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Throughout the majority of the year, the Avalanche (AVAX) coin has seen a predominantly bearish trend. However, it has recently exhibited a noteworthy resurgence.
With the surge in Trader Joe's activity, AVAX's value, as well as the network's TVL, sees an increase.
Coinbase International Exchange is set to elevate its trading offerings with the imminent addition of support for Solana (SOL) and Avalanche (AVAX) perpetual futures (Solana and Avalanche futures) contracts on both Coinbase International Exchange and Coinbase Advanced.
AVAX Price Prediction: Under a bearish flag for the most part of 2023, the AVAX coin price brings a banger comeback. Rising more than 40% in the last three days, Avalanche performs exceptionally well in the altcoins sector.
Avalanche (AVAX) has had a relatively quiet second half of 2023 regarding price performance and ecosystem advancements. However, the token experienced a mesmerized turnaround towards the end of October, which has seen its value rise almost vertically in the past few weeks.
Avalanche's active addresses and transactions have been on the rise for several weeks How did this affect AVAX's price?
The 12% workforce slash suggests that around 40 persons have left the firm.
Ava Labs founder Emin Gün Sirer announced a strategic workforce reduction at the company on Nov. 6, citing the need to reallocate resources.
According to Ava Labs CEO Emin Gün Sirer, the cuts were necessary to restructure and reallocate resources in the ongoing crypto bear market.
A recent development in the cryptocurrency space involves Ava Labs, the company behind the Avalanche blockchain network, reducing a significant portion of its workforce. Reports confirm that the layoffs affected several employees within the company.
Ava Labs, the company behind the popular blockchain platform Avalanche (CRYPTO: AVAX), has announced a reorganization that resulted in a 12% reduction of its workforce. This move, detailed by Emin Gün Sirer, the founder and CEO of Ava Labs, is part of a broader strategy to harness the company's agility and increase its focus on expansion during a turbulent market period.
Ava Labs, the team developing the Avalanche blockchain, has announced a 12% reduction in its workforce, attributing the decision to strategically reallocating its resources. The firm's CEO and founder, Emin Gün Sirer, confirmed the layoffs on Nov.
Ava Labs is the latest company in the crypto industry to lay off a part of its staff.
Crypto startup Ava Labs, the company behind the Avalanche Blockchain Network has laid off 12% of its workforce on Monday, November 6. Ava Labs to Double Down on Company's Growth Emin Gün Sirer, the founder and CEO of Ava Labs, took to Twitter to announce that the company has decided to let go of 12%
According to several sources within the company, crypto startup Ava Labs, known for supporting the Avalanche blockchain network, has laid off a considerable number of staff.
Ava Labs CEO Emin Gün Sirer however stressed the firm is well-positioned with significant runway and resources at its disposal.
The staff cuts allow the Avalanche blockchain developer to "reallocate resources to double down on growth," its founder Emin Gün Sirer said.
The Ava Labs cuts, which occurred Monday, have reportedly impacted numerous teams including communications and marketing.
In the past 24 hours, the cryptocurrency Avalanche (AVAX) has seen a decrease in its price, as bears pushed it down from its highest point of $12.10 to an intra-day low of $11.51. If this negative sentiment persists and the crucial support level at $11.51 is breached, it could potentially open the door for further downward movement towards the next support level at $11.00.
SUI is kicks off November's token unlock calendar with a $15.9 million release.
Dive into the dynamic realms of Solana (SOL) and Avalanche (AVAX), examining their market technicalities and price trajectories. Our article provides a balanced forecast, exploring both optimistic and cautious outlooks for these prominent digital assets.
A popular cryptocurrency analyst is expressing a bullish outlook toward two of Ethereum's (ETH) biggest competitors. Pseudonymous crypto trader Altcoin Sherpa tells his 197,500 followers on the social media platform X that Solana (SOL) and Avalanche (AVAX) are both setting the stage for another leg up.
The liquidation levels heatmap of AVAX noted that a large amount of liquidity was present just below the $14 mark which lined up well with the HTF resistance at $13.9.
With a solid bullish reversal rally in Avalanche, the sellers fail to hold dominance over crucial levels, leading to breakout rallies. The AVAX coin prices take off from the $8.60 launchpad to give a phenomenal return of 40% to reach the $12 mark.
