AVAX surged while other tokens plunged, with analysts pegging its outperformance on being relatively undervalued while forging new partnerships with JPMorgan and Citi.
Category: Avalanche network
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Friend.tech clone Stars Arena drives surge of activity on Avalanche
The price of AVAX has surged more than 8% amid heightened network activity brought about by Friend.tech look-alike Stars Arena.
Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network
Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493 bitcoins circulating on the Avalanche blockchain, while the Lightning Network holds 5,248 bitcoins. […]
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Largest Stablecoin by Market Cap Tether Launches on the Avalanche Network
The largest stablecoin by market capitalization, tether has announced the launch of tethers on the Avalanche blockchain protocol. The stablecoin tether has launched a myriad of blockchain networks and today there’s more than 74.8 billion tethers in circulation today. Tether Launches on Avalanche On Wednesday, Tether Operations Limited, the firm that issues the stablecoin asset […]
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