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Avalanche

Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.

The Avalanche protocol was released by an anonymous group called Team Rocket in May of 2018. It was then developed by a group of Cornell researchers led by Emin Gun Sirer, who is now the founder and CEO of Ava Labs. 

The Avalanche Mainnet was launched in September 2020, when it also issued its native $AVAX token. 

Avalanche is an open, programmable smart contracts platform built to enable the launch of decentralized applications that are scalable and secure. 

Avalanche is designed with an emphasis on interoperability, meaning its infrastructure could be utilized by a multitude of blockchains that use $AVAX as the underlying token. 

$AVAX has a capped supply of 720 million tokens. The rate at which the maximum cap is reached is subject to governance of token holders. 360 million tokens were supplied at the genesis block, while the remaining 360 million are minted over time. 

Avalanche has gained traction with decentralized finance applications due to its high speeds and low costs. Total value locked (TVL) on the Avalanche ecosystem exceeds $13 billion as of Nov. 2021. It crossed $1 billion for the first time in late August 2021.


Avalanche's top DeFi protocols by TVL are Aave and Trader Joe. TVL represents the amount of assets being staked on a certain protocol.

Ethereum

Pseudonymous crypto trader Altcoin Sherpa is outlining his outlook on several altcoins amid this week's market volatility. The analyst tells his 176,300 Twitter followers the native token for smart contract platform Avalanche (AXAX) could see a good short-term trading opportunity soon, though he doesn't think the asset has hit its “macro bottom” quite yet. $AVAX: […] The post Here's What's Next for Ethereum and Two ETH Rivals, According to Top Crypto Analyst appeared first on The Daily Hodl.

Here's What's Next for Ethereum and Two ETH Rivals, According to Top Crypto Analyst

Cardano

Polygon

Popular crypto analyst Austin Arnold thinks four altcoins have the potential to do “very well” despite the ongoing bear market. The co-host of Altcoin Daily tells his 1.23 million YouTube subscribers he looks for five attributes when searching for good crypto assets to buy in a bear market. The five attributes are being well-funded, being […] The post Cardano, Avalanche and Two Additional Altcoins Have Potential To Perform Extremely Well in a Bear Market: Crypto Analyst appeared first on The Daily Hodl.

Cardano, Avalanche and Two Additional Altcoins Have Potential To Perform Extremely Well in a Bear Market: Crypto Analyst

Bitcoin

A bot with a reputation for profitability is revealing the latest results of a crypto portfolio survey taken on Real Vision Exchange. The Real Vision bot recently shared a bar graph illustrating how investors are currently most interested in leading crypto assets Bitcoin (BTC), Ethereum (ETH) as well as stablecoin USD Coin (USDC). “Latest results of the RealVision Exchange […] The post Bot Known for Outperforming Crypto Markets Reveals Portfolio Allocations As Bitcoin and Ethereum Rise appeared first on The Daily Hodl.

Bot Known for Outperforming Crypto Markets Reveals Portfolio Allocations As Bitcoin and Ethereum Rise

Solana

A popular crypto strategist says that rallies are on the horizon for two Ethereum (ETH) challengers, including Solana (SOL). Pseudonymous crypto analyst Pentoshi tells his 556,200 Twitter followers that he believes Solana is poised for a rally as traders get overly bearish on the smart contract platform while it hovers at a key support level. […] The post High Probability Rallies in Sight for Solana and One More Ethereum Rival, According to Top Analyst appeared first on The Daily Hodl.

High Probability Rallies in Sight for Solana and One More Ethereum Rival, According to Top Analyst

Polkadot

A top crypto analyst believes four Ethereum (ETH) competitors face a bleak future if Bitcoin (BTC) continues to fall. Pseudonymous trader Altcoin Sherpa tells his 176,100 Twitter followers that smart contract-enabled blockchains Solana (SOL), Avalanche (AVAX), Polkadot (DOT) and NEAR Protocol (NEAR) are all set to shed around 50% of their value from current prices […] The post Solana, Avalanche and Two Other Ethereum Rivals Could Crash 50% if Bitcoin Dives Lower, Warns Top Crypto Analyst appeared first on The Daily Hodl.

Solana, Avalanche and Two Other Ethereum Rivals Could Crash 50% if Bitcoin Dives Lower, Warns Top Crypto Analyst

ApeCoin

Is an Avalanche subnet the key to powering Yuga Labs' Otherside and the ApeCoin ecosystem? Ava Labs makes its case.

Why Ava Labs Wants the Bored Ape Metaverse and ApeCoin on Avalanche

BlockFi, a popular crypto lending platform, has slashed interest rates by half for some of the market's cryptos held by non-US clients. The post BlockFi halves interest rates for major cryptos Solana, Avalanche, Polygon appeared first on The Block.

BlockFi halves interest rates for major cryptos Solana, Avalanche, Polygon

Cosmos

AVAX was one of the biggest movers in crypto markets on Thursday, as prices fell by over 10%, hitting a two-week low in the process. ATOM was also trading in the red, with its value dropping by as much as 13% in the day. Avalanche (AVAX) AVAX was one of today's biggest losers, as prices […]

Biggest Movers: AVAX and ATOM Over 10% Lower on Thursday

Coinbase Wallet customers can now trade crypto assets on two new leading crypto networks. The self-custody wallet rolled out swaps for BNB Chain (BNB), formerly Binance Smart Chain, and Avalanche (AVAX) this week, adding to its existing support for Ethereum (ETH) and Polygon (MATIC). Coinbase Wallet says customers can swap thousands of tokens between the […] The post Coinbase Wallet Adds BNB Chain and Avalanche (AVAX) Support, Allows Users To Trade Thousands of Crypto Assets appeared first on The Daily Hodl.

Coinbase Wallet Adds BNB Chain and Avalanche (AVAX) Support, Allows Users To Trade Thousands of Crypto Assets

The Avalanche core team has made a proposal on the ApeCoin DAO forum that the Otherside metaverse should move to Avalanche. The post Avalanche proposes the Otherside metaverse should build its own subnet appeared first on The Block.

Avalanche proposes the Otherside metaverse should build its own subnet

A widely followed crypto strategist and trader believes that two of Ethereum's (ETH) biggest challengers are likely to pull off rallies in the coming weeks. Pseudoymous analyst Pentoshi tells his 553,200 Twitter followers that he's keeping a close watch on smart contract platforms Solana (SOL) and Avalanche (AVAX). According to the crypto analyst, both AVAX […] The post Two Ethereum Challengers Gearing Up for Rallies As Crypto Looks Turbo Bullish: Top Analyst appeared first on The Daily Hodl.

Two Ethereum Challengers Gearing Up for Rallies As Crypto Looks Turbo Bullish: Top Analyst

PRESS RELEASE. MetaOasis Wins the Double in Hackathon Competitions Three months ago, MetaOasis won the championship in Metaverse Alliance 2021 Global Metathon. Three months later, MetaOasis got the most votes and beat 112 competitors in the recent Avalanche Asia Hackathon. Therefore, MetaOasis will become the first project that wins the double in international hackathon competitions […]

MetaOasis AVAX Hackathon News Report

Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding L1 ecosystems that have built connections with Terra and its native assets are adjusting to a new reality as they contend with the fallout of UST's collapse This week, we take a look at Cosmos, Avalanche, and Solana

Layer by Layer Issue 31: Cosmos, Avalanche, and Solana

The popular Ethereum competitor Avalanche has plummeted more than 16% amid the crypto market's ongoing rout.

Avalanche Plummets Double-Digits as Crypto Meltdown Continues

A closely tracked crypto strategist is outlining what's in store for leading smart contract platform Ethereum and two ETH challengers, including Solana (SOL). In a new strategy session, pseudonymous analyst Cred says Ethereum might have printed a tradeable range provided that the bottom at $2,000 holds. “This might be our range for some time. Support […] The post Top Analyst Forecasts What's Ahead for Ethereum, Solana (SOL) and One More ETH Rival As Crypto Markets Bounce appeared first on The Daily Hodl.

Top Analyst Forecasts What's Ahead for Ethereum, Solana (SOL) and One More ETH Rival As Crypto Markets Bounce

A popular crypto analyst says that two Ethereum challengers could move hard and fast during the next bounce in digital asset markets.

Analyst Says Ethereum Rivals Solana (SOL) and Avalanche (AVAX) Could Rip Hard Next Bounce – Here Are His Targets

Aave

Global crypto markets are up over 2% during Tuesday's session, with AAVE and AVAX two of the biggest tokens to rise. Both of these cryptocurrencies rebounded from losses during yesterday's session, with AAVE trading as much 10% higher. Aave (AAVE) AAVE rebounded during Tuesday's trading session, as bulls returned to action after a recent three-day […]

Biggest Movers: AVAX Rebounds on Tuesday, AAVE up Over 10%

Avalanche is a platform for building powerful decentralized applications and custom blockchain implementations. Here's how it works.

What Is Avalanche Network (AVAX)? The 'Flexible' Ethereum Competitor

Terra

Traders are nervously watching the price of crypto lender Celsius' cel cryptocurrency which has collapsed by almost 70% over the last month as panicked sellers offload the coin...

The Next Luna And UST? Crypto Market Now Braced For Another Earthquake After Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Avalanche And Polkadot Price Crash

A popular crypto strategist and trader says he's keeping a close watch on two Ethereum challengers that he believes are poised to break out this week. Pseudonymous analyst Pentoshi tells his 547,800 Twitter followers that the crypto markets are flashing signs of bearish exhaustion, suggesting that bulls can ignite relief rallies. “Now we have all-time […] The post Two Ethereum Rivals Are Primed To Break Out This Week, According to Top Crypto Analyst appeared first on The Daily Hodl.

Two Ethereum Rivals Are Primed To Break Out This Week, According to Top Crypto Analyst

Following tweets from Terra founder Do Kwon, LUNA surged by over 1,500% on Saturday. However, with several exchanges halting deposits, only those who entered at the very bottom have seen these gains. This comes as AVAX and NEAR both fell by over 20%. Avalanche (AVAX) Although LUNA was undoubtedly today's biggest gainer, recent volatility and […]

Biggest Movers: LUNA Climbs 1,500% Following Do Kwon Tweets, While AVAX and NEAR Fall on Saturday

Bitcoin and cryptocurrencies have crashed further overnight, dropping to levels not seen since the crypto market began surging in late 2020...

$1 Trillion Crypto Meltdown—Huge Crash Wipes Out The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Solana, Terra's Luna And Avalanche

Shiba Inu

The crypto market is deep in the red today, and these coins have suffered some of the biggest losses outside of Terra.

Not Just Terra: ApeCoin, Avalanche, Solana, Shiba Inu All Down at Least 20% in Crypto Crash

Solana, NEAR and AVAX were all trading over 20% lower on Wednesday, as global crypto markets continued to fall on hump-day. The cryptocurrency market cap is currently down 6.35%, as traders continued to digest the recent crash in the price of LUNA and UST. Solana (SOL) Solana was down by over 20% during Wednesday's trading […]

Biggest Movers:  SOL, NEAR, and AVAX Drop More Than 20% Lower on Wednesday

Bitcoin﻿ and cryptocurrency markets have fallen sharply after the controversial algorithmic stablecoin TerraUSD (UST) dropped further from its dollar peg...

News for Avalanche Crypto (AVAX)