Avalanche

Decoding ‘State of Avalanche Q4’ report for long-term AVAX holders

Avalanche’s daily activity was impacted by native projects. The NFT market underperformed. According to a report provided by Messari, projects on Avalanche observed significant improvements in Q4 of the previous year. These improvements had a significant impact on the daily activity of Avalanche, leading to a rise in overall interest in the protocol. One of […]

Avalanche [AVAX] confirms plans to host a new stablecoin called USP

Avalanche to add the USP stablecoin into its list of offerings. The battle between AVAX bulls and bears intensifies as sell pressure threatens to erase recent gains. The crypto market just concluded an interesting week marked by an extension of the bullish momentum at the start of this year. Avalanche just made things more enjoyable […]

Avalanche investors could be disoriented as AVAX exhibits these signs

Avalanche DEXs reach new milestones in terms of deposit capacity NFTs, revenue, and minted NFTs on Avalanche decline while stakers on network witness a surge Avalanche, a decentralized finance (DeFi) platform, witnessed noteworthy growth in its decentralized exchange (DEX) market. This was due to the fact that the deposit capacity of GLP on Yeti Finance, […]

Avalanche [AVAX] doubles down on the NFT industry, here’s how

Avalanche’s latest announcements underscore a stronger focus on NFTs in 2023. AVAX bulls failed to yield a substantial upside in the short term. The Avalanche layer 1 blockchain recently announced interesting developments that may reveal more about what to expect in 2023. This includes a deeper focus on the NFT industry through strategic partnerships. Read […]

Avalanche sees positive moves from this DEX- Is it a trigger for an AVAX rally?

Trader Joe on Avalanche has been experiencing a decent performance in terms of its volume. A sustained rally by the DEX could potentially impact AVAX and the Avalanche ecosystem. Avalanche was successful in securing several important relationships during the preceding year. Despite these agreements, the native token of the company, AVAX, had not been able […]

Avalanche retests a $12 mid-December resistance: Can the bulls prevail?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Avalanche has made steady progress up the price charts over the past week. These gains could be undone over the next few days unless the bearish breaker was beaten. Bitcoin [BTC] climbed to $16.8k […]

Going long on AVAX? Here is the “but” to this possible trend reversal

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion A trend reversal could be possible if support at $10.86 holds AVAX bulls could target immediate resistance at $11.39 Avalanche [AVAX] fell over 25% from a high of $14.14 on 13 December to a […]

Avalanche’s DEX loses $12 million in hack; are AVAX holders next to be snowbound

Defrost Finance gets hacked and funds worth $12 million get stolen Avalanche’s TVL and revenue generated declines A DEX on the Avalanche network, known as Defrost Finance, was compromised by an attack from a hacker. According to data provided by PeckShield Inc, a crypto security analytics firm, the attacker was able to get away with […]

Avalanche: A hurdle exists at $11.94; investors could still take home a profit at…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion AVAX retested the $11.94 four times without a successful breakthrough  AVAX bears had more influence and could push the price down to $11.17 Avalanche [AVAX] has been in a downtrend since August 2022.  It […]

Staking AVAX from a crypto wallet could have its benefits this crypto season

Avalanche holders’ ability to stake AVAX through cold storage resulted in increased interest from stakers. However, its growth in the NFT and DeFi space continues to decline. BitGo’s latest announcement allowed AVAX holders to stake their tokens through cold storage. The announcement led to a rise in the number of stakers on the Avalanche network […]

These latest Avalanche developments can help AVAX climb up the ladder

Avalanche recently announced the launch of the mobile version of its Core Wallet. Avalanche’s latest developments have caused AVAX to rally by over 5% in the last 24 hours. Avalanche has recently started rolling out new features and forming new alliances to impact the ecosystem. Owners of AVAX have been forced to grasp onto hope […]

Avalanche and Alibaba partnership may have this effect on AVAX

Avalanche recently partnered with Alibaba Cloud to offer Node-as-a-Service. There will not be a need for a complex setup for validators with this partnership between Avalanche and Alibaba Cloud. AVAX price could see positive impacts as more validators onboard. Avalanche may have made the decisive move toward facilitating the widespread implementation of decentralization with their […]

Betting on AVAX’s short-term bullish MACD crossover? Read this first

AVAX posted a short-term bullish MACD crossover It faced key resistance at the 38.2% Fib level ($13.506387) and could see a decline to $13.4181897  A decline in positive sentiment and development activity could undermine the bulls’ upside momentum At press time, Avalanche [AVAX] was trading at $13.4713635 and appeared to be on the verge of […]

AVAX could witness an interrupted rally despite Avalanche opening its doors for…

Re Protocol will be building a decentralized insurance marketplace on Avalanche  A lack of support from the whales could cut short AVAX’s recent rally  Avalanche and many other top blockchains have been busy working towards long-term growth during the ongoing crypto winter. Organic growth is one of the key themes currently making rounds in the […]

Avalanche, Ethereum, and how BTC.b could trigger a rally for AVAX

Avalanche’s BTC.b witnessed a massive growth in supply But, Avalanche’s TVL witnessed a continued decline According to Data Analytics’ tweet on 2 December, the amount of Bitcoin Avalanche Bridged [BTC.b] on Avalanche [AVAX] surpassed that of the Ethereum network. This development suggested that users may have spotted new opportunities on the Avalanche network and have […]

Avalanche’s [AVAX] long-term outlook just got more promising after…

Avalanche experienced positive growth in transaction count. The developer activity metric just concluded in November with a sharp upside. 2022 has been a bearish month for AVAX and the rest of the crypto market in general. Despite this, Avalanche has achieved positive growth in other areas as highlighted in its latest update. Read Avalanche’s (AVAX) […]

Avalanche: Investors going short on AVAX can watch out for these levels

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Avalanche seemed primed for another plunge on the price charts A bounce toward $14 can not be discounted but can offer an opportunity for sellers Avalanche flipped its market structure from bullish to bearish […]

How prepared is Avalanche’s DeFi arsenal to take on increased demand

Avalanche has been highlighting its preparedness for more demand as self-custody gains popularity AVAX’s short-term demand still showing signs of low stimulation The DeFi space is heating up now that recent events have exposed cracks in the crypto-market’s centralized finance segment. Networks that have DeFi-centric developments are ideally positioned to leverage this shift, especially in […]

Avalanche nears a stiff zone of resistance but here is what the bulls will hope for

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The higher timeframe market structure was bearish for Avalanche The lower timeframe order blocks near significant levels suggested a short-term reversal could commence Avalanche has struggled in the markets in recent days. AVAX has slid […]

Avalanche’s growth in the GameFi space has this to say about AVAX’s future

Avalanche gameFi projects are still growing at a fast pace despite market disruptions AVAX sees a return of bullish momentum albeit in low volumes Avalanche has managed to keep itself in the news ever since it came into the blockchain fold. We have seen it evolve to support tokens and NFTs but it has not […]