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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.

Solana

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

Cardano

Bitcoin

Polkadot

Ethereum

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

ApeCoin

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...

Going ‘To Zero'—Panic Is Sweeping Crypto Markets, Hitting The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Solana, Terra's Luna And Avalanche

A popular crypto trader is cautioning digital asset investors about the fate of altcoins as the markets take a tumble to start the new week. The analyst known as Altcoin Sherpa follows up on a May 6th tweet where he warned that it could be “lights out” for many altcoins if certain price levels were […] The post Analyst Issues Solana and Avalanche Warnings, Says Traders Should Not Underestimate Altcoin Bear Market appeared first on The Daily Hodl.

Analyst Issues Solana and Avalanche Warnings, Says Traders Should Not Underestimate Altcoin Bear Market

Bitcoin﻿, ethereum and other major cryptocurrencies have suddenly crashed, wiping $400 billion from the combined crypto market since Friday...

Serious ‘Ripple' Warning After Massive $400 Billion Crypto Crash Suddenly Plunges Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Terra's Luna And Avalanche Into Free Fall

Bitcoin, ethereum and other major cryptocurrencies have fallen sharply, wiping around $200 billion from the crypto market in just a matter of days.

‘Extreme Fear' Crypto Crash Suddenly Wipes $200 Billion From The Price Of Bitcoin, Ethereum, BNB, XRP, Luna, Solana, Cardano And Avalanche

Avalanche's subnets give game creators more flexibility and can insulate them from wider network issues, John Wu tells Decrypt.

Why Avalanche is the Killer App for NFT Games: Ava Labs President

The chief strategy officer of $5 billion crypto asset manager CoinShares, Meltem Demirors, warned governments are going to try to ban bitcoin and other cryptocurrencies...

‘A De Facto Ban'—Serious Bitcoin Warning Issued As Price Crash Hits Ethereum, BNB, XRP, Luna, Solana, Cardano And Avalanche

Polygon

A popular crypto analyst and trader is warning that altcoins face more downward price pressure if the current support levels fail to hold. Pseudonymous trader Altcoin Sherpa tells his 174,900 Twitter followers that Solana (SOL), Polygon (MATIC), Avalanche (AVAX) and Terra (LUNA) are on the verge of losing their support levels. The analyst says that […] The post Top Trader Says Solana (SOL), Polygon (MATIC) and Two Ethereum Rivals in Massive Danger if Support Crumbles appeared first on The Daily Hodl.

Top Trader Says Solana (SOL), Polygon (MATIC) and Two Ethereum Rivals in Massive Danger if Support Crumbles

WAVES dropped by as much as 17% in today's session, as crypto markets as a whole traded mostly in the red. SOL and NEAR were two notable tokens to fall in today's session, with AVAX also falling by double digits today. WAVES WAVES dropped for a second consecutive session, as prices moved towards the long-term […]

Biggest Movers: WAVES Drops 17% as NEAR, SOL, and AVAX Also Take Double-Digit Hits on Friday

Everyone wants to take down Ethereum, the biggest blockchain network for smart contracts.

5 Biggest 'Ethereum Killers'

Bitcoin's struggle is by no means in isolation – the S&P 500 fell to a new record low for the year yesterday as investors brace for an aggressive rate hike at this week's FED meeting.

$100 Billion Crypto Crash Sends The Price Of Bitcoin, Ethereum, XRP, Luna, Solana, Cardano And Avalanche Into Free Fall

Issuer Valkyrie Investments has launched its second trust of 2022, an Avalanche-focused trust to join its family of crypto funds. The post Valkyrie launches new trust holding AVAX appeared first on The Block.

Valkyrie launches new trust holding AVAX

The investments firm has already lined up $25 million for the single-asset trust.

Valkyrie Launches Avalanche Trust for TradFi Exposure to AVAX Token

A panel of 36 industry experts has returned an ethereum price prediction of almost $5,800 by the end of 2022—more than double its current level of $2,800...

Huge 2022 Ethereum Price Prediction Comes With A Serious BNB, Solana, Cardano, Avalanche And Polkadot Warning

Algorand

ALGO was up by nearly 20% during today's trading session, following the news of a partnership with football's governing body, FIFA. NEAR and AVAX were also higher on Tuesday, with AVAX extending a recent bullish run. Algorand (ALGO) ALGO was one of Tuesday's big gainers, as it was announced that FIFA would be partnering up […]

Biggest Movers: ALGO Boosted by FIFA Partnership News, as AVAX and Near Rise Higher

Tortola, British Virgin Islands, 3rd May, 2022, Oraichain, a leading Artificial Intelligence-powered oracle and blockchain ecosystem supplier, has announced the launch of its Verifiable Random…

Oraichain Introduces First Fully On-Chain Verifiable Random Function For Avalanche Developers

A popular crypto analyst is giving forecasts for Ethereum (ETH), Avalanche (AVAX) and Polkadot (DOT) as the correction in the digital assets market continues. In a new video, pseudonymous analyst Cheds tells his 45,700 subscribers that leading smart contract platform Ethereum could plunge below the $2,000 level as the price of (BTC) threatens to keep […] The post Top Analyst Maps Out What's Ahead for Ethereum, Avalanche and Polkadot Amid Crypto Market Correction appeared first on The Daily Hodl.

News for Avalanche Crypto (AVAX)