Bitcoin and altcoins continue to be rocked by macroeconomic and geopolitical uncertainty, but data shows bulls continue to buy each dip.
Category: Avalanche
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Avalanche (AVAX) Price Surges Amidst Increased Activity And Governance Developments
Over the past 24 hours, the price of Avalanche (AVAX) has experienced a significant surge, climbing by more than 9%. This remarkable uptick in value coincides with a noteworthy development within the Avalanche ecosystem. According to data from Intotheblock, Avalanche has witnessed a substantial increase in the total volume of large transactions, reaching a staggering $329 million on Monday. The total volume of large transactions on Avalanche hit $329 million on Monday, the highest daily amount since December. This indicates increased activity of large holders.🔗https://t.co/uEam7LI5qY pic.twitter.com/6VAxo4V1j9 — IntoTheBlock (@intotheblock) March 13, 2024 This surge in large transactions suggests heightened activity
The post Avalanche (AVAX) Price Surges Amidst Increased Activity And Governance Developments appeared first on The Merkle News.
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A Close Look At The Phenomenal Avalanche’s AVAX Growth And Why You Need To Buy Into The Market Now
Avalanche (AVAX) has emerged as a standout performer in the crypto space, showcasing an exceptional 290% price surge throughout 2023. Also, this remarkable ascent is largely attributed to AVAX’s strategic collaborations with influential entities, including partnerships with Amazon Web Services, J.P. Morgan, and Apollo Global. Of course, these alliances underscore AVAX’s attractiveness to institutional players, contributing significantly to its upward trajectory. Furthermore, boasting a current market capitalization of 16.6 billion, AVAX has witnessed a cumulative growth of approximately 124% over the past 30 days. Thereby, outpacing several other prominent public chains. Impressively, its Total Value Locked (TVL) now stands at
The post A Close Look At The Phenomenal Avalanche’s AVAX Growth And Why You Need To Buy Into The Market Now appeared first on The Merkle News.
Price analysis 12/18: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, AVAX, DOGE
Bitcoin may remain under pressure for a few days, but a collapse is unlikely as traders are expected to buy the dips in anticipation of a spot Bitcoin ETF.
Daily gas spent on EVM inscriptions surges to record high of $8M
Bitcoin is not the only network getting clogged up with Ordinals inscriptions, with weekend activity on EVM chains also spiking.