Avalanche cryptocurrency shows strong potential for a 21% price rally to $25.15 if it breaks above the $21 resistance level amid increased whale activity.
AVAX's large transaction volume jumped by 169%, indicating strong interest from whales and institutions.
Two Layer 1s are gaining momentum again: Solana (SOL) is drawing bullish forecasts with a $143 price target, while Avalanche (AVAX) is showing early signs of recovery after reversing a bearish trend. Both tokens are reclaiming market attention as capital inflows rise and sentiment improves.
Avalanche's AVAX token has broken out of its multi-week correction phase, demonstrating remarkable strength despite ongoing geopolitical tensions affecting cryptocurrency markets.
TL;DR Ripple's RLUSD stablecoin debuts on Aave V3 with a $50 million supply cap, marking a major milestone in its entry into decentralized finance. Although initial usage is low, early market signals show growing interest.
The crypto market registered a notable uptick on Monday, getting off to a strong start to the new week. Price action remained subdued last weekend as Bitcoin (BTC) and other cryptocurrencies traded sideways.
The price of Avalanche (AVAX) is currently 20.42 USD, marking a slight daily decline of 0.79%, but with a weekly increase of 2.52%, according to CoinMarketCap data updated as of April 22, 2025. The recent performance of AVAX suggests a phase of consolidation, with contrasting signals between technical corrections and bull cues.
Ripple's dollar-pegged stablecoin RLUSD continues its push for adoption with its latest integration into Aave.
In the latest development within the Ripple ecosystem, the RLUSD stabecoin goes live on the Aave V3 Ethereum Core Market. Bolstering Ripple's entry into the stablecoin market, RLUSD gained new utility, allowing users to supply or borrow the coin.
Aave users can start supplying and borrowing Ripple's RLUSD stablecoin on the decentralized lending platform's V3 Ethereum Core market, Aave said in a Monday post on X.
Ripple's stablecoin, RLUSD, sees increased adoption with the latest integration on Aave V3's Ethereum market. The addition introduces streamlined lending and borrowing services for DeFi enthusiasts and institutions. The announcement shifted attention to native AAVE's performance, which signals impending rallies after breaking out of a descending wedge.
Ripple's ecosystem is seeing notable momentum, with XRP and its RLUSD stablecoin making major advances in the crypto market. Coinbase lists XRP futures On April 21, Coinbase introduced XRP futures contracts on its US derivatives platform.
The altcoins have been badly hit in this current bull market. Will Avalanche (AVAX), Toncoin (TON), and Kaspa (KAS) be able to recover?
Ripple's dollar-pegged stablecoin, RLUSD, has officially launched on the Aave V3 Ethereum Core Market. Users can now supply and borrow RLUSD, marking a new step in Ripple's entry into the decentralized finance (DeFi) space.
Ripple's RLUSD stablecoin goes live on Aave V3 with minimal activity, aiming to boost enterprise adoption and DeFi integration across platforms.
In January 2025, the crypto industry made massive donations to Trump's investment fund. A month later, the SEC miraculously dropped its lawsuits against those same donors.
The Avalanche ecosystem has grown significantly in the past year backed by institutional investors seeking to tokenize RWAs. AVAX price has already broken out of a multi-week correction phase, amid rising crypto bullish momentum.
Consensys, Solana and Uniswap quietly donated to the Trump's inauguration fund.
New filings from the Federal Election Commission (FEC) reveal that several cryptocurrency firms and their executives made significant contributions to US President Donald Trump's inauguration fund after the results of the 2024 election. According to FEC filings made public on April 20 by the Trump-Vance Inaugural Committee, Uniswap CEO Hayden Adams donated more than $245,000, Solana Labs donated $1 million, and software firm Consensys sent $100,000 in January 2025 to support the then-president-elect's inauguration.
New filings from the Federal Election Commission (FEC) reveal that several cryptocurrency firms and their executives made significant contributions to US President Donald Trump's inauguration fund after the results of the 2024 election. According to FEC filings made public on April 20 by the Trump-Vance Inaugural Committee, Uniswap CEO Hayden Adams donated more than $245,000, Solana Labs donated $1 million, and software firm Consensys sent $100,000 in January to support the then-president-elect's inauguration.
Hayden Adams, founder of Uniswap, believes that Solana is currently the best blockchain to scale decentralized finance (DeFi) at the layer 1 level. This stance reignites the debate on the limitations of Ethereum's modular model.
Uniswap Labs CEO Hayden Adams has voiced strong support for Solanas approach to decentralized finance (DeFi), calling it superior to Ethereums rollup-centric direction. In a recent statement, Adams praised Solanas better road map, team, and approach for building DeFi directly on a monolithic Layer 1 blockchain.
Uniswap founder Hayden Adams warns that Ethereum's heavy focus on Layer 1 scaling could let Solana overtake it in the DeFi race.
Uniswap Labs CEO Hayden Adams has opined that Solana has a "better roadmap, team, and approach" for developing decentralized finance (DeFi) directly on the monolithic layer-1.
As Solana continues its ascent, experts are not writing off Ethereum's chances to compete favorably in decentralized finance (DeFi). Uniswap founder Hayden Adams wants Ethereum to hone in on Layer 2 scaling to even the odds with Solana.
Uniswap's token has dropped to a crucial support level even as Unichain, its layer-2 network, continued its strong momentum. Uniswap (UNI) price dropped to $5.
Positive developments within AAVE's ecosystem could help the asset.
Bitcoin (BTC) has been trading in a tight range for a few days, but a minor positive is that the bulls have kept the price above $83,000. Usually, a low volatility period is followed by a range expansion, but it is difficult to predict the direction of the breakout with certainty.Cryptocurrency analysts remain bullish on Bitcoin's prospects because gold's rally in 2017 and 2020 was followed by a sharp rise in Bitcoin's price.
TL;DR Renewed investor interest in AI-related tokens has triggered strong price increases for assets like TAO (+14.19%), (+9.67%) and FIL (+6.47%). This surge is linked to Nvidia's recent visit to China and Bitcoin's current market stability.
The crypto market registered a marginal uptick over the past 24 hours, entering a period of relative calmness after witnessing considerable movement over the past week. The market cap dropped to $2.5 trillion before rising to $2.71 trillion and then correcting to the $2.65 trillion zone.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
DeFi lending protocol Aave has kickstarted its $1 million weekly token buybacks to reward stakers and boost token demand.
Ava Labs President John Wu discusses Avalanche's accomplishments in bringing TradFi and gaming enterprises onchain.
The platform isn't just resting on its early success. Aave has introduced new incentives to maintain its momentum.
The crypto market registered a substantial drop on Wednesday before recovering towards the end of the day after Federal Reserve Chair Jerome Powell flagged concerns about inflation and slowing growth due to tariffs. However, markets recovered as crypto remained strong in the face of adversity even though traditional stock markets took a beating.
The price of Avalanche (AVAX) has halted its fall above the $15 support.
AAVE's ecosystem upgrade could mark the beginning of a new wave of liquidity inflows.
Recent crypto whale metrics surrounding DeFi tokens have garnered immense investor optimism, suggesting that price gains for some coins are imminent despite the ongoing market uncertainty. Whale data on Thursday, April 17, indicated that large-scale investors stacked over $20 million in AAVE and UNI.
Solana, Cardano, and Avalanche are currently leading the cryptocurrency market losses, with each experiencing drops of over 5% in the past 24 hours.
Operation Avalanche showcased how the Secret Service worked across borders with Canadian law enforcement and blockchain analysts to disrupt a sophisticated $4.3M Ethereum phishing operation. The joint effort identified compromised wallets and alerted victims before additional assets could be stolen. The post Secret Service & Canada Target $4.3 M Ethereum Phishing Scam in “Operation Avalanche” appeared first on Cryptonews.
AI crypto tokens are facing renewed pressure after Nvidia warned of a massive financial hit due to new U.S. export restrictions on chip sales to China.
Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.Gold has been a clear winner during the current bout of macroeconomic uncertainty.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The altcoins underperformed relative to the broader market in today's trading, despite some encouraging recent news emerging for the Solana ecosystem.
Movement Labs and the Movement Network Foundation have launched a formal internal investigation into market maker misconduct surrounding their native token, MOVE.
Co-authored by Uniswap Labs and Across, this new standard aims to simplify how users trade assets across blockchains. This new token standard from Uniswap is designed to give everyone—from developers to everyday users—a smoother experience.
The crypto market's volatility continues, compounded by the absence of bullish signals from broader financial markets. While altcoins are becoming less dependent on external developments, they are increasingly relying on internal network progress to drive price movement.
The crypto market has registered a marginal increase as most cryptocurrencies, including Bitcoin (BTC), remained steady over the weekend. The crypto market cap currently sits at $2.69 trillion.