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 (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 altcoin market, which experienced a promising uptrend in the last quarter of 2023, is now grappling with a resurgence of bearish sentiments. Despite hitting impressive highs earlier in November, several top altcoins are now facing significant retracements, sparking fears among investors and traders. Ethereum, the leading altcoin, soared to
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
With the aid of Chainlink (LINK) functions, Avalanche (AVAX), a rapidly expanding blockchain platform, has announced that developers may integrate any web2 API into its platform. As a result of this ground-breaking advancement, more complex apps may be built that have direct access to data from the actual world. This
