
AVAX Surges as Avalanche Powers Stablecoin Payments in Korea and Japan
Avalanche (AVAX) is steadily expanding its international presence and now operates in Asia, gaining momentum in both Korea and Japan with new stablecoin payment solutions. Related Reading: MoneyGram Taps Stablecoins To Shield Colombians From Peso Weakness The South Korean custodian BDACS recently launched KRW1, the country’s first Korean won–backed stablecoin, fully collateralized with deposits at […]
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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 collateral damage of Terra’s collapse could continue to impact Avalanche price, especially considering that the Luna Foundation Guard holds 1.97 million AVAX tokens. Avalanche (AVAX) has emerged as one of the worst-performing cryptocurrencies among the top-ranking tokens in the last 24 hours, partially due to fears connected to Terra (LUNA) and its a near-dead UST algorithmic stablecoin project.Avalanche price dips amid Terra's tax evasion FUDAVAX's price plunged by nearly 14% between May 18, where it traded near $35 to May 19 when the price dipped to $28.50. The dip coincided with a....
Avalanche rallied on Wednesday, as the token broke out of a key resistance level on its way towards a multi-month high. Crypto markets mostly rallied as the session progressed, following the release of the latest U.S. inflation numbers. Ethereum classic was one such token, as it moved closer to $40. Avalanche (AVAX) Avalanche (AVAX) was a big mover on Wednesday, as the token moved closer to its highest level since May. Following a low of $26.71 on Tuesday, AVAX/USD surged to an intraday peak of $30.00 earlier in today’s session. The move sees AVAX near Monday’s peak of....
Avalanche rallied to a four-week high on Friday, as prices moved close to a key resistance level. The token hit a ceiling of $17.70 earlier in today’s session, which comes following several days of gains. Dogecoin also maintained recent sentiment, as prices climbed for a fourth straight day. Avalanche (AVAX) Avalanche (AVAX) rose to a one-month high on Friday, closing in on a key resistance level in the process. Following a low of $16.83 on Thursday, AVAX/USD made a move to a peak of $17.70 earlier in today’s session. This surge in price sees AVAX hit its highest point since September 27,....
Cryptocurrency markets have started to recuperate from last week’s losses as bitcoin, ethereum, and a slew of digital assets have seen slight gains. However, the cryptocurrency avalanche has seen its value skyrocket this past week 46.9% higher over the last seven days. Avalanche has also crept into the top ten digital asset market valuations with its $31.5 billion market cap. On November 21, avalanche tapped an all-time price high at $144 per unit as the crypto asset has gained a whopping 3,795% in 12 months.
Avalanche Value Spikes Over 20% Over the Last 24 Hours
The....