Avalanche (AVAX) has been one of the notable performers in the cryptocurrency market, recently reaching new heights and breaking into the top 15 cryptocurrencies. Despite the overall positive market sentiment and growing bullishness surrounding AVAX, the token faces critical challenges that could prevent its price from breaking out further.

Avalanche trades at $34.05, key levels in focus as whale activity and resistance zones heat up.

Avalanche's unique three-chain architecture and novel consensus mechanism makes it ideal for decentralized applications and digital asset creation. What is Avalanche? Avalanche is a decentralized layer one (L1) blockchain platform and ecosystem tailored for building decentralized applications (dapps), custom blockchains, and digital assets.

Avalanche (AVAX) has been on a phenomenal upward trend as overall market optimism has buoyed it. Recently, the token surpassed crucial resistance levels fueled by recent Federal Reserve rate cuts and Donald Trump's election victory.

TL;DR ZKsync has launched the recently approved Ignite program to promote DeFi liquidity on its network by distributing 325 million ZK tokens. Ignite aims to increase the total value locked (TVL) in the ZKsync ecosystem and reduce slippage in transactions to benefit both traders and liquidity providers.

The ZKsync initiative could revitalize DeFi activity, potentially reversing declining user engagement and transaction volumes across its network. The post ZKsync approves proposal to distribute 325 million ZK tokens to boost liquidity across chains appeared first on Crypto Briefing.

BlackRock announced on Wednesday that it is expanding its tokenized liquidity fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to operate on multiple blockchain platforms.

BlackRock has expanded its BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to five additional blockchains—Aptos, Arbitrum, Avalanche, Optimism, and Polygon—enhancing access to tokenized real-world assets and integrating with decentralized finance ecosystems. The post BlackRock's BUIDL Expands to Aptos, Arbitrum, Avalanche, Optimism and Polygon appeared first on Cryptonews.

Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company's on-chain money market fund, across five new blockchains.

The tokenized money market fund will launch on nearly half a dozen new blockchain networks.

Bitcoin is showing no signs of stopping its advance toward $100,000, and several altcoins look poised to follow.

BlackRock is expanding its tokenized fund — BUIDL — to multiple blockchains.

BUIDL currently leads the tokenized government securities market with $517 million in assets under management.

BlackRocks BUIDL fund now spans Aptos, Arbitrum, Avalanche, Optimism, and Polygon, enhancing access for digital asset investors. The post BlackRock expands BUIDL fund access across Aptos, Arbitrum, Avalanche, Optimism, and Polygon appeared first on Crypto Briefing.

American multinational investment company BlackRock Inc has broadened the supported platforms for the BUIDL product. Per the latest update, the product has now expanded to different layer-1 and 2 networks to boost its overall diversity.

AVAX price is down 12% in the last 24 hours after liquidity began flowing out of large caps and into mid-caps, causing projects like PNUT and DOGE to soar double-digit percentages. Nevertheless, market observers are still bullish on Avalanche, calling $130 the base.

Demand is surging for tokenized RWAs offering low-risk yield from Treasury bills.

The crypto market has achieved the $3 Trillion mark as the Bitcoin price approaches the $90,000 mark. Following this, top altcoins such as Avalanche have gained a significant uptrend in their valuation over the past few days.

With the integration of Avalanche, Orderly now supports seven blockchains, enhancing its footprint in the DeFi space.

Avalanche (AVAX) price has experienced a notable upswing recently, gaining momentum amid the broader crypto market's bullish trend. The cryptocurrency climbed past a key resistance level as the market reacted positively to recent events, including Donald Trump's election victory and the Federal Reserve's rate cuts.

Avalanche price rose and crossed an important resistance level as cryptocurrencies jumped following Donald Trump's election victory and Federal Reserve cuts. The AVAX token jumped to a high of $35.55, its hghestc swing since June 7. It has popped by 105% from its lowest level in August.

Avalanche (AVAX) has been on a strong upward trajectory, already surging 40% in recent weeks, and analysts believe the cryptocurrency may have room for even more growth. The digital asset is showing promising signs of continued bullish momentum, with technical indicators suggesting that AVAX could rally by as much as 35% in the near future.

The price of Avalanche (AVAX) is rebounding as it breaks above moving average lines.

Delta Protocol was exploited on Avalanche and Arbitrum, losing an estimated $4.8M, sent to five known addresses and to other DeFi pools.

Orderly Network, a cloud-based liquidity infrastructure platform, has announced its expansion onto Avalanche (AVAX), a platform powering decentralized applications (dApps) and custom blockchain networks, as reported to Finbold on Monday, November 11.

The DeFi liquidity protocol has already paused operations on Arbitrum and Avalanche blockchains as the team investigates the vulnerability.

AVAX price retraced 1% in the last 24 hours after soaring 32% in the last 7 days. Trading at $31.2, the price of AVAX sits at a crucial resistance level, which, if broken, could catapult the asset to previous yearly highs.

AVAX has already gained an impressive 40% and seems poised for more upside momentum.

Avalanche (AVAX) has surged over 40%, reaching a critical supply level that, if broken, could trigger a substantial rally. The recent surge has captured the attention of traders and investors who recognize the potential of Layer-1 blockchains as AVAX positions itself as a leading contender in the space.

Amid the ongoing bull run, recent data revealed that whales are now stepping into Avalanche (AVAX), indicating a potentially bullish signal. Currently, most cryptocurrencies are experiencing bullish breakouts, and with recent whale participation, it appears that AVAX may follow suit.

By recording 5 consecutive days of positive price action, the Avalanche price is on the verge of achieving the $30 mark. Notably, the 12th largest cryptocurrency by market cap has added ~20% this week, making this the first such bullish week since August.

This week, the cryptocurrency market saw a notable surge following a strong Republican victory in the U.S. elections, with Donald Trump securing a second term. Bitcoin (BTC) reached a fresh all-time high, climbing above $77,000 on Friday as renewed optimism flooded the market.

Avalanche (AVAX), a leading blockchain platform known for its speed and scalability, has seen an impressive 24% surge in price over the past two days. The cryptocurrency's recent rebound from the $22 mark has led to renewed optimism in the market, as it tests a critical support level at around $28.

Bitcoin hit a new all-time high at $77,000, boosting buying in several altcoins, which have also broken above their respective resistance levels.

Investors often monitor the buying patterns of crypto whales, as these large players can heavily influence market prices. The first week of November 2024 has been no exception, with whales funneling substantial funds into several altcoins.

AVAX has surged 24% over 48 hours to test the $28 price level, driven by increased whale activity and trading volume, while facing technical resistance and potential retracement risks due to a large liquidation pool at $26.73.

The Avalanche Foundation has successfully completed the repurchase of 1.97 million AVAX tokens from the now-defunct Luna Foundation Guard (LFG), an organization originally created by Terraform Labs to support the Terra blockchain ecosystem.

AVAX tests critical support as positive sentiment overwhelms retracement risks from liquidations leverage.

Avalanche price has crawled back in the past three days and was attempting to cross the 50-day moving average. AVAX, the thirteenth biggest cryptocurrency, was trading at $27.10, up from this week's low of $22.75.

Analysts expect AVAX to rally soon backed by several catalysts.

The Avalanche Foundation has finalized the repurchase of 1.97 million AVAX tokens previously held by the now-defunct Luna Foundation Guard (LFG). The post Avalanche Foundation Buys Back 1.97M AVAX Tokens from Luna Foundation Guard appeared first on Cryptonews.

Binance, one of the world's largest cryptocurrency exchanges, has issued a key notification regarding upcoming Tether (USDT) transfers across multiple networks.

The AVAX tokens were purchased for $100 million a month before the infamous Terra Luna collapse.

The AVAX tokens were purchased for $100 million a month before the infamous Terra Luna collapse.

The Avalanche Foundation has completed the repurchase of 1.97 million AVAX tokens from the Luna Foundation Guard, ending its association with the collapsed Terra blockchain.

A bankruptcy court has allowed the Avalanche Foundation to buy back 1.97 million AVAX tokens it sold to the defunct Luna Foundation Guard.

Crypto markets cheered Donald Trump's win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.

During Tuesday's trading session, the cryptocurrency market took a bullish turnaround as United States voters prepared to elect their 47th president. With the 2024 presidential election expected to act as a catalyst for a crypto bull run, a market analyst noted that Avalanche price rally mirrors its 2021 performance.