Featured Image from Unsplash.com, Chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Ava Protocol, the event-driven EigenLayer Active Validated Service (AVS), has seen notable growth since launching in July. The Web3 automation provider reported a significant increase in demand for its \u201csuper-transactions\u201d solution ahead of its token launch. Related Reading: Analyst Says Fantom (FTM) Downtrend Is Over, Is $1 The Next Stop? Web3 Automation Provider Sees 900% Demand Increase Ava protocol reported a 900% surge in demand for its blockchain automation solution.\u00a0 The EigenLayer AVS\u00a0offers\u00a0Web3 infrastructure to support cross-chain automation, enabling composable autonomous transactions and allowing developers to deploy dApps rapidly. The protocol records $3 billion in restaked assets since launching on EigenLayer\u2019s mainnet four months ago. Ava Protocol\u2019s operator Total Value Locked (TVL) reportedly spiked to $1.7 billion worth of Ethereum (ETH) within two weeks of its launch. Additionally, the report reveals it has gained over 11,500 unique wallets and reached over 1,000 daily automated transactions running on the testnet. The Web3 automation provider\u2019s solution \u201csuper-transactions\u201d aims to offer \u201cseamless, private, and composable automation\u201d for any smart contract function, eliminating the need for developers to write code. Ava Protocol simplifies blockchain for developers and non-technical users. With the automation provider\u2019s solution, users can access enhanced privacy, composability and significantly lower transaction costs. The Future Of The Blockchain Automation Landscape Chris Li, the founder of Ava Protocol, remarked on how super-transactions \u201care transforming the landscape of blockchain automation\u201d by assisting creators to build more efficiently and simplifying the creation of Web3 applications: By offering no-code, composable automation, we empower developers and creators to build more efficiently, whether they\u2019re working in DeFi, NFTs, or RWAs. Our platform brings simplicity to complex processes, making them accessible to non-technical users through intuitive tools like our drag-and-drop interface, or our AI-powered automation copilot. The Web3 infrastructure provider recently partnered with Soneium, Sony\u2019s Ethereum Layer 2 (L2) blockchain, to bring automation to the network through Soneium Spark\u2019s Incubation program. The collaboration seeks to \u201csimplify blockchain\u201d for Soneium developers and users with limited technical knowledge by executing transactions and smart contracts based on predefined conditions. The partnership is set to enable creators and developers in Sony\u2019s blockchain to monetize their work with intent-base, no-code automation, allowing them to tokenize Real-World Assets (RWA) and unlock fractional ownership alongside new distribution methods. Related Reading: SUI To Face Another Pullback Following 5.3% Dip, Analysts Forecast 30% Correction Moreover, Ava Protocol has also partnered with other EigenLayer AVSs to offer its automation services, including fixed-rate lending dApp Term Finance, quantitative trading DEX Lhava, RWA ecosystem Zoth, and restaking rewards provider Hourglass. Ava Protocol expects to issue its token following its recent development and collaborations in the following months. The automation provider seeks to \u201ccement itself\u201d as a leading player in the sector by launching its cryptocurrency in the next two to three months. At the time of this writing, further details about the token\u2019s launch have not been revealed. Featured Image from Unsplash.com, Chart from TradingView.com<\/p>\n","protected":false},"author":614,"featured_media":649540,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[7905,93251,93253,10923,92186,93250,8323,1946,92052,78803,93252,93255,93256,93254],"class_list":["post-649533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-automation","tag-ava-protocol","tag-blockchain-automation","tag-crypto-market","tag-eigenlayer","tag-eigenlayer-avs","tag-eth","tag-ethereum","tag-ethereum-restaking","tag-ethusdt","tag-restaking-protocol","tag-soneium","tag-sony-l2-blockchain","tag-web3-automation-provider"],"acf":[],"yoast_head":"\n
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In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. 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Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. In summary, Rubmar seeks to present entertaining and educational pieces to be enjoyed by everybody, aiming to report on the latest news and offer a unique perspective while adding a meme or a pun whenever possible.","url":"https:\/\/www.wncen.com\/author\/rubmargarcia\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Web3 Automation Provider Ava Protocol\u2019s Demand Surges 900% Ahead Of Token Launch","url":"http:\/\/www.wncen.com\/news\/web3-automation-provider-ava-protocols-demand-surges-900-ahead-of-token-launch\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.wncen.com\/news\/web3-automation-provider-ava-protocols-demand-surges-900-ahead-of-token-launch\/"},"thumbnailUrl":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/emile-perron-xrVDYZRGdw4-unsplash.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/emile-perron-xrVDYZRGdw4-unsplash.jpg?fit=1920%2C1080"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Rubmar Garcia"}],"creator":["Rubmar Garcia"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/www.wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["automation","ava protocol","blockchain automation","crypto market","eigenlayer","eigenlayer avs","eth","ethereum","ethereum restaking","ethusdt","restaking protocol","soneium","sony l2 blockchain","web3 automation provider"],"dateCreated":"2024-10-24T07:00:42Z","datePublished":"2024-10-24T07:00:42Z","dateModified":"2024-10-24T07:00:42Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Web3 Automation Provider Ava Protocol\\u2019s Demand Surges 900% Ahead Of Token Launch\",\"url\":\"http:\\\/\\\/www.wncen.com\\\/news\\\/web3-automation-provider-ava-protocols-demand-surges-900-ahead-of-token-launch\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.wncen.com\\\/news\\\/web3-automation-provider-ava-protocols-demand-surges-900-ahead-of-token-launch\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/emile-perron-xrVDYZRGdw4-unsplash.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/emile-perron-xrVDYZRGdw4-unsplash.jpg?fit=1920%2C1080\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Rubmar Garcia\"}],\"creator\":[\"Rubmar Garcia\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/www.wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"automation\",\"ava protocol\",\"blockchain automation\",\"crypto market\",\"eigenlayer\",\"eigenlayer avs\",\"eth\",\"ethereum\",\"ethereum restaking\",\"ethusdt\",\"restaking protocol\",\"soneium\",\"sony l2 blockchain\",\"web3 automation provider\"],\"dateCreated\":\"2024-10-24T07:00:42Z\",\"datePublished\":\"2024-10-24T07:00:42Z\",\"dateModified\":\"2024-10-24T07:00:42Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/emile-perron-xrVDYZRGdw4-unsplash.jpg?fit=1920%2C1080","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts\/649533"}],"collection":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/users\/614"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/comments?post=649533"}],"version-history":[{"count":3,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts\/649533\/revisions"}],"predecessor-version":[{"id":649541,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts\/649533\/revisions\/649541"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/media\/649540"}],"wp:attachment":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/media?parent=649533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/categories?post=649533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/tags?post=649533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Web3,](\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/10\/ETHUSDT_2024-10-23_10-37-43.png?w=860&resize=860%2C483\")