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Ava Labs executive says crypto remains in adolescence despite growing real-world use

August 21, 2026, 7:45 AM
Crypto remains in an adolescent stage despite weak prices, though opportunities for real-world use are greater than ever, John Nahas, chief business officer at Ava Labs, the developer of Avalanche (AVAX), said, according to The Block. Citing corporate payments, government-level blockchain adoption and World Cup ticketing as examples, Nahas said the industry is now belatedly following the real-world use cases Avalanche has long focused on.

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