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Avalanche

Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.

The Avalanche protocol was released by an anonymous group called Team Rocket in May of 2018. It was then developed by a group of Cornell researchers led by Emin Gun Sirer, who is now the founder and CEO of Ava Labs. 

The Avalanche Mainnet was launched in September 2020, when it also issued its native $AVAX token. 

Avalanche is an open, programmable smart contracts platform built to enable the launch of decentralized applications that are scalable and secure. 

Avalanche is designed with an emphasis on interoperability, meaning its infrastructure could be utilized by a multitude of blockchains that use $AVAX as the underlying token. 

$AVAX has a capped supply of 720 million tokens. The rate at which the maximum cap is reached is subject to governance of token holders. 360 million tokens were supplied at the genesis block, while the remaining 360 million are minted over time. 

Avalanche has gained traction with decentralized finance applications due to its high speeds and low costs. Total value locked (TVL) on the Avalanche ecosystem exceeds $13 billion as of Nov. 2021. It crossed $1 billion for the first time in late August 2021.


Avalanche's top DeFi protocols by TVL are Aave and Trader Joe. TVL represents the amount of assets being staked on a certain protocol.

Solana

Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding The L2 scaling protocol Optimism has launched its native governance token as the team looks to attract further adoption of its network, but challenges with supporting infrastructure remain Avalanche and Solana have made progress on their own approaches to scaling, but they face the need to make additional technical advances before they can achieve sufficient stability at scale

Layer by Layer Issue 34: Optimism, Avalanche, and Solana

Ethereum

A closely tracked crypto strategist is mapping out high timeframe scenarios that will inspire bullish momentum in Ethereum (ETH) and two of its leading competitors. In a new strategy session, pseudonymous crypto analyst Cred says Ethereum is currently trading below crucial weekly support and bulls must reclaim it to have a shot at igniting a […] The post Here's What It Will Take for Ethereum, Solana and Avalanche To Spark Long-Awaited Rallies, According to Top Crypto Analyst appeared first on The Daily Hodl.

Here's What It Will Take for Ethereum, Solana and Avalanche To Spark Long-Awaited Rallies, According to Top Crypto Analyst

Cosmos

The Graph

Binance US is now offering crypto staking services and the firm details that seven digital currencies are currently available with annual percentage yields (APYs) up to 18%. Customers can earn yields on proof-of-stake (PoS) cryptocurrencies that include binance coin, solana, avalanche, livepeer, graph, cosmos, and audius. Binance US Adds Staking Services On Twitter, Binance US […]

Binance US Adds Staking Services for 7 Different Crypto Assets

The current top staking option offers APY as high as 18%.

Binance US Launches High-Yield Crypto Staking for Solana, Avalanche and More

A popular crypto analyst says a number of altcoins are due for “brutal” bear market rallies as digital assets consolidate well below their all-time highs.

Analyst Predicts Solana (SOL) and Additional Ethereum Rival Will Pull Off Unexpected Bear Market Rallies

The price of Avalanche has slid significantly since the crypto asset's all-time high as the token has dropped 83% in value since then. In a recent interview published on May 31, Avalanche co-founder, Emin Gün Sirer, discussed how bear market conditions have impacted cryptocurrencies like avalanche (AVAX). The Avalanche co-founder mentioned “macro conditions” and that […]

Avalanche Co-Founder Emin Gün Sirer Discusses Macro Conditions and AVAX Sliding in Value

The host of popular YouTube channel Coin Bureau is giving his outlook on Avalanche (AVAX) amid a bear market that he warns could last for another two years. In a new video, the closely followed crypto analyst known as Guy tells his 2.06 million YouTube subscribers that AVAX is doing well considering its big sell […] The post Coin Bureau Updates Outlook on Top Ethereum Rival Avalanche (AVAX) appeared first on The Daily Hodl.

Coin Bureau Updates Outlook on Top Ethereum Rival Avalanche (AVAX)

Pseudonymous crypto trader Altcoin Sherpa is outlining his outlook on several altcoins amid this week's market volatility. The analyst tells his 176,300 Twitter followers the native token for smart contract platform Avalanche (AXAX) could see a good short-term trading opportunity soon, though he doesn't think the asset has hit its “macro bottom” quite yet. $AVAX: […] The post Here's What's Next for Ethereum and Two ETH Rivals, According to Top Crypto Analyst appeared first on The Daily Hodl.

Here's What's Next for Ethereum and Two ETH Rivals, According to Top Crypto Analyst

Cardano

Polygon

Popular crypto analyst Austin Arnold thinks four altcoins have the potential to do “very well” despite the ongoing bear market. The co-host of Altcoin Daily tells his 1.23 million YouTube subscribers he looks for five attributes when searching for good crypto assets to buy in a bear market. The five attributes are being well-funded, being […] The post Cardano, Avalanche and Two Additional Altcoins Have Potential To Perform Extremely Well in a Bear Market: Crypto Analyst appeared first on The Daily Hodl.

Cardano, Avalanche and Two Additional Altcoins Have Potential To Perform Extremely Well in a Bear Market: Crypto Analyst

Bitcoin

A bot with a reputation for profitability is revealing the latest results of a crypto portfolio survey taken on Real Vision Exchange. The Real Vision bot recently shared a bar graph illustrating how investors are currently most interested in leading crypto assets Bitcoin (BTC), Ethereum (ETH) as well as stablecoin USD Coin (USDC). “Latest results of the RealVision Exchange […] The post Bot Known for Outperforming Crypto Markets Reveals Portfolio Allocations As Bitcoin and Ethereum Rise appeared first on The Daily Hodl.

Bot Known for Outperforming Crypto Markets Reveals Portfolio Allocations As Bitcoin and Ethereum Rise

A popular crypto strategist says that rallies are on the horizon for two Ethereum (ETH) challengers, including Solana (SOL). Pseudonymous crypto analyst Pentoshi tells his 556,200 Twitter followers that he believes Solana is poised for a rally as traders get overly bearish on the smart contract platform while it hovers at a key support level. […] The post High Probability Rallies in Sight for Solana and One More Ethereum Rival, According to Top Analyst appeared first on The Daily Hodl.

High Probability Rallies in Sight for Solana and One More Ethereum Rival, According to Top Analyst

Polkadot

A top crypto analyst believes four Ethereum (ETH) competitors face a bleak future if Bitcoin (BTC) continues to fall. Pseudonymous trader Altcoin Sherpa tells his 176,100 Twitter followers that smart contract-enabled blockchains Solana (SOL), Avalanche (AVAX), Polkadot (DOT) and NEAR Protocol (NEAR) are all set to shed around 50% of their value from current prices […] The post Solana, Avalanche and Two Other Ethereum Rivals Could Crash 50% if Bitcoin Dives Lower, Warns Top Crypto Analyst appeared first on The Daily Hodl.

Solana, Avalanche and Two Other Ethereum Rivals Could Crash 50% if Bitcoin Dives Lower, Warns Top Crypto Analyst

ApeCoin

Is an Avalanche subnet the key to powering Yuga Labs' Otherside and the ApeCoin ecosystem? Ava Labs makes its case.

Why Ava Labs Wants the Bored Ape Metaverse and ApeCoin on Avalanche

BlockFi, a popular crypto lending platform, has slashed interest rates by half for some of the market's cryptos held by non-US clients. The post BlockFi halves interest rates for major cryptos Solana, Avalanche, Polygon appeared first on The Block.

BlockFi halves interest rates for major cryptos Solana, Avalanche, Polygon

AVAX was one of the biggest movers in crypto markets on Thursday, as prices fell by over 10%, hitting a two-week low in the process. ATOM was also trading in the red, with its value dropping by as much as 13% in the day. Avalanche (AVAX) AVAX was one of today's biggest losers, as prices […]

Biggest Movers: AVAX and ATOM Over 10% Lower on Thursday

Coinbase Wallet customers can now trade crypto assets on two new leading crypto networks. The self-custody wallet rolled out swaps for BNB Chain (BNB), formerly Binance Smart Chain, and Avalanche (AVAX) this week, adding to its existing support for Ethereum (ETH) and Polygon (MATIC). Coinbase Wallet says customers can swap thousands of tokens between the […] The post Coinbase Wallet Adds BNB Chain and Avalanche (AVAX) Support, Allows Users To Trade Thousands of Crypto Assets appeared first on The Daily Hodl.

Coinbase Wallet Adds BNB Chain and Avalanche (AVAX) Support, Allows Users To Trade Thousands of Crypto Assets

The Avalanche core team has made a proposal on the ApeCoin DAO forum that the Otherside metaverse should move to Avalanche. The post Avalanche proposes the Otherside metaverse should build its own subnet appeared first on The Block.

Avalanche proposes the Otherside metaverse should build its own subnet

A widely followed crypto strategist and trader believes that two of Ethereum's (ETH) biggest challengers are likely to pull off rallies in the coming weeks. Pseudoymous analyst Pentoshi tells his 553,200 Twitter followers that he's keeping a close watch on smart contract platforms Solana (SOL) and Avalanche (AVAX). According to the crypto analyst, both AVAX […] The post Two Ethereum Challengers Gearing Up for Rallies As Crypto Looks Turbo Bullish: Top Analyst appeared first on The Daily Hodl.

Two Ethereum Challengers Gearing Up for Rallies As Crypto Looks Turbo Bullish: Top Analyst

PRESS RELEASE. MetaOasis Wins the Double in Hackathon Competitions Three months ago, MetaOasis won the championship in Metaverse Alliance 2021 Global Metathon. Three months later, MetaOasis got the most votes and beat 112 competitors in the recent Avalanche Asia Hackathon. Therefore, MetaOasis will become the first project that wins the double in international hackathon competitions […]

MetaOasis AVAX Hackathon News Report

Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding L1 ecosystems that have built connections with Terra and its native assets are adjusting to a new reality as they contend with the fallout of UST's collapse This week, we take a look at Cosmos, Avalanche, and Solana

Layer by Layer Issue 31: Cosmos, Avalanche, and Solana

The popular Ethereum competitor Avalanche has plummeted more than 16% amid the crypto market's ongoing rout.

Avalanche Plummets Double-Digits as Crypto Meltdown Continues

A closely tracked crypto strategist is outlining what's in store for leading smart contract platform Ethereum and two ETH challengers, including Solana (SOL). In a new strategy session, pseudonymous analyst Cred says Ethereum might have printed a tradeable range provided that the bottom at $2,000 holds. “This might be our range for some time. Support […] The post Top Analyst Forecasts What's Ahead for Ethereum, Solana (SOL) and One More ETH Rival As Crypto Markets Bounce appeared first on The Daily Hodl.

Top Analyst Forecasts What's Ahead for Ethereum, Solana (SOL) and One More ETH Rival As Crypto Markets Bounce

A popular crypto analyst says that two Ethereum challengers could move hard and fast during the next bounce in digital asset markets.

Analyst Says Ethereum Rivals Solana (SOL) and Avalanche (AVAX) Could Rip Hard Next Bounce – Here Are His Targets

Aave

Global crypto markets are up over 2% during Tuesday's session, with AAVE and AVAX two of the biggest tokens to rise. Both of these cryptocurrencies rebounded from losses during yesterday's session, with AAVE trading as much 10% higher. Aave (AAVE) AAVE rebounded during Tuesday's trading session, as bulls returned to action after a recent three-day […]

Biggest Movers: AVAX Rebounds on Tuesday, AAVE up Over 10%

Avalanche is a platform for building powerful decentralized applications and custom blockchain implementations. Here's how it works.

News for Avalanche Crypto (AVAX)