Avalanche Unleashes Durango Upgrade, AVAX Price Rockets 8% With ‘Teleporter’ Debut
Summary
Avalanche (AVAX) launched the Durango upgrade, introducing Teleporter to improve cross-chain communication using Avalanche Warp Messaging. Teleporter simplifies sending and receiving cross-chain Ethereum Virtual Machine (EVM) messages, promoting fluid EVM interoperability. The upgrade enables native communication between subnets and the C-Chain, allowing Solidity developers to trigger contract invocations across any Avalanche Subnet. The introduction of Teleporter coincided with AVAX's 8% surge in the past 24 hours, reaching a trading price of $44.18. This follows a remarkable year-to-date growth of over 173%.
