On November 19, 2025, significant upgrades were implemented in the cryptocurrency space, with Avalanche launching its Granite mainnet upgrade and Firo executing a hard fork. According to the results published in the material, these developments are expected to enhance network capabilities and attract more institutional interest.
Granite Mainnet Upgrade for Avalanche
The Granite mainnet upgrade for Avalanche focuses on improving subnet capabilities, resulting in a notable 15% increase in subnet creation. This enhancement is anticipated to bolster the platform's scalability and efficiency, making it more appealing to institutional investors looking for robust blockchain solutions.
Firo's Hard Fork for Enhanced Privacy
Meanwhile, Firo's hard fork aims to enhance privacy and stability within its network. Following the upgrade, Firo has experienced an 8% increase in its hash rate, indicating a rise in mining activity and network security. Experts believe that these advancements could significantly impact the cryptocurrency landscape, fostering technological growth and innovation across both platforms.
On November 20, 2025, the OCC clarified that banks can hold cryptoassets for specific purposes, marking a significant regulatory shift in the financial sector. This development contrasts with recent upgrades in the cryptocurrency space, such as Avalanche's Granite mainnet upgrade. For more details, see OCC's decision.
