Widely followed crypto trader Rekt Capital says that Ethereum (ETH) rival Avalanche (AVAX) is positioning itself for another big rally to new price targets. Rekt Capital tells his 514,000 followers on the social media platform X that AVAX has turned the $38.
The crypto market is buzzing with Avalanche (AVAX) establishing itself as one of the best-performing assets in recent weeks. With its value doubling in record time, AVAX has captured the attention of investors while also rekindling speculation about a potential prolonged rally.
As the altcoin market maintains its November bull rally, top tokens have added significant value to their respective portfolios over the last few days. Following this, the AVAX price has reclaimed the $40 mark and is on the path to recording a new 8-month high.
Avalanche (AVAX) has made a significant move, breaking above a crucial resistance level and soaring over 20% in less than 24 hours. This surge has reignited bullish sentiment among analysts and investors, who are now closely monitoring AVAX's potential to reach the key $50 mark in the coming days.
Avalanche surges 100% after key breakout. Can it sustain momentum and hit $60, or is a pullback coming?
Chainlink (LINK) is experiencing significant growth in the cryptocurrency sector, with a 20% increase in value in just one week and a potential change in its long-term trajectory. Related Reading: XRP Gains Momentum: Whale Activity Points To $15 Breakthrough For months, the cryptocurrency has been on a downward trajectory; however, it is currently exhibiting significant signs of recovery.
Chainlink price is experiencing a surge in bullish momentum, supported by the formation of an ascending triangle pattern. This technical structure signals potential price gains as LINK breaks through key resistance levels.
Avalanche price continued its strong rally as the crypto fear and greed index remained in the extreme greed zone. The AVAX token jumped to a high of $45, its highest level since April 12 and 158% above its lowest level in August.
Chainlink price has formed a rare bullish pattern, pointing to more gains in the coming weeks. LINK token jumped to $17 on Saturday, its third consecutive day of gains as the crypto fear and greed index remained in the extreme greed zone. It has jumped by 108% from its lowest level this year.
The bulls, institutions, and market participants have become highly optimistic about the crypto markets, and as a result, the tokens have begun their journey to their highs. After the Bitcoin price rally, the altcoins were expected to take over some momentum.
Bitcoin trades just a few hundred dollars from $100,000. What will altcoins do if the price milestone is hit?
Ethereum, Solana, and Avalanche are forming bullish price action and appear poised to follow bitcoin's surge.
Dogecoin hit its highest price in over a week, but other altcoins are seeing massive gains as Bitcoin approaches the $100,000 milestone.
After experiencing a notable upside rally in recent days, Avalanche's (AVAX) price action confirms that the rally is likely to continue in the coming days. This bullish outlook has attracted significant attention from traders and investors, leading to a record surge in Open Interest.
The Frosty protocol, developed by a16z crypto and Ava Labs, introduces robust liveness guarantees to the Avalanche blockchain's Snow family, addressing challenges posed by Byzantine adversaries.
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.
Chainlink (LINK) trades at $14.60 after recent uptrends saw it escaping a prolonged consolidation range. Meanwhile, the altcoin encountered resistance after hitting the $15.27 daily high. LINK rebounded to its press time levels after hitting a 24-hour low at $13.91, and a historical setup suggests a potential surge to $35 – a 139.
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.
As crypto grows, so does the list of complex terms to understand — like utility tokens.
Chainlink price is currently facing resistance after breaking out of an extended consolation zone. LINK price is down 2.1% in the last 24 hours and is trading at $14.71.
Chainlink, a blockchain service provider, is advancing Brazil's plans for a central bank digital currency (CBDC) by collaborating on the DREX pilot project alongside major players like Microsoft Brazil, Banco Inter, and 7COMm.
Experts believe the partnership sets a powerful precedent, showcasing the potential of decentralized tools in centralized financial systems.
Chainlink Labs, a blockchain oracle service provider, has joined forces with Microsoft Brazil and other industry players to work on the second phase of Brazil's central bank digital currency (CBDC) initiative, DREX.
Brazil's Central Bank has initiated phase two of its DREX digital currency pilot program, partnering with Microsoft, Chainlink, and other tech firms to test automated cross-border payments
The Central Bank of Brazil is partnering with Chainlink, Microsoft, and others to develop DREX, a new CBDC. DREX will specialize in cross-border trade rather than everyday use, incorporating artificial intelligence (AI) oracle technology.
The Central Bank of Brazil (BCB) is advancing its central bank digital currency (CBDC) framework initiative by collaborating with Banco Inter, Microsoft Brazil, 7COMm, and Chainlink, according to a Nov. 19 statement. The partnership aims to support trade finance solutions in the second phase of Brazil's DREX pilot program.
The Central Bank of Brazil (BCB) has selected decentralized oracles provider, Chainlink, as one of the partners for its digital currency pilot, DREX. According to the announcement, the apex bank also selected Banco Inter, Microsoft Brazil, and 7COMm.
Chainlink's breakout from a descending channel ignites hopes for a surge to $23.
Blockchain oracle service provider Chainlink (LINK) is working on a pilot project for Brazil's proposed central bank digital currency (CBDC) called DREX with Microsoft and other firms in the country.
Phase two of Brazil's Drex CBDC pilot launches.
World Liberty Financial (WLF) aims to achieve its aim of launching the next wave of broad defi adoption through the security and dependability of Chainlink.
World Liberty Financial, a decentralized finance platform backed by President-elect Donald Trump, has partnered with Chainlink to integrate real-time data feeds.
Donald Trump backed the decentralized finance (DeFi) project, World Liberty Financial (WLFI) said it would integrate Oracle Chainlink for on-chain data and cross-chain interoperability. In an official announcement, the protocol said that tapping Chainlink technology will allow its project to better integrate with the crypto ecosystem.
World Liberty Financial collaborates with Chainlink to secure its DeFi ecosystem with robust data feeds, cross-chain compatibility, and governance tools. This partnership underlines WLFI's focus on enhancing DeFi's reliability and utility. The post Trump's World Liberty Financial Adopts Chainlink for DeFi Expansion appeared first on Cryptonews.
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.
The WLFI protocol will first integrate with Chainlink price feeds on the Ethereum mainnet to enable the launch of its World Liberty Financial Aave V3 instance soon.
World Liberty Financial's WLFI token is only available to accredited investors inside the United States and non-US residents.
The strategic alliance between WLFI and Chainlink aims to redefine security and interoperability in the world of decentralized finance.
World Liberty Financial integrated Chainlink for secure, reliable on-chain data and cross-chain interoperability as it prepares to launch on Aave v3.
Donald Trump's World Liberty Financial (WLFI) has partnered with Chainlink to help secure its DeFi ecosystem. The DeFi protocol will adopt Chainlink's standard for on-chain data and cross-chain interoperability to help ensure a successful launch.
World Liberty Financial (WLFI), a DeFi project backed by US President-elect Donald Trump, has partnered with Chainlink to accelerate DeFi adoption. This new alliance, announced on Nov. 14, names Chainlink as WLFI's primary provider for on-chain data and cross-chain connectivity.
TL;DR World Liberty Financial (WLFI) integrates the Chainlink standard to ensure security and connectivity in the DeFi network. The integration will support the launch of WLFI's Aave v3 instance on the Ethereum mainnet. WLFI seeks to democratize access to decentralized finance by promoting the use of dollar-backed stablecoins.
Trump-associated World Liberty Financial has selected Chainlink for data feeds integration to support Aave v3.
"I appreciate that they are approaching their launch with a strong focus on security,” said Chainlink co-founder Sergey Nazarov.
Chainlink will provide crucial pricing data and cross-chain interoperability infrastructure for the nascent DeFi platform.
The partnership could accelerate DeFi's integration with traditional finance, potentially reshaping global financial systems and privacy norms. The post Trump-backed World Liberty Financial taps Chainlink to drive mass DeFi adoption appeared first on Crypto Briefing.
World Liberty Financial (WLFI), a project inspired by Donald Trump's vision of financial independence, has announced its adoption of Chainlink's infrastructure.