AVAX

Avalanche’s unique three-chain architecture and novel consensus mechanism makes it ideal for decentralized applications and digital asset creation. What is Avalanche? Avalanche is a decentralized layer one (L1) blockchain platform and ecosystem tailored for building decentralized applications (dapps), custom blockchains, and digital assets. With its novel proof-of-stake (PoS) mechanism, Avalanche seeks to solve the blockchain…

AVAX drops 7% in a week despite ascending channel pattern. Technical indicators show increasing selling pressure. Price targets: potential rise to $39.30 or drop to $17.30 depending on market direction. Avalanche (AVAX), despite forming an ascending channel pattern on the daily timeframe, has consistently delivered negative returns to investors, raising questions about its potential for…

Avalanche has launched a new Visa card for cryptocurrency payments. According to the announcement, users can spend WAVAX (Wrapped AVAX), USDC (USD Coin), sAVAX (staked AVAX), and more wherever Visa cards are accepted. JUST IN: Avalanche $AVAX releases Visa card for cryptocurrency payments. — Watcher.Guru (@WatcherGuru) October 22, 2024 The Impact of Avalanche’s New Visa…

AVAX, the crypto associated with the Avalanche blockchain, has experienced a remarkable 16% increase in value within just 48 hours. This surge follows the announcement that the Avalanche Foundation plans to buy back 1.97 million tokens previously sold to the Luna Foundation Guard (LFG) in April 2022. The deal is awaiting approval from a bankruptcy…

The Avalanche Foundation plans to repurchase 1.97 million AVAX tokens from Luna Foundation, pending bankruptcy court approval. Avalanche’s strategic token repurchase reflects its commitment to stability and ecosystem growth amid ongoing developments. Strategically, the Avalanche Foundation has decided to repurchase 1.97 million AVAX tokens sold to the Luna Foundation Guard (LFG) from April 2022. LFG…

Avalanche AVAX has witnessed a substantial surge over the last week, rising 20% in price on the charts. Following its huge gains as part of the crypto boom in March 2024, AVAX saw a strong decline and was struggling to recover. However, the asset is beginning a long-waited rally on a strong note. Trading volume…

Avalanche9000 is the biggest upgrade that the Avalanche network has undergone since its mainnet launch and prepares the network for an explosion in builders and users. The upgrade removes the need for validators to stake 2000 AVAX tokens, making it easier to deploy custom blockchain networks atop the Avalanche network. Blockchain networks are going through…