Avalanche

AVAX partners with LINK; can the integration bring much-needed respite to both

The latest blockchain to witness some relief in this ongoing bear cycle happens to Avalanche [AVAX]. On 27 September, Avalanche Labs tweeted about its latest collaboration with Chainlink [LINK]. According to the post, Chainlink helped AVAX grow in the NFT, GameFI, and Defi sector. Given the current situation of the market, will this collaboration play out […]

Bitcoin and Crypto Defy Wall Street Meltdown With Strong Rally

Wall Street started the week in a correction mode with all three top U.S. indices correcting 1% on Monday, September 26. However, Bitcoin and the broader crypto market have made a surprising move northwards with the BTC price shooting past $20,000 levels. With the recent BTC move, more than $14 million in short liquidations have The post Bitcoin and Crypto Defy Wall Street Meltdown With Strong Rally appeared first on CoinGape.

Is Avalanche [AVAX] bull-rally imminent? Here are the possibilities

Avalanche [AVAX] has been making some noise in the crypto industry as several valuable developments have happened in its network lately. This has grabbed the attention of many traders. For instance, it was recently revealed that AVAX’s transaction count reached an all-time high of 3,916,369 transactions, including all subnets.  Moreover, the amount of gas used […]

Avalanche: Investors may want to watch out for AVAX after reading this

Avalanche [AVAX] developers recently pushed a new upgrade named AvalancheGo@v1.8.6. This version is backwards compatible with v1.8.0, which is optional but recommended by developers. Apart from the launch of this new update, several positive developments have happened in the AVAX community lately. These have added value to the blockchain. AVAX’s price also corresponded to those developments, […]

An ‘Avalanche’ of collaborations may act in favor of AVAX’s price, here’s how

Avalanche’s token AVAX witnessed a spike in the development activity in the last week. This was accompanied by a surge in their smart contract deployments. The spike in development activity could be attributed to AVAX’s upcoming collaborations that Avalanche may have thought through. However, that is not all as AVAX whales showed their support for […]

Buying AVAX could be risky in the next few days- Here’s why

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The previous trading day saw heavy losses across the board for both equities and crypto. Bitcoin [BTC] posted a 12% decline, and the S&P 500 also saw a 4.3% drop. This occurred on the back […]

Avalanche Coin Holds Recovery Opportunity With This Bullish Pattern

A V-top reversal from $30.5 resistance tumbled the Avalanche coin price to 0.786 Fibonacci retracement level at $18.2. The coin buyers obtained suitable floating at this level and triggered a 22% rally to $21.88. However, the recent sell-off in the crypto market offsets the AVAX price recovery and threatens further correction. Key points from Avalanche:  The post Avalanche Coin Holds Recovery Opportunity With This Bullish Pattern appeared first on CoinGape.

Will Avalanche [AVAX] retest the $19.5 level before offering further gains

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bitcoin [BTC] has broken above the $20.4k-$20.5k region which had rebuffed it a week or so ago. Over the weekend, reduced volume and heightened volatility could arise. In the short term, both Bitcoin and […]

A new ‘ATH’ for Avalanche and the effect that has on AVAX’s performance is…

Platypus, a leading stableswap on Avalanche, is going to introduce the ecosystem’s first voting gauges. This will allow vePTP token owners to vote on where emissions will be directed, while also collecting additional rewards. In fact, Avalanche claims that, “In our current DeFi landscape, where yield drives TVL & liquidity, this voting power is very […]

Can Avalanche reaching ATH in monthly transactions do some good for ailing AVAX

Avalanche [AVAX] has reached another milestone recently despite the drawdown from Jerome Powell. Ava Labs executive Patrick Sutton confirmed that Avalanche has reached an all-time high in monthly transactions. In his tweet, Sutton confirmed that Avalanche completed 32.7 million transactions in August with seven days to spare. A day later, the transactions had ramped up […]

Avalanche [AVAX] flips MATIC in this area to make investors lucky

Avalanche has continued to climb to the top despite market headwinds and bearish conditions in the last 12 months. Its market cap was slashed by roughly $2 billion in the last two weeks due to the bearish conditions but it is now attempting a comeback. Avalanche managed to flip MATIC in the last 24 hours, […]

GameFi slows down but Avalanche shows signs of resurgence- Here’s why

The latest data surrounding the GameFi industry has raised questions for Avalanche of late. According to DappRadar, GameFi addresses witnessed a significant rise to 1.5 million in the second half of 2021, then declined gradually to around one million. In retrospect, this is a much better performance as compared to DeFi address performance in the […]

Avalanche’s new milestone and what it could mean for investors

Ava Labs has been extremely occupied as of now after a recent activity spike on Avalanche. Reportedly, Avalanche’s daily gas use reached an all-time high (ATH). The amount of gas used by the Avalanche network can be considered as a purport for high activity levels. Furthermore, the spike in gas fee usage also signifies a […]

‘Exhausted’ AVAX may not follow the general trend; Instead, here’s what’s up

The first half of August brought good tidings for AVAX holders, as has been the case for most cryptocurrencies. However, the market is now about to enter the second half of the month, with AVAX already showing signs of a potential pullback. AVAX’s bulls demonstrated strong momentum in the first week of August. However, the […]

Where could Avalanche [AVAX] go with these developments

The Avalanche network in the late hours of 9 August reached a new milestone after it recorded an all-time high in daily transactions metric. It was accomplished when the metric crossed 1.51 million transactions. Interestingly, the previous all-time high (ATH) was observed just a day earlier. What’s more impressive is that the value of the […]

Signs of life? LINK’s dormant addresses could have this role to play now

LINK, the native token of the leading oracle network, Chainlink, has seen tremendous growth since the beginning of July. In fact, according to Santiment, the altcoin’s price has rallied by over 41% since 1 July. Since the end of June, the total percentage of the circulating supply of LINK in known exchanges has declined. Such […]

Harmony [ONE] investors need to know this fact before they sell

Harmony rose to prominence in the first quarter of 2022 before the infamous $100 million hack in the following quarter. The protocol was at hand to receive major losses in tandem with the broader cryptocurrency market. However, the pains suffered by Harmony totaled in both network and social metrics in light of the major hacking. […]

Avalanche [AVAX] traders could see buying opportunity in this zone

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bitcoin [BTC] has performed well on the charts over the past week, as it climbed from $19.1k to $23.5k to register gains of 22%. Ethereum [ETH], on the other hand, has done even better […]

Here’s what to expect from AVAX’s latest retest of this key level

AVAX bulls are finally showing signs of activity after a heavy sell-off post April. In fact, the cryptocurrency has demonstrated significant upside since it bottomed out in mid-June. However, that upside has been capped by the resistance near the $21-level. At the time of writing, AVAX seemed to be retesting this level. AVAX has been […]

What did Q2 have in store for DeFi’s market performance

In a newly published report, leading crypto-assets data provider CoinGecko found that the Decentralized Finance (DeFi) ecosystem registered a 76% decrease in market capitalization over the last quarter. Between April and June, while the entire cryptocurrency market was plagued by a full-on bear run, DeFi market capitalization declined from $142 million to $36 million. According […]