Following the Federal Reserve’s recent interest rate decision, which was unchanged, the cryptocurrency market witnessed a pullback. Avalanche (AVAX) emerged as a standout player, displaying resilience amidst the decline observed across major cryptocurrencies. Over the past 24 hours, AVAX experienced a 6.37% increase in market value, coupled with a 61.69%
Staking is one of the most fundamental and essential elements of blockchain design. The process entails network users locking up a certain amount of their cryptocurrency holdings to support the blockchain’s operation. It’s how Proof of Stake (PoS) blockchains such as Avalanche are secured and entails validators being chosen to
Avalanche’s native token, AVAX, is poised on the brink of a significant milestone as it approaches the $50 level. The rapid ascent in AVAX’s price over the last 30 days has been nothing short of spectacular, catapulting from a low of $19.6 in November to a new yearly high of
Avalanche (AVAX) has surged by 13% in the last 24 hours to join the top 10 cryptocurrencies list by market value, defying the severe market reversal. The value of AVAX has doubled since the beginning of 2023, and it has gained 84.28% in the last week, as it regained the
The leading altcoin, Avalanche (AVAX), has soared by over 28% within the last 24 hours, reaching a high of $23.95, marking its peak in 15 months. This significant resurgence in Avalanche’s price has been due to a recent collaboration announcement between Onyx by JPMorgan and Apollo Global. This collaboration falls
In a tale of contrasting halves, the crypto market underwent a rollercoaster ride for the first three quarters of 2023, with a downturn that seemed unrelenting. However, the last quarter heralded a wave of optimism, as the market saw a resurgence in bullish sentiment. Notably, top coins like Bitcoin and
In a recent announcement, Stars Arena, Friend Tech’s Avalanche-based competitor, revealed a protocol attack that led to the loss of 266,103 AVAX tokens, or almost $2.88 million. Concerns regarding the security of smart contracts and the larger blockchain ecosystem have been raised. As a result of this shocking disclosure. Stars
As another victim of the bearish crypto market, the smart contract blockchain, Avalanche (AVAX) has been grappling with bearish pressure for over a month. Over the past 30 days, AVAX’s price has plummeted by 21.52%. It hit an all-time low of over two years at $9.997 on August 28. However,
Avalanche (AVAX), a smart contract blockchain platform, is all set to make a significant move in the crypto market. The Avalanche blockchain’s native token, AVAX, is scheduled for its next token unlock this week, which will increase the supply of tokens available in the market. Token Unlocks, the token analytics
Avalanche (AVAX), the Layer 1 blockchain protocol, is gaining momentum., as daily active users of AVAX have seen a significant surge, doubling compared to the average recorded in the past year. As per the information provided on Avalanche’s official site, the number of AVAX holders currently stands at 113,981. The
