Avalanche Price Steadies Above $22, Could Attempt To Touch $26
Avalanche price action has remained bearish on the chart at the time of writing. AVAX has maintained the price above its support line of $22. Right after the coin surged and revisited the $24 mark, it started to retrace on its chart. This is a price correction as Avalanche price showed appreciation over the last two weeks. At the moment Avalanche is witnessing a profit booking which has caused buying strength to fade away over the last few days. Incase Avalanche price manages to push above the $25 price zone, the bullish force might gain strength. Buyers can again find their way back to....
Related News
Avalanche price has shown bullish strength over the last 24 hours. It has been one of the few altcoins that have remained positive despite most altcoins losing value over the past day. In the past day alone, the altcoin has appreciated by close to 4%. In the last week, AVAX rallied over 16%. It is important that Avalanche continues to race upward for positive price action to remain in the market. The technical outlook for the coin showed that bulls were in complete control of the asset. Demand for the coin jumped north and buying strength kept registering northbound movement on the chart.....
Avalanche (AVAX) has recently spiked by as much as 11% in the past seven days, surpassing other leading cryptocurrencies. August shows a whopping 46 million transactions made on the Avalanche network Avalanche network busy with major developments and integrations 4-hour chart for AVAX shows bullish movement It is presumed that the recent developments on the Avalanche network helped immensely with the gains of AVAX. August registers roughly 46 million transactions made on the Avalanche network which is a relatively high number to begin with. Related Reading: Cosmos....
The price of Avalanche has slid significantly since the crypto asset’s all-time high as the token has dropped 83% in value since then. In a recent interview published on May 31, Avalanche co-founder, Emin Gün Sirer, discussed how bear market conditions have impacted cryptocurrencies like avalanche (AVAX). The Avalanche co-founder mentioned “macro conditions” and that “all asset prices—not just crypto but also equities—have gone down” in value.
Emin Gün Sirer: ‘Price Is Not Something That I’m Supremely Interested....
USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly on Avalanche’s C-Chain, saving on fees and eliminating the need for bridges to wrap this token.
Native USDC Support on Avalanche
Circle, the issuer of USDC, has announced the launch of its stablecoin on the Avalanche network. Circle expects this development to create new opportunities and....
BitMart, a premier global digital asset trading platform, announces a new integration with the Avalanche network and will support its ecosystem. AVAX, the native token of the Avalanche platform, will be listed on BitMart on July 26, 2021. Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has […]