Circle has launched its stablecoin USD Coin (USDC) on Avalanche. AVAX’s recent price surge looks to be unstoppable. Avalanche (AVAX) surges as the Avalanche blockchain network introduces USDC. As can be seen on the four-hour chart, the Avalanche price is up 11% for the day and is presently trading in
Terra claims to be a viable alternative to fiat currencies. Chainlink’s decentralized oracle network provides vital off-chain information. Let us look at the top 3 DeFi tokens based on volume in the past 24 hours. Terra (LUNA) To provide price-stable worldwide payments, Terra uses fiat-pegged stablecoins. With the price stability
Avalanche’s market valuation is expected to remain below Solana’s. Polygon has hosted an NFT marketplace that offers low costs for traders. In November, the crypto market saw a significant decline due to the rising inflation in the US market and the uncertainties surrounding Covid. On the other hand, Altcoins with
Cryptocurrencies aren’t the only recent victims. Avalanche’s AVAX token is down just 3% in the previous week. Black Friday was a bad day for the cryptocurrency market, with most major coins losing significant value. Cardano, Ripple, and Avalanche tokens were down around 7%, 9%, and 11%, respectively. Bitcoin plummeted 8%
Today Bitcoin and Ethereum dropped nearly 2% and 4%. SOL and AVAX, found to be the top gainers in the top 10 cryptos. Some of the top private banks are warning the customers invested in Crypto. The entire crypto market follows a bullish trend for the past few months. All
AVAX is rising in value as the DeFi ecosystem on Avalanche reaches new highs. Enjin (ENJ) is a blockchain-based gaming technology. The cryptocurrency market has had a wild ride this week, with Bitcoin (BTC) hitting lows not seen since mid-October. The Altseason suggests that current market circumstances are comparable to
The platform has set aside $200 million for DeFi and NFT research. Polygon has validated its integration with Wormhole. The year 2021 has witnessed unexpected crypto advances. The market cap of DeFi tokens, Meme tokens, Gaming protocols, and Metaverse projects grew substantially. New mysterious initiatives are anticipated to be launched
AVAX’s strong November start has pushed its stock above $80. RSI overbought, and a likely bearish twin high on the Awesome Oscillator. Avalanche tries to solve the blockchain trilemma states that blockchains cannot achieve adequate decentralization at scale. As is typically the case on Ethereum, this results in excessive gas
Once the neckline is challenged, the AVAX price may rebound over $80. The price is already testing the pattern’s neckline and may break shortly. The crypto industry is heating up as more crypto assets go out of their comfort zones. Bitcoin price hovers around $63,000, with domination in a downward
Avalanche’s first desktop wallet launched version 2.0. AVAX price will also hit its strong resistance level of $71 soon. we can also expect AVAX price may regain its lost position. A layer one blockchain that functions as a platform for decentralized applications (dApps) and custom blockchain networks is Avalanche. Recently,
