Avalanche (AVAX) Cuts Fees 99.9% as GeeFi (GEE) Presale Explodes, Selling 50% of Phase One in Its First 24 Hours
The post Avalanche (AVAX) Cuts Fees 99. 9% as GeeFi (GEE) Presale Explodes, Selling 50% of Phase One in Its First 24 Hours appeared com. The Avalanche network is firing on all cylinders, demonstrating remarkable resilience and growth with major technical upgrades. The recent Etna upgrade has dramatically improved network efficiency, reducing C-Chain fees by a staggering 99. 9%. This has made the network more accessible and affordable for developers and users, leading to a massive spike in activity. For over a month straight, the C-Chain has sustained weekly transaction totals above 14. 5 million. This technical improvement is fostering a wave of innovation, especially from institutional players. The upgrade allows developers to launch custom subnets at a near-zero cost, accelerating institutional adoption and the creation of specialized blockchain solutions. As Avalanche’s ecosystem becomes faster and cheaper, investors need a powerful, multichain wallet to manage their assets. A new project, in development since 2023, was built for this exact purpose. GeeFi: Your Command Center for a Multichain World The GeeFi Wallet is a powerful, non-custodial mobile application from the GeeFi Team that puts you in complete control of your digital assets. It was created for the modern crypto investor who operates across multiple blockchains. Public since 2024, GeeFi provides strong support for major networks including Avalanche, Bitcoin, Ethereum, and more, with the team providing continuous updates. The application is an all-in-one crypto hub in your pocket. It features built-in swaps, cross-chain bridging, on/off-ramp services for moving between fiat and crypto, and tools for managing your NFT portfolio. It also includes an integrated Web3 browser and WalletConnect for secure interactions with decentralized applications. The wallet is available right now for Android, with an iOS version currently in development. The GEE Token: Fueling the Self-Custody Ecosystem The engine that drives the GeeFi platform is the GEE token. This is an ERC-20 utility token with a total supply of 1, 000, 000, 000. Holding GEE provides users with tangible advantages, such as reduced.