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.

The AVAX token is beginning to gain some upside momentum despite a drop-off in DeFi activity.

Avalanche Bridge Launches Native Bitcoin Support; AVAX Surges 7.4%

The bridge will tokenize Bitcoin so it can be used on Avalanche's DeFi protocols. The post Avalanche introduces Bitcoin bridge as Core wallet feature appeared first on The Block.

Avalanche introduces Bitcoin bridge as Core wallet feature

Solana

A widely followed crypto strategist is outlining what's in store for Ethereum rivals Solana (SOL) and Avalanche (AVAX) as well as one under-the-radar altcoin. Pseudonymous analyst Altcoin Sherpa tells his 178,300 Twitter followers that smart contract platform Solana could be carving a local bottom after losing 90% of its value from the all-time high. “SOL: […] The post Here's What's Ahead for Solana, Avalanche and One Low-Cap Altcoin, According to Top Crypto Analyst appeared first on The Daily Hodl.

Here's What's Ahead for Solana, Avalanche and One Low-Cap Altcoin, According to Top Crypto Analyst

MKR was up by nearly 20% to start the week, as prices continued to move away from recent lows. AVAX was also in the green, as it climbed by over 10% on Monday, after hitting a ten-month low during the weekend. Maker (MKR) MKR was a notable mover to start the week, as prices climbed […]

Biggest Movers: MKR up 20% to Start the Week, Whilst AVAX Rebound Continues

Cardano

Ethereum

Polygon

A widely followed crypto strategist is unveiling his top altcoin picks amid the crypto pullback, which includes Ethereum (ETH) and three of its challengers. Michaël van de Poppe tells his 611,800 Twitter followers that he is positioned for huge rallies in smart contract platforms Ethereum, Cardano (ADA), Avalanche (AVAX) and Fantom (FTM), as well as […] The post Analyst Michaël van de Poppe Unveils Altcoin Picks, Says He's Bullish on Ethereum and Three ETH Rivals appeared first on The Daily Hodl.

Analyst Michaël van de Poppe Unveils Altcoin Picks, Says He's Bullish on Ethereum and Three ETH Rivals

June 17, 2022 – Hong Kong, Hong Kong NFT owners and traders alike have had their woes about NFT minting – it's not a fair mint to begin with. Most projects' minting method is off-chain, making it vulnerable to corruption and exploitation. Generated and stored NFT contents and metadata are off-chain, making them susceptible to data […] The post Platypus Finance Pioneers Unbiased NFT Minting on Avalanche appeared first on The Daily Hodl.

Platypus Finance Pioneers Unbiased NFT Minting on Avalanche

A privacy-focused scaling solution altcoin is scaling up after joining Coinbase's roster of crypto assets. In an announcement, Coinbase says Marlin (POND) is now live across its entire platform, including on the iOS and Android apps. News of the Coinbase listing has Marlin surging by 31% to $0.013. POND was trading for as low as […] The post Crypto Exchange Giant Coinbase Adds Three Ethereum (ETH) Altcoins Plus One DeFi Token, Spurring Surprise Rallies appeared first on The Daily Hodl.

Crypto Exchange Giant Coinbase Adds Three Ethereum (ETH) Altcoins Plus One DeFi Token, Spurring Surprise Rallies

NEAR Protocol

A closely followed crypto analyst says Solana (SOL) and Binance Coin (BNB) are the only digital assets he wants to hold amid market volatility. Pseudonymous trader Altcoin Sherpa tells his 177,500 Twitter followers that Solana will likely recover and that he sees good entry points for SOL between $15 and $25. “SOL: [in my opinion] […] The post Here's What's Next for Solana (SOL), Binance Coin (BNB) and Two Ethereum Rivals, According to Top Crypto Trader appeared first on The Daily Hodl.

Here's What's Next for Solana (SOL), Binance Coin (BNB) and Two Ethereum Rivals, According to Top Crypto Trader

The firms said operations will continue as usual as the crypto community assesses the fallout from speculation the crypto hedge fund failed to meet margin calls.

DeFiance, Avalanche, Dydx Distance Themselves From Three Arrows Capital Drama

A popular analyst is digging into the charts to set price targets for four crypto assets as the markets tumble. The pseudonymous trader known as Altcoin Sherpa tells his 177,300 Twitter followers that he's looking at leading smart contract platform Ethereum with one-week candles, and that the $500 to $800 range a possibility if ETH […] The post Here's How Low Ethereum, Solana, Avalanche and One Additional ETH Rival Will Go, According to Crypto Analyst appeared first on The Daily Hodl.

Here's How Low Ethereum, Solana, Avalanche and One Additional ETH Rival Will Go, According to Crypto Analyst

Algorand

AVAX and ALGO both fell by nearly 10% on Friday, following the release of the latest inflation figures in the United States. Data showed that inflation is currently at 8.6%, which is close to a 40-year high. Both AVAX and ALGO moved close to one-week lows on the news. Avalanche (AVAX) AVAX moved close to […]

Biggest Movers: AVAX, ALGO Among Crypto Losers as U.S. Inflation Hits 40-Year High

ApeCoin

Chainlink

A closely followed crypto analyst is giving his outlook for Solana (SOL), Avalanche (AVAX), Chainlink (LINK) and ApeCoin (APE) amid the uncertainties in the crypto market. Pseudonymous crypto trader Altcoin Sherpa tells his 176,500 Twitter followers Solana is bound to recoup its all-time high, but in the short term, SOL could go up by 25% […] The post Here's What's Next for Solana (SOL), Avalanche (AVAX), Chainlink (LINK) and ApeCoin (APE) According to Top Crypto Analyst appeared first on The Daily Hodl.

Here's What's Next for Solana (SOL), Avalanche (AVAX), Chainlink (LINK) and ApeCoin (APE) According to Top Crypto Analyst

Optimism

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

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

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

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

News for Avalanche Crypto (AVAX)