The Avalanche blockchain is set to undergo a significant upgrade, referred to as Avalanche9000, which aims to enhance its performance. This upgrade is expected to improve transaction speeds, with researchers reporting a testing achievement of 100,000 transactions per second (TPS) in decentralized environments. Additionally, projections suggest that if Avalanche can reach 1 million TPS, it could generate annual revenues of approximately $63.1 billion, assuming a transaction cost of $0.20. In a related development, Solana is also forming a new research team focused on achieving 1 million TPS, indicating a competitive landscape in blockchain performance enhancement.