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A new brand of crypto collectibles — similar to Bitcoin Ordinals — has apparently hit Avalanche, and it's responsible for more than 95% of its daily on-chain transactions.
The open interest for AVAX has been on a consistent rise over the last month, carrying the price of the altcoin along with it. The result of this continuous climb is the fact that the open interest has now surged to May 2022 levels, a development that could spell a massive rally for the price.
AVAX, the native token of the Avalanche blockchain, is spearheading a rally among Layer 1 alternatives to Ethereum.
Amidst the recent surge in the cryptocurrency market, the current moment presents an ideal opportunity to identify altcoins poised for substantial returns on investment in 2024.
JP Morgan's involvement is not only a vote of confidence in the platform but also has the potential to eclipse the entire current market capitalization of $AVAX.
Solana and Avalanche witnessed a rise in staking. Growth in the DeFi sector was observed for both chains even as price movement declined.
Republic Crypto, the fintech startup, has chosen to launch its Republic Note (R/Note) security token on Avalanche's blockchain. The digital asset represents a tokenized stablecoin profit-sharing security among investors participating in the company's venture portfolio.
Sustaining the strong comeback momentum, Avalanche sustains above the $20 mark over the weekend. With an overnight jump of 3.94%, the AVAX price heads to the overhead milestone of $25, teasing a new breakout rally.
Avalanche has been the best-looking chart among the layer-1's, which turned out to be among the best performers in recent times. The AVAX price soared with absolute perfection, jumping from the October low of around $8.77 to the November high of $24.69.
One of the best-performing crypto assets at the moment is the layer-1 blockchain Avalanche (AVAX). The token is outperforming its high-cap brethren for yet another day, but what is driving momentum?
As the altcoin market picks up speed, AVAX, the main cryptocurrency of the Avalanche ecosystem, is showing significant growth. In the past 24 hours, the AVAX price has surged by 8%, reaching $22.68, and its market cap stands at $8.03 billion.
As the altcoin market gains momentum once again, AVAX, the native cryptocurrency of the Avalanche ecosystem has been making strong moves. The AVAX price is up by 8% in the last 24 hours and is currently trading at $22.68 with a market cap of $8.03 billion.
Fintech startup Republic Crypto has announced its plans to launch a new tokenized security called R/Note on the Avalanche (AVAX) blockchain.
Avalanche will be in the spotlight this week as the next token unlock happens. The AVAX token jumped to a high of $24.15, the highest point since August 15th. It has also jumped by more than 165% from the lowest level this year.
On Friday, the market faced a bearish correction affecting all players, both large and small, in the crypto world, experiencing value losses and drops in volume. The market capitalization suffered a 2.36% decline and now stands at approximately $1.38 trillion.
In the ever-evolving landscape of cryptocurrencies, Avalanche (AVAX) and NEAR Protocol (NEAR) have emerged as frontrunners, astonishing the crypto world with their meteoric rise. Over the past week, both AVAX and NEAR have displayed staggering performances, outpacing even the giants of the industry like Bitcoin and Ethereum.
Solana has slowed right down, while Bitcoin is trading below the 18-month high of $37,000 per coin it blew past last week.
Avalanche (AVAX), the open-source blockchain platform, has recently announced a significant partnership with investment firm Republic. This collaboration has led to the creation of Republic Note, a revenue-sharing tokenized security designed to provide exposure to Republic's diverse portfolio of investments, including prominent Web3 firms such as Avalanche itself, DappRadar, and Dapper Labs.
Republic, a cutting-edge investment and technology organization, has recently made headlines by announcing its strategic decision to utilize the Avalanche blockchain network for its latest digital asset issuance. This move, a departure from more commonly used networks like Ethereum, marks a significant shift in digital securities and blockchain technology.
Trader Joe, a popular DEX on Avalanche, experienced a security threat. Even though the team was quick to resolve the issues, DEX volumes and prices were impacted.
In this report, CryptoSlate dives deep into Solana, Avalanche, and Cosmos, some of the market's leading layer-1 protocols.
Investment firm Republic will launch its new tokenized security on Avalanche Failing to react to the news, AVAX's price has declined by almost 15% in the past 24 hours. Leading open-sour The post What Avalanche's latest partnership means for AVAX prices appeared first on AMBCrypto.
Tech firm Republic has recently announced its mission to democratize private market investing, with the selection of Avalanche as the platform for launching its profit-sharing digital asset, the Republic Note (R/Note). The R/Note is a revenue-sharing digital security that is backed by Republic's private equity portfolio, which includes over 750 assets.
The crypto market was hot once again this week.
