The Avalanche price has made a strong comeback in the past few days even as other cryptocurrencies struggle. AVAX is...
Avalanche
Avalanche is a blockchain platform that focuses on providing cheap, eco-friendly and high speeds to its users and is smart contract capable. It was launched in 2020 by Emin Gün Sirer.
Avalanche has steadily risen through the cryptocurrency ranks to become one of the top cryptos.
Avalanches native token is AVAX.
Avalanches main competition is Ethereum, as it strives to provide more services and capabilities compared to what Ethereum offers.
Avalanche comprises three separate chains that distribute the transaction volume, while Ethereum is made up of one chain that carries out all its functions.
Ethreum redistributes its transaction fees to its validators, unlike Avalanche who burn all of their transaction fees, decreasing the overall supply.
Is Avalanche a Good Investment?
Avalanche has robust characteristics that can potentially thrust it to the lead in the blockchain race. That said, it may have been introduced a bit too late because ETH2.0 is about to be launched and could fix the scalability and gas fees issues, Avalanche may not be unique. However, just like with all blockchains, no one can predict the future of any cryptocurrency.
How to trade Avalanche
Avalanche has recently gained popularity in terms of public attention and market cap, making it easier to purchase. FTX and Coinbase are exchanges that offer AVAX. It’s straightforward to open an account. Once that is done, the user can start trading within 24 hours.
Avalanche latest news
The Avalanche price has bounced back in the past few sessions as traders wait for the upcoming interest rate decision...
Although the AVAX Price has dropped 40% from the highs, it remains in a long-term bullish channel, but downside risks...
This article discusses the potential impact on the AVAX price following yesterday’s sharp reversal and poor technical close. Risk-off sentiment...
The AVAX price has gained almost 25% from Friday’s low, which could put Avalanche on track for an extension into...
After reaching a record $151 on Monday, the AVAX price quickly retreated 25% before bouncing from trend support this morning....
The Avalanche price exploded 80% in the last week, to a new all-time high, on hopes the blockchain will eat...
Avalanche has surged to new all-time highs above $100 on news of a partnership with Deloitte.
The Avalanche price action has become unpredictable after reaching the $100 milestone on Monday and is typical of 'price discovery' when an asset makes a new high. With the AVAX price close to its all-time high, this article highlights the significant technical levels to keep an eye on.
The Avalanche price has surged +50% so far in November and seems intent on achieving a triple-digit valuation. Avalanche (AVAX)is...