Ava Protocol Sees 900% Surge in Demand Ahead of Token Launch

Ava Protocol, a Web3 automation provider, has experienced a remarkable 900% increase in demand for its services since launching in July. This growth comes as the protocol prepares for its upcoming token launch, capitalizing on the rising interest in its "super-transactions" solution.

Significant Growth in Web3 Automation

Since its debut on EigenLayer’s mainnet four months ago, Ava Protocol has reported $3 billion in restaked assets. The operator's Total Value Locked (TVL) soared to $1.7 billion in Ethereum (ETH) just two weeks after launch. Additionally, the protocol has attracted over 11,500 unique wallets and averages more than 1,000 automated transactions daily on its testnet.

Ava Protocol’s innovative "super-transactions" aim to provide seamless, private, and composable automation for various smart contract functions, simplifying the development process for both technical and non-technical users.

Simplifying Blockchain for Developers

Chris Li, the founder of Ava Protocol, highlighted how super-transactions are revolutionizing blockchain automation, enabling creators to build more efficiently across diverse sectors like DeFi, NFTs, and Real-World Assets (RWAs). He stated, “By offering no-code, composable automation, we empower developers to simplify complex processes, making them accessible to everyone through user-friendly tools like our drag-and-drop interface and AI-powered automation copilot.”

Recently, Ava Protocol partnered with Soneium, Sony’s Ethereum Layer 2 (L2) blockchain, as part of Soneium Spark’s Incubation program. This collaboration aims to simplify blockchain interactions for Soneium developers and users with limited technical expertise by automating transactions and smart contracts based on preset conditions.

The partnership will help creators and developers in Sony’s blockchain to monetize their work through intent-based, no-code automation, facilitating the tokenization of RWAs and enabling new distribution methods.

Expanding Collaborations in the Ecosystem

Ava Protocol is also collaborating with other EigenLayer Active Validated Services (AVSs) to expand its automation offerings. Notable partners include fixed-rate lending dApp Term Finance, quantitative trading DEX Lhava, the RWA ecosystem Zoth, and restaking rewards provider Hourglass.

Looking ahead, Ava Protocol plans to launch its token within the next two to three months, aiming to solidify its position as a leader in the blockchain automation sector. As of now, further details regarding the token launch have yet to be announced.