AVAX price rallies after Avalanche development incentive and mainnet upgrade announcement
A $40 million developer incentive and upcoming mainnet upgrade translated to price upside for AVAX. Go to Source
AVAX
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Solana TVL declines, but will SOL price react negatively?
SOL recently rallied to $152 but will a decline in Solana’s network TVL negatively impact the altcoin’s price? Go to Source
Avalanche Set For Major Upgrade With Avalanche 9000, Gaining Investor Attention
Avalanche ($AVAX) has recently been in the spotlight, with Franklin Templeton adding the token to its blockchain fund and Grayscale Investments launching an Avalanche Trust. As a Layer 1 blockchain network, Avalanche, which launched in May 2019 and went live on mainnet in September 2021, is preparing for its most significant upgrade yet—Avalanche 9000. Avalanche … Read more
Is it time for Avalanche (AVAX) price to turn bullish?
Avalanche price gained 16%+ in the last week, but are positive media headlines enough to sustain the AVAX rally? Go to Source
AVAX’s Rollercoaster Ride: A Surge, A Correction, And What’s Next
At the end of 2023, AVAX experienced a dramatic surge, skyrocketing from $9 to $44 in just two months. However, the price has since settled around $20, a level that previously served as resistance. Currently, there’s little on-chain resistance to hinder AVAX’s price movement, leaving its trajectory largely dependent on broader market sentiment. At the … Read more
Ava Labs COO’s X account suspected as hacked after posting memecoin
The X account of Ava Labs’ operating chief, Luigi D’Onorio DeMeo, has been touting memecoins and other suspicious links, prompting many to warn it’s likely a phishing scam. Go to Source
Avalanche Reports Robust Growth In Q2 2024 Financial And Network Metrics
Avalanche has reported impressive growth in its Q2 2024 financial and network metrics, signaling strong performance and adoption. During this quarter, Avalanche’s fees and revenue totaled $3.5 million, reflecting the platform’s increasing utility and engagement. Meanwhile, AVAX trading volume surged to $42.5 billion, marking a remarkable 165% increase compared to the same period last year. … Read more
Ethereum DApp volume surges by 83%, but there could be a catch
Ethereum network volumes have soared, but a single decentralized application accounted for 59.5% of the entire network’s volume. Go to Source
Chainlink Data Streams Activate on Avalanche Blockchain With GMX Integration
Chainlink, a decentralized computing and oracle protocol, Avalanche, known for its layer one (L1) blockchain technology, and GMX, a notable decentralized exchange, have launched Chainlink Data Streams on the Avalanche blockchain. Chainlink, Avalanche, GMX Launch Data Streams on Avalanche Blockchain In communications shared with Bitcoin.com News by the three teams, the announcement notes that Chainlink … Read more
Millions in Bitcoin Withdrawn After 1.96 Million AVAX Transferred to Exchanges: Zachxbt
Onchain detective Zachxbt reported that an entity moved 1.96 million avalanche (AVAX) to various exchanges and subsequently withdrew millions in bitcoin (BTC) after the transaction. As of 8 a.m. EDT today, AVAX has declined almost 10% in the last 24 hours. AVAX Declines Amid Onchain Analyst’s Discovery of Major Transfers Zachxbt, a well-known onchain analyst, … Read more
