Inside: Avalanche Card, KiteAI, Inversion L1, and more.
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The Snow Report | Issue Archive

The Avalanche Snow Report: February 2025

Welcome to The Avalanche Snow Report! This monthly newsletter brings you highlights from across the Avalanche ecosystem, including DeFi, Enterprise & Institutional, NFTs & Culture, Gaming, and Infrastructure & Enablement.

Have feedback or want to learn more? Please contact megan.moran@avalabs.org.

Network Highlights

The Avalanche Card Arrives

The Avalanche Card is designed for a world where crypto isn’t just held—it’s used. A new way to connect, without relying on mainstream tools. Through its integration with Visa’s trusted global network, users can now pay for groceries, transportation, online shopping, and even utility bills, as applicable—just like any traditional credit card.

With support for Avalanche-native USDC, USDT, AVAX, and Wrapped AVAX (wAVAX), the card allows users to use crypto as easily as fiat without complicated exchange conversions.

Sign up for the card here.

KiteAI, the first AI-focused Layer 1 comes to Avalanche

KiteAI is the first foundational AI Layer 1 (L1) on Avalanche. By bridging cutting-edge AI technology with Avalanche’s high-performance infrastructure, Kite AI’s testnet launch is set to redefine how developers and institutions engage with blockchain AI development.

What makes Kite AI’s Layer 1 purpose-built for the growth of AI?

  • Decentralized data engine for secure, fair data sharing
  • Customizable subnets for modular AI development
  • Portable AI memory for long-term attribution and ownership

Learn more here.

DeFi

Meme City Brings a New Memecoin Primitive to Avalanche

Learn more here.

Stakease Arrives on Avalanche

Learn more here.

Pharaoh Announces New Updated Ui, Targeted at Traders and Liquidity Providers

Learn more here.

Enterprise & Institutions

Inversion to Launch Avalanche Layer 1 to Radically Accelerate Mainstream Crypto Adoption

Inversion L1 will power the world’s first crypto-native private equity strategy, acquiring established businesses with strong distribution and loyal customer bases. By integrating blockchain rails, it aims to enhance operational efficiency and anchor these businesses on the L1—think Berkshire Hathaway, but on-chain.

Learn more here.

Littio and OpenTrade Launch EURO IBAN Accounts

Littio is expanding its product suite with a new EURO account and savings option powered by Circle’s EURC and OpenTrade’s RWA-backed stablecoin yield platform on Avalanche. With Littio’s mobile banking app, tens of thousands of users have already accessed USD-based savings via USDC.

Now, with the launch of the EURO IBAN account, Littio is bridging another gap—offering Latin Americans and Europeans a simple, cost-effective way to bank and save in EUR.

Learn more here.

More Enterprise & Institutions Highlights

  • Apollo’s Diversified Credit Securitize Fund launched on Avalanche
  • Future of Fan Engagement - Report by 51Insights

Gaming

Warpchain (WARP) Launches on Avalanche

WARP is a new Avalanche Layer 1 blockchain designed to provide game developers with the infrastructure, tools, and support needed to build sustainable Web3 gaming economies. It offers a full-service solution, including AI-driven tokenomics tools, a Web3 toolset, and publishing support. The platform is already backing multiple game projects, with the first wave of titles expected to launch in 2025.

Learn more here.

Haunted Space Brings Another Avalanche Game to Consoles

Haunted Space, an open-world space exploration and combat game from Galaxy Lab, is coming to PlayStation, Xbox, and PC. Powered by Avalanche’s C-chain, the game integrates Galaxy Lab’s Polaris AI, which enhances gameplay through AI-driven coaching and award-winning accessibility features. The title is currently in closed Beta with an expected release later this year.

Learn more here.

Lightning Forge Awarded InfraBUIDL(AI) Grant

Lightning Forge Gaming (LFG) is the latest recipient of Avalanche’s infraBUIDL(AI) program, driving AI-powered gaming innovation on the network. Led by industry veterans from Netflix Games and Ubisoft, LFG is introducing advanced AI features to Avalanche, including trainable AI agents, AI-powered matchmaking, and automated tournaments.

Learn more here.

More Gaming Highlights

  • Avalanche co-sponsored the Parallel Prime Championship in Vegas, bringing Off the Grid and Shatterline mini tournaments
  • WolvesDAO chooses Avalanche to build out their web3 offerings
  • Messari’s Pulse Report highlights Maplestory’s big playtest wins
  • Forgotten Playland announces the game will launch on March 27
  • Gaming on Avalanche got its own TikTok

Avalanche Team1

Team1 Scales To 60+ Events In February

During the month of February, Team1 members have scaled operations to host 60+ community events. These include meet-ups, gaming nights, Codebase pitch competitions, and developer workshops.

Learn more here.

Team1 at Consensus Hong Kong

Team1 was present at Consensus HK with the Avalanche Foundation and some ecosystem projects. Overall, Consensus was an amazing event with many activations and opportunities to network with the community.

Learn more here.

Infrastructure & Enablement

Reactive Network Mainnet Launches with Avalanche Support

On February 25, 2025, Reactive Network officially launched its mainnet, introducing a native execution layer for reactive smart contracts. This innovation enabled smart contracts to process and respond to on-chain and off-chain events in real time, enhancing automation and interoperability across blockchain ecosystems.

From day one, Reactive Network supports Avalanche as both a source and destination chain, empowering developers to build cross-chain workflows, AI-driven dApps, and advanced DeFi automation with seamless interoperability. This follows the success of the Kopli Testnet, which processed over 10 million transactions with 75+ applications in development.

Developers on Avalanche can now explore new frontiers in automation, cross-chain logic, and real-time event processing with Reactive Smart Contracts.

Explore the Reactive Network here.

More Infrastructure & Enablement Highlights

  • Bitcoin L1s on the rise which includes PlanB and BitcoinL1
  • Avalanche launches dual funding rounds with Gitcoin

ICYMI: Avalanche Sessions

  • Investor Outlook: VC Insights on the Future of Avalanche
  • DeFi on Avalanche: Where Innovation Meets Finance with Avant, Dexalot, Paharoah Exchange, and Stable Jack
  • AI on Avalanche: Simplifying the Web3 Experience with KiteAI and Orbit
  • infraBUIDL Grantee Roundtable
  • The Importance of Fully Encrypted Exchanges for Institutions and Traders with Emin Gün Sirer and Enclave Markets
  • DePINs for Lowering Cost & Energy Consumption of Digital Communications & More
  • The Rise of COQNet: The Avalanche L1 Bringing Utility to a Meme with GoGoPool
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