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Avalanche (AVAX) DeFi TVL Rises Nearly 40% Following Octane Upgrade

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In a turbulent second quarter (Q2) for the cryptocurrency market, Avalanche (AVAX), a layer-1 blockchain platform frequently considered a competitor to Ethereum (ETH), reported a mixed bag of financial metrics. Avalanche Price Declines But User Engagement Soars A recent analysis from data firm Messari revealed that AVAX’s price fell 4.2% quarter-over-quarter, dropping from $18.77 to […]

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AVAX Ready For Range Breakout

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms

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Avalanche Bulls Eye Breakout, But Mid-Term Caution Clouds The View

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Crypto Analysis AI, in a recent update on X, highlighted that Avalanche (AVAX) is displaying mixed signals across multiple timeframes. While the short-term (1-hour) chart leans slightly bullish, the medium-term (4-hour) view suggests caution. Price action has recently tested resistance near $23.24 and is now consolidating between $22.80 and $23.00. Though the broader trend remains

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Is An XRP ETF Next After The Solana ETF Launch? Experts Answer

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure REX-Osprey’s Solana ETF launched on July 2, with SOL now the third crypto asset to have a spot ETF in the US after Bitcoin and Ethereum. Bloomberg analysts Eric Balchunas and James Seyffart have now suggested that an XRP ETF could be

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Chainlink oracle ‘malfunction’ sparks 0k in DeFi liquidations, reignites oracle debate

Chainlink oracle ‘malfunction’ sparks $500k in DeFi liquidations, reignites oracle debate

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A Chainlink price feed’s alleged malfunction led to more than $500,000 in liquidations on May 29, sparking fresh debate over the reliability of oracles in DeFi. According to reports, Chainlink’s price oracle for the deUSD stablecoin inaccurately reported its value at $1.03. The incorrect data triggered liquidations for users holding deUSD-denominated debt on Avalanche’s Euler

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FIFA To Build EVM Blockchain In Partnership With Avalanche

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Key Notes FIFA is working with Avalanche to build its own EVM blockchain to host future digital products. FIFA Collect will move from Algorand and Polygon to the new Avalanche-backed chain. Recent upgrades and growth on Avalanche have made it a good choice for FIFA’s new blockchain. The world football governing body, FIFA, is building

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Avalanche NFT Sales Hit 5-Month High — Is the Surge Real?

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Key Notes Avalanche recorded a 200,000% rally in its NFT sales. Total NFT sales reached five-month highs. Avalanche also recorded the most expensive NFT sale in 24 hours. Avalanche AVAX $21.65 24h volatility: 2.4% Market cap: $9.03 B Vol. 24h: $343.15 M is seeing an impressive rise in its non-fungible token sales volume, mainly coming

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AVAX Still Below 23 dollars – Here’s How It’s Preparing for the Bull Run

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Key Notes Active addresses on Avalanche reached a new all-time high of 1.95 million. MMORPG game MapleStory Universe likely brought a boost to the L1. BlackRock’s sBUIDL comes to the Euler protocol on Avalanche. Avalanche (AVAX) is gaining bullish momentum again, but with major catalysts from BlackRock and MapleStory this time. According to Wu Blockchain,

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Top Indicator Flashes A Buy Signal

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$AVAX Eyes Higher Low Formation After Week-Long Consolidation — Is a 22% Rally on the Table?

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Avalanche’s native token, $AVAX, has struggled to maintain momentum despite an 8.6% gain over the past week. Launched in September 2020 as a scalable alternative to Ethereum for decentralized applications (dApps) and smart contracts, Avalanche has become one of the top 15 cryptocurrencies globally, boasting a market capitalization exceeding $9.2 billion. $AVAX is down 1.2%

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