reflects the excitement surrounding these developments. According to BeInCrypto, the price of AVAX has soared by about 10% and is close to $36 as of press time.

This increase outpaced other major assets such as Bitcoin, Ethereum, and Solana, which rose by around 5% or even less over the same period.

At the same time, the DeFi space of the project has seen growth. According to DeFiLlama, the total value of assets locked in the project's ecosystem grew by 7% to $876 million. Among this figures, the impact of Liquidity betting platform Benqi is particularly significant, accounting for 60.10% of TVL.

(TV- BEINCRYPTO)