Ava Protocol Sees 900% Demand Surge for Its Blockchain Automation Solution

Ava Protocol, the event-driven EigenLayer Active Validated Service (AVS), has seen notable growth since launching in July.

Web3 automation provider Ava Protocol has seen a 900% increase in demand for its blockchain automation solution, the company announced in a recent report on Thursday.

The EigenLayer Active Validated Service (AVS) launched in July and has since seen a surge in demand for its “super-transactions” solution ahead of its token launch.

Ava Protocol Offers A Deep Dive Into Web3 Automation Success

The EigenLayer AVS provides Web3 infrastructure to support cross-chain automation, enabling composable autonomous transactions (CATs) and allowing developers to deploy decentralized applications (dApps) rapidly.

The protocol records $3 billion in restaked assets since launching on EigenLayer’s mainnet four months ago. Within two weeks of its launch, Ava Protocol’s operator Total Value Locked (TVL) reportedly spiked to $1.7 billion worth of Ethereum (ETH).

The report also reveals that the protocol has gained over 11,500 unique wallets and reached over 1,000 daily automated transactions running on the testnet.

The Web3 automation provider’s solution “super-transactions” aims to offer “seamless, private, and composable automation” 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’s solution, users can access enhanced privacy, composability and significantly lower transaction costs.

“Our super-transactions are transforming the landscape of blockchain automation by assisting creators to build more efficiently and simplifying the creation of Web3 applications,” said Chris Li, founder of Ava Protocol.

“By offering no-code, composable automation, we empower developers and creators to build more efficiently, whether they’re 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’s Ethereum Layer 2 (L2) blockchain, to bring automation to the network through Soneium Spark’s Incubation program.

The collaboration aims to “simplify blockchain” for Soneium developers and users with limited technical knowledge by executing transactions and smart contracts based on predefined conditions.

The partnership will enable creators and developers in Sony’s blockchain to monetize their work with intent-based, no-code automation, allowing them to tokenize Real-World Assets (RWA) and unlock fractional ownership alongside new distribution methods.

Additionally, 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.

Following its recent development and collaborations, Ava Protocol expects to issue its token within the next two to three months. The automation provider aims to “cement itself” 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’s launch have not been revealed.

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