The problem with ETH is that it is too expensive to use. It is not the value of the underlying asset.

If AVAX reaches the price, it would still be affordable for an average Joe to use as it would not be priced in hundreds of dollars.  ETH is like a traffic problem. It charges users expensive fees to use the new 4-lane highways, but as traffic eases, more people buy cars and drive, leading us back to where we started. It’s a vicious cycle and can only be solved by moving to a different mode of transportation.

AVAX will suffer the same fate of ETH over time if usage increases. There isn’t a magical wand you can wave to scale chains that still prioritize decentralization. This is a poor take.  There are ecosystems that are scalable and highly decentralized. What people don’t realize is innovation happens at a fast pace. There are other solutions that are being developed that have 0 limit on scalability whilst still maintaining security.

Ava Labs expressed:  “Avalanche is rapidly becoming the platform of choice in a multi-chain world. Because of Avalanche Consensus, Avalanche has managed to create a chain that is flexible, efficient, and green making it sustainable for the long-term.” – Seeking Alpha.

Summarizing the overall activities in the Avalanche Ecosystem, Seeking Alpha expressed, “Avalanche is quickly solidifying itself as a solid long-term winner in a multi-chain world.  Avalanche Consensus is flexible, efficient, and green making it sustainable. Partnerships are creating momentum for the growing ecosystem.  Avalanche is becoming the chain of choice for developers and innovators.  NFTs represent a large growth opportunity for Avalanche.”

AVAX is green because it unveils a new family of consensus protocols which combine the best of Nakamoto consensus with the best of classical consensus.

Those who are keen might want to check in the exhaustive video on YouTube titled “Snowflake to Avalanche.” By Emin Gun Sirer.

There are practically many reasons for Avalanche (AVAX) to be the platform of choice for several up and coming platforms.  With several players building on Avalanche, it permits the platform to hit an exponential “escape velocity.” Thus, the platform will be seen by founders, builders and developers in the crypto industry as an established, lower-risk player which will be sustainable in the long-term.

With increasing numbers of players building on Avalanche, it will continue to increase the momentum for the chain to drive further adoption. NFTs are in fact representing a major potential which is yet to be tapped.