As cryptocurrency markets continue to be shaped by short-term narratives and rapidly changing trends, Avalanche
$12.35Ava Labs, which is behind , is taking a completely different path. Rather than chasing temporary hype, the company is building a long-term strategy around blockchains specifically designed for specific use cases. This approach is a key reason why the Avalanche ecosystem is increasingly adopted in both the corporate world and traditional finance, according to John Nahas, Director of Business Development at Ava Labs.
In an interview with TheStreet Roundtable, Nahas emphasized that the “short-term narrative cycles” often seen in the crypto market can be misleading when evaluating Avalanche’s collaborations with banks, global brands and large-scale enterprises. According to him, focusing on popular themes that lasts three to four months dooms projects to constantly fall behind.
Avalanche’s Purpose-Driven Blockchain Vision
While Avalanche regularly ranks among the top 15 cryptocurrencies in terms of market capitalization, it defends the thesis that the blockchain world of the future will be shaped not around a single chain, but around sovereign and purpose-driven layer-1 networks. Nahas says a significant part of the industry still adopts an outdated business plan based on the assumption that “all activities will eventually be consolidated into a single network.”
However, Avalanche’s approach is different: Focusing not on more block space or pointlessly proliferating chains, but on blockchains designed for real-world needs. According to Nahas, banks, asset managers and large corporations need isolated, secure and customizable environments to conduct their operations. This is exactly where Avalanche comes into play.
The company’s corporate portfolio reflects this vision. Toyota’s development of four separate Avalanche chains for different workflows, and FIFA and SMBC, one of Japan’s leading financial institutions, establishing independent environments on the platform are concrete examples of this approach. Avalanche supports private permissioned, public permissionless and hybrid chains, ensuring that all these networks can interoperate with each other.
Institutional Adoption and Ecosystem Growth
According to Ava Labs, the Avalanche ecosystem is expanding rapidly. Currently, approximately 80 Avalanche layer-1 blockchains are active, while more than 100 networks are in the testnet phase. Nahas expects around 200 corporate and business-focused chains to launch next year in areas such as finance, identity, artificial intelligence and the public sector.
This growth also coincides with the institutional adoption trend that has recently come to the fore in the crypto industry. For example, Polygon, another blockchain platform, recently announced that it is launching new pilot projects on tokenization and private networks with major financial institutions. These developments show that corporate actors are starting to prefer infrastructures that suit their needs instead of general-purpose chains.
A similar development occurred in Ethereum in recent weeks.
$2,959.50 It also occurred in the ecosystem. Multiple global banks have announced that they are experimenting with regulatory-compliant private Ethereum-based networks. These steps reveal that the vision of “purpose-oriented blockchains” advocated by Avalanche has found response throughout the industry.

