Este artĂculo tambiĂ©n está disponible en español. Avalanche (AVAX) has had a terrible Q2 2024 by several standards, going by a significant decline in market capitalization coupled with low revenue generation. Related Reading Messari’s recent report indicated that AVAX faced a fierce correction after two quarters of growth on the trot. Market capitalization dipped by…
Este artĂculo tambiĂ©n está disponible en español. Avalanche (AVAX) is trading around $25 after a 10% surge since last Thursday, as the broader crypto market shows signs of recovery. Bitcoin and most altcoins are trending up from their yearly lows, with AVAX at a critical price level that could shape its price action in the…
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…
Este artĂculo tambiĂ©n está disponible en español. Avalanche (AVAX) is gaining bullish momentum after days of uncertainty and fear in the market. Following a sharp decline, AVAX has surged more than 18% since hitting a low of $20.5 on September 6 and is now showing signs of strength as it flirts with higher prices. Related…
September 4, 2024 at 05:18 AM GST updated: September 3, 2024 at 01:18 PM 2 mins read News Avalanche(AVAX) The price distribution of AVAX/USDT has declined from the July highs of around $33.21 to about $22.48 at the time of writing. The Relative Strength Index (RSI) stands at 44.55, suggesting that AVAX remains within the…
Este artĂculo tambiĂ©n está disponible en español. Avalanche (AVAX) is currently trading at a crucial level after a 24% retrace that began last week. The crypto market is experiencing extreme fear and uncertainty, with most altcoins hovering near yearly lows. Analysts and investors closely monitor AVAX’s price action as the market remains volatile. Related Reading…
The cryptocurrency world is ever-expanding and intriguing. The realm is constantly producing new coins that are establishing new milestones with each passing day. With XRP and Cardano showing extraordinary potential in their budding Web3 anatomy, here are the top two coins cryptocurrency fans must stash to secure long-term gains. Also Read: ASEAN Currencies Hit Global…
Avalanche’s ecosystem saw a 23.5% trading volume increase in August, with ~53K traders active on the network. Trader Joe led the Avalanche ecosystem with ~$2 billion in traded volume and 27.9K active traders in August. In August, according to Flip Side, Avalanche had a significant increase in activity, with 763.7K deals across several decentralized exchanges…
August 30, 2024 at 01:40 PM GST updated: August 30, 2024 at 01:09 PM 2 mins read News Avalanche (AVAX) offers rapid transaction speeds and scalability with its unique consensus mechanism. Fantom (FTM) uses DAG technology for instant transactions and low fees, ideal for DeFi. Elrond (EGLD) enhances scalability and security with adaptive sharding and…
HashKey’s strategic listing of AVAX and LINK enhances retail investors’ options in Hong Kong. HashKey’s partnership with Catizen boosts global Web3 gaming, focusing on Ton’s ecosystem. HashKey Exchange, one of Hong Kong’s fully regulated cryptocurrency platforms, has made headlines once more after being approved to list Avalanche (AVAX) and Chainlink (LINK) for retail investors. This…
HashKey now lists AVAX and LINK for retail trading. The exchange previously only supported BTC and ETH. HashKey, a licensed cryptocurrency exchange in Hong Kong, has announced the expansion of its asset offerings for retail investors. The exchange received approval to list Avalanche (AVAX) and Chainlink (LINK), allowing retail trading of these tokens in both…
Franklin Templeton, one of the largest global investment managers, has launched its Franklin OnChain U.S. Government Money Fund on Avalanche. This expansion marks the fund’s third blockchain network integration, following earlier launches on Stellar and Polygon POS. The move aims to broaden access to tokenized U.S. treasuries, maintaining a stable $1 share price. Franklin Templeton…
Franklin Templeton’s $1.6T asset expansion into Avalanche’s blockchain signals institutional confidence, boosting AVAX’s bullish momentum. The launch of AUSD on Avalanche strengthens the network’s ecosystem, increasing its attractiveness and potential for an AVAX price surge. Avalanche (AVAX) was one of the Top 7 Hottest Crypto Picks for 2024, as CNF previously highlighted. On Thursday, AVAX…
Grayscale Investments has launched a new investment trust focused on the Avalanche AVAX token. The trust aims to provide more investors with exposure to the Avalanche cryptocurrency. It is now open for daily subscriptions and works similarly to other Grayscale asset funds like its Bitcoin and Ethereum trusts. “The launch of Grayscale Avalanche Trust highlights…
Avalanche’s AVAX token surged nearly 7% to around $25 following the announcement that major institutional firms — Grayscale and Franklin Templeton — were expanding their products to the blockchain network’s ecosystem. The price increase helped reverse the recent downtrend for AVAX, which has fallen 20% over the past month amid broader market stagnation. Despite the recovery,…
Avalanche (AVAX) has needed help recovering its losses in this volatile crypto market. Compared to other Layer-1 (L1) blockchains, AVAX consolidation could have been faster, raising concerns about its future performance. Related Reading Despite this uncertainty, recent price action shows AVAX consolidation above the $19.80 support, trading at $22.11 when writing and creating a positive…
AVAX trades in an ascending channel since August 6, up 5% from August 5 lows. Bullish indicators include positive MACD crossover and funding rates. Conflicting signals from RSI and CMF suggest potential limitations to upward momentum. Avalanche (AVAX) is moving through an ascending channel formation. This price pattern, which emerged on August 6 following a…