Avalanche

Layer 1 blockchains are having mixed fortunes in this crypto bull market. Where Bitcoin (BTC) and Solana (SOL) are powering higher,  certain other blockchains are still in the doldrums. $ADA and $AVAX are two of these. Can they go higher? How many layer 1s are needed? One question on whether layer 1 blockchain networks can be viable, is “how many do we need?”. It can be argued that layer 1s can specialise in various niches, and therefore remain valid. However,…

Avant Protocol is set to launch on Avalanche and will offer a platform for yield generation, reshaping DeFi in the crypto space. AVAX has recovered in the past 24 hours to post a 5% gain after losing nearly 20% last month, with longer-term holders increasing their positions. The Avalanche ecosystem continues to grow aggressively—in the past week, its total value locked (TVL) has shot up 10% to hit $816 million. Avant Protocol, the latest DeFi project on Avalanche, is hoping…

The post Avalanche and Polygon Vie for Top Spot as Rollblock Anticipates Unmatched Bullish Surge appeared first on Coinpedia Fintech News The crypto markets have been in a period of consolidation following Bitcoin’s recent dip to $53k. Established coins such as Avalanche (AVAX) and Polygon (MATIC) have both suffered losses as both compete for investor attention. Meanwhile, a new play-to-earn coin on Ethereum is set to grow exponentially in 2024 as it completes its presale. Rollblock ($RBLK) is a fully…

ContinuumDAO’s integration with the Avalanche ecosystem marks a significant milestone, leveraging Avalanche’s scalability and fast transaction finalization. The peer-to-peer node network, known as the Continuum, promises to play a pivotal role in web3 architecture by facilitating cross-chain functionality. In a major announcement on Thursday, July 11, the decentralized MPC network ContinuumDAO announced its integration with the Avalanche ecosystem, a smart contracts platform known for its infinite scalability and rapid transaction finalization. The integration of C3Caller into ContinuumDAO’s testnet represents a…

The post Chainlink and Avalanche Traders Are Rushing to Join the Most Viral Presale of This Year appeared first on Coinpedia Fintech News The cryptocurrency market is a constant dance of innovation and opportunity. Investors are always on the lookout for the next big thing, and it seems they might have found it in Algotech (ALGT). This project’s presale has become a viral sensation, attracting a wave of investors, with some even migrating from established players like Chainlink (LINK) and…

Avalanche (AVAX) gains attention with strong performance and new gaming partnerships. Spellborne MMORPG on Avalanche hits 100,000 sign-ups and plans a broader release. In the midst of the cryptocurrency market’s continued rebound, Avalanche (AVAX) has received major attention by ranking among the top ten best-gainer cryptocurrencies over the last 24 hours on CoinMarketCap. AVAX is currently trading at about $27.13, up 6.93%, with a transaction volume of $327.64 million over the period. Avalanche Network Boosted by Gaming and Protocol Integration…

After recently surpassing the $23.50 mark, the price of Avalanche (AVAX) has continued to show resilience moving higher with good momentum towards the $30.34 resistance level. This upward movement has signaled bullish sentiment among market participants and potential further gain for the crypto asset. As Avalanche continues to gain pace above $23.50, this article delves into providing an in-depth analysis of this recent price surge and its potential for further growth by examining current price actions and technical indicators focusing…

AVAX price is gaining pace above the $26.50 resistance. Avalanche could rise further if there is a clear move above the $27.75 resistance zone. AVAX price is moving higher from the $24.70 support zone against the US dollar. The price is trading above $26.50 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $26.50 on the hourly chart of the AVAX/USD pair (data source from Kraken). The pair could continue…

The post The Limelight Continues To Shine On Raboo As Avalanche And Solana Investors Take Notice! appeared first on Coinpedia Fintech News Avalanche (AVAX) and Solana (SOL) are two of the most popular cryptocurrencies in the market. They’ve had some of the largest gains in the industry over the last year and there seemed to be no slowing down until recently. Problems with both have led their investors to look for the next breakout token to add to their portfolios.…