Many projects collapsed due to the bear market. Avalanche [AVAX] has not only been hit by the bear market, but also by the Ava Labs controversy in October. While the price of the asset fell sharply, the rest of the network joined in at the same time.
Avalanche launched its core wallet in March 2022. The announcement was made at the Avalanche Summit in Barcelona, Spain. The success of the wallet led the team to launch a core wallet for mobile devices. Nine months after its launch, the wallet is now in the palms of users.
According to the details, Ava Labs will launch a mobile version of the multi-chain wallet. The initial release is limited to Android users. iOS users are expected to receive support in 2023. By introducing mobile support, Avalanche extends its Web3 experience to all devices. Ava Labs Head of Product saying:
Core mobile is designed to give people maximum control over their crypto, while ensuring the product is intuitive enough for anyone to use Web3
The core wallet allows users to directly interact with dApps on the Avalanche blockchain. In addition to this, the wallet also provides a unified watch list to track real-time price movements. It also allows users to participate in DeFi dApps by easily exchanging Avalanche, Bitcoin, and Ethereum assets.
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