Avalanche

The popular meme-inspired cryptocurrency Shiba Inu ($SHIB) is experiencing a significant price decline, having lost around 19% of its value in the last seven days amid a wider cryptocurrency market correction. The drop has seen SHIB lose its position among the top 10 cryptocurrency by market capitalization. According to available data, SHIB currently has a […]

Kevin Sekniqi is a notable figure in the blockchain and cryptocurrency industry, recognized for his contributions as a co-founder and key executive at Ava Labs. Ava Labs is the company behind Avalanche, a blockchain platform known for its high throughput, low latency, and scalability, making it a popular choice for decentralized applications (dApps) and custom […]

What is Avalanche ($AVAX)? Avalanche is a blockchain platform known for its high throughput, low latency, and scalability. It’s designed to address some of the limitations of older blockchain platforms like Bitcoin and Ethereum, particularly regarding transaction speed, cost, and scalability. Here are some key features and aspects of Avalanche: High Throughput and Scalability: Avalanche […]

The Avalanche (AVAX) network has been outperforming the leading meme-inspired cryptocurrency by market capitalization Dogecoin (DOGE), to the point it has now become the ninth largest digital asset by the metric, with a $14.1 billion market cap. According to available market data, AVAX is up more than 44% over the past week to now trade […]

A popular crypto market analyst recently provided insights on the potential future movements of Avalanche (AVAX), an Ethereum competitor, along with updates on Bitcoin (BTC) and Chainlink (LINK). These insights, shared with nearly 200,000 followers on social media, offer a glimpse into the expected market trends for these cryptocurrencies. The analyst, known as Altcoin Sherpa, […]

On May 4, 2023, the team behind the smart contracts platform Avalanche ($AVAX) announced a game-changing collaboration with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group. As described by Binance Academy, Avalanche is an innovative blockchain solution that aims to enhance scalability without sacrificing speed or decentralization. The platform consists of three […]

The Avalanche ($AVAX) network is set to onboard up to 50 million new users into the cryptocurrency space through its recent partnership with Loco, a leading esports and live-streaming platform that’s building a suite of Web3 products through it. According to Avalanche’s recent announcement, Loco has recently raised $42 million in the “largest Series A […]

On Wednesday (11 January 2023), Ava Labs, the blockchain startup responsible for the research and development of smart contracts platform Avalanche ($AVAX), announced that Amazon would be using their platform to “bring scalable blockchain solutions to enterprises and governments.” Here is how Binance Academy describes Avalanche: “Avalanche attempts to improve scalability without compromising speed or decentralization. […]

Avalanche-based decentralized exchange (DEX) Trader Joe plans to deploy on Ethereum layer 2 (L2) scaling solution Arbitrum. According to Offchain Labs, the startup developing this popular Ethereum L2 scaling solution, Arbitrum is an “optimistic rollup” that offers the following the benefits: “Trustless security: security rooted in Ethereum, with any one party able to ensure correct Layer 2 […]

Two of the leading companies in the crypto space — CryptoCompare and Blockdaemon — announced on Wednesday (September 28) that they have joined forces to deliver a groundbreaking family of institutional-grade staking yield indices for five of the most popular proof-of-stake (PoS) assets, thereby enabling institutions to gain off-chain exposure to staking yield. The CryptoCompare […]

Anonymous organization “Crypto Leaks” alleges that Ava Labs, the blockchain startup responsible for the research and development of Avalanche ($AVAX), paid law firm Roche Freedman to sue competitors (such as Solana Labs). Crypto Leaks claims to be a group of “diehard blockchain enthusiasts” that wants to “contribute to the task of nudging our industry towards […]

On Monday (August 8), the daily transaction count for smart contracts platform Avalanche ($AVAX) hit a new all-time high: 1.38 million. Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is the first decentralized […]

The CEO of Ava Labs is predicting a wave of big name brands will “very shortly” be annoucing “some cool stuff” they will be doing on smart contract platform Avalanche ($AVAX). Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in […]

Michaël van de Poppe, a top cryptocurrency trader and a well-known analyst with a large following on social media, has revealed he believes numerous altcoins could soon surge up to 200% as bullish signs point to further upward price movement. In a series of tweets shared with van de Poppe’s over 619,000 followers on the […]

On Monday (July 25), Chipotle Mexican Grill, Inc. (NYSE: CMG) today announced the launch of a new interactive game called “Buy The Dip” that will give away more than $200,000 in $BTC, $ETH, $SOL, $AVAX, and $DOGE. According to Chipotle’s press release, “starting at 10am PT today, fans can access the ‘Buy The Dip’ game by visiting: www.chipotlebuythedip.xyz.” The game will […]

The price of Avalanche’s native $AVAX token has jumped over 9% to test the $20 mark after the Avalanche Bridge, which was launched last August to enable fast and secure transfers of Ethereum-based tokens to the Avalanche network, added Bitcoin ($BTC) support. According to a blog post, native Bitcoin can now be bridged onto Avalanche […]

Recently, the host of popular crypto analytics and market commentary show Coin Bureau shared his latest thoughts on $AVAX, the native token of  smart contracts platform Avalanche. Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. […]

As of 7:15 a.m. UTC on May 30, $ADA, $DOT, $AVAX, and $SHIB are leading the top 20 cryptoassets by market cap with double digit percentage again (vs USD) in the past 24-hour period. $SHIB is leading this group of four with a gain of 14.4%, and is followed by $ADA, $AVAX, and $DOT that […]

Crypto loans platform Binance Loans now allows $ADA and $AVAX — the native tokens of smart contract platforms Cardano and Avalanche respectively — to be used as staking collateral assets. On 26 July 2021, Binance published a blog post that explained what crypto loans and what their use cases are: “The fundamentals of crypto loans […]

Terra ($LUNA) has been seeing its market capitalization grow steadily over the last few months, to now be among the largest by market capitalization. Within the top 10, it recently surpassed Cardano ($ADA and Avalanche ($AVAX). According to available data, LUNA’s market capitalization is now standing at $33.5 billion after the cryptocurrency’s price rose nearly […]

Terraform Labs, the company responsible for the development of Terra, and the Luna foundation Guard (LFG), have purchased a combined $200 million worth of Avalanche ($AVAX) to bolster the reserves of Terra’s UST stablecoin. According to an announcement from Terraform Labs, it swapped $100 million worth of its native token LUNA for AVAX to “strategically […]

On Wednesday (April 6), Dr. Emin Gün Sirer, Co-Founder and CEO of Ava Labs, the Brooklyn-based startup behind Avalanche ($AVAX) expressed his admiration for smart contract platform Cardano’s peer review and formal verification based approach. His kind comments about Cardano were made when he replied to a tweet about an announcement Cardano Foundation made on April […]

A top cryptocurrency strategist that has gained a large following on social media after accurately calling bitcoin’s 2018 bear market bottom above $3,000, has revealed he sees decentralized finance protocol Aave pump in the near future, while also being bullish on Avalanche ($AVAX). In a series of tweets shared with his over 200,000 followers on […]

Ava Labs, the blockchain startup responsible for the research and development of smart contracts platform Avalanche has introduced Core, “a free, non-custodial wallet engineered specifically for applications on Avalanche, including subnets and the next generation of Web3 projects.”  What is Avalanche ($AVAX)? Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source […]

Coinbase Cloud, which “provides web3 APIs, services, and infrastructure to power the next generation of software builders”, is “launching a suite of blockchain infrastructure solutions and services for the growing Avalanche ecosystem.” What is Avalanche ($AVAX)? Below is a brief description of smart contracts platform Avalanche from its developer documentation: “Avalanche is an open-source platform for launching […]

On Tuesday (March 8), the Avalanche Foundation launched Avalanche Multiverse. What is Avalanche ($AVAX)? Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is the first decentralized smart contracts platform built for the scale […]

$AVAX, the native token of  smart contracts platform Avalanche, is coming soon to one of the world’s longest running crypto exchanges (as well Europe’s largest crypto exchange by trading volume). What is Avalanche ($AVAX)? Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for launching decentralized applications and enterprise […]

Cryptoasset investment products saw inflows totaling $109 million last week, with products tied to the flagship cryptocurrency Bitcoin seeing the lion’s share of those inflows. As for altcoins, Solana ($SOL) and Avalanche ($AVAX) investment products led the pack. According to CoinShares’ latest report, Bitcoin-related investment products saw $89 million worth of inflows, with the figure […]

Ethereum rival Avalanche ($AVAX) has seen the total value locked (TVL) on its decentralized finance applications surpass the $10 billion mark after a significant downtrend earlier this year amid a cryptocurrency market sell-off.  According to data from decentralized finance tracker DeFiLlama, the Avalanche network currently has around $10.57 billion in total value locked on it […]

Market analysis and crypto commentary show Coin Bureau says that one Ethereum competitor is poised to break into the top five by market capitalization.  Speaking in a recent YouTube video, Coin Bureau’s host “Guy” said that $AVAX, the native token of smart contracts platform Avalanche has a chance to compete with $ETH and become a top […]

John Wu, President of blockchain startup Ava Labs — which develops the software for the Avalanche ($AVAX) blockchain — made a number of interesting predictions for the crypto market in 2022. What is Avalanche ($AVAX)? Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain […]

Recently, FTX Co-Founder and CEO Sam Bankman-Fried (aka “SBF”) shared his thoughts on what he feels are two of the most promising blockchains (if we set aside Bitcoin and Ethereum) this year. According to his bio, before FTX, SBF was “a trader on Jane Street Capital’s international ETF desk”, where he “traded a variety of […]

Turkish electric vehicle (EV) maker Togg has announced a strategic partnership with Ava Labs to design and create smart contract-based services that are set to improve autonomous mobility and accelerate Togg’s Use-Case Mobility initiative. According to Cointelegraph, the partnership was first announced at the CES 2022 in Las Vegas. Ava Labs, a team dedicated to […]

Earlier today, Austin Barack, Principal (Venture & Liquid Investments) at CoinFund, explained why Fantom ($FTM) “should be on everyone’s list of key projects to watch” in 2022. CoinFund, which was founded in 2015 and is headquartered in New York City and Miami, has “evolved a combined venture, liquid, and cryptonative strategy to grow with an […]

It is no secret that smart contracts platform Avalanche has been having a great month, and this week $AVAX HODLers were rewarded with another bit of great news. What is Avalanche ($AVAX)? Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in […]

The native token of the Avalanche network, $AVAX, has started trading on cryptocurrency exchange Kraken, one of the largest cryptocurrency trading platforms in the world. The listing comes after AVAX’s price exploded this year and its adoption keeps on growing. In its listing announcement, Kraken detailed that AVAX will be tradable against the USD and […]

Cryptocurrency custody firm BitGo has revealed it will support the native token of the Avalanche network, $AVAX, as institutional interest in it keeps on growing. The move will allow BitGo clients including exchange Bitstamp and Bitbuy to offer AVAX to their users. As CoinDesk reports, the move comes after Bank of America analysts said that […]

Asset manager VanEck has listed two new crypto exchange-traded notes (ETNs) on the SIX Swiss Exchange, bringing the number of cryptocurrencies for which offers exchange-traded products (ETPs) to seven. In a press release issued on Wednesday (December 16), VanEck reminded us that it had already launched ETNs on Bitcoin ($BTC), Ethereum ($ETH), Polkadot ($DOT), Tron […]

Despite very difficult market conditions during the past few days, $AVAX has been enjoying bullish price action thanks to the arrival of Circle’s highly popular stablecoin USD Coin ($USDC) on Avalanche. What is Avalanche ($AVAX)? Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for launching decentralized applications and […]

According to a report published earlier today, Bank of America was recently singing the praises of smart contracts platform Avalanche in a research note for clients. What is Avalanche ($AVAX)? Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one […]

Shiba Inu ($SHIB), a meme-inspired cryptocurrency that saw its price explode earlier this year on a retail trading frenzy, has been added to the Avalanche Bridge, which will allow users to transfer their SHIB onto the Avalanche blockchain. According to an announcement published on Twitter, Shiba Inu is the first token of others that are […]

Search interest for Avalanche ($AVAX) has exploded to a new all-time high after the price of the cryptocurrency surged over 2,700% year-to-date, even after enduring a correction from a new high above $145 hit earlier this month. According to data from Google Trends, first shared Jay Kurahashi-Sofue, VP of Marketing at Ava Labs, search interest […]

The native token of the smart contract platform Avalanche ($AVAX) has been surging so far this year, to the point it’s now the 11th most valuable cryptoasset by market capitalization after surpassing the meme-inspired cryptocurrency Shiba Inu ($SHIB). According to a cryptocurrency analyst who called 2018’s bear market bottom, the price of the cryptocurrency may […]

$AVAX, the native token of smart contracts platform Avalanche, is having one hell of a weekend, overtakinghighly popular dog meme cryptocurrency Shiba Inu ($SHIB) to become the 11th most valuable cryptoasset by market cap. What is Avalanche ($AVAX)? Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for launching decentralized […]

On Saturday (November 20), the price of $AVAX, the native token of smart contracts platform Avalanche, recorded a new all-time high of $119.98 on crypto exchange Binance. What is Avalanche ($AVAX)? Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one […]

Roughly three months ago today, the Avalanche Foundation announced “Avalanche Rush”, “a $180M liquidity mining incentive program” aimed at bringing more applications and assets to the DeFi ecosystem of smart contracts platform Avalanche ($AVAX). What is Avalanche ($AVAX)? Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for […]

This article provides an overview of smart contracts platform Avalanche ($AVAX) price action, news, and commentary by influencers, analysts, traders, and investors as of Sunday (September 12). Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. […]

The host of popular crypto trading show Coin Bureau has updated followers on a realistic year-end price target for the smart contract platform Avalanche ($AVAX). Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. […]

BENQI, an algorithmic liquidity market protocol, managed $1 billion in assets only a few days after its launch. This achievement came after the platform launched on the 19th of August. The assets were drawn to its decentralized platform in the wake of the collaboration between BENQI and the Avalanche Foundation on running a joint liquidity […]