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Search Results for: avalanche

Avalanche’s Q4 Challenge: AVAX Battles $24 Support Amid Market Uncertainty

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 recovery in the current altcoin season. The token’s recent performance paints a concerning picture, with no movement in the last 24 hours and a more

October 28, 2024 1 min read

Avalanche Adoption Rises to 24% Amidst AVAX Bearish Sentiment

Avalanche (AVAX) is currently trading at $26.64, reflecting a 3.5% decline over the past 24 hours and a 4% drop over the week. Trading volume has also decreased by 13%, indicating a lack of momentum. Despite these recent setbacks, AVAX is witnessing a new adoption rate of 23.5%, with a

October 23, 2024 2 mins read

021 Doubles Down on Avalanche with Strategic Acquisition of Looty

021, a consumer-focused venture studio, has announced the strategic acquisition of Looty, a Web3 loyalty and rewards platform, just nine months after its inception. Launched in February 2024, Looty quickly became a key player on the Avalanche network, offering brands across various consumer-facing industries the ability to engage and reward

October 16, 2024 2 mins read

Avalanche to Buy Back 1.97M AVAX from Luna Foundation Guard

The Avalanche Foundation has successfully negotiated an agreement to repurchase 1.97 million AVAX tokens from the Luna Foundation Guard (LFG). This repurchase is significant, as it aims to reclaim tokens that were originally sold to LFG in April 2022. However, the deal is currently pending approval from the bankruptcy court

October 12, 2024 2 mins read

Littio Expands Dollar-Based Savings with OpenTrade Via Avalanche for LatAm users

Littio, a Colombian Neobank focusing on tackling the currency depreciation issue for Latin Americans via different dollar-based product offerings, has begun leveraging OpenTrade’s real-world asset (RWA)-backed yield vaults, or “Yield Pots,” via the Avalanche blockchain network. Littio provides clients with yield-bearing savings pots via OpenTrade, with returns guaranteed by US

October 10, 2024 3 mins read