AVAX price is gaining pace above the $36.50 resistance. Avalanche could rise further if there is a clear move above the $40.00 resistance zone. AVAX price is moving higher from the $30.50 support zone against the US dollar. The price is trading above $35.00 and the 100 simple moving average (4 hours). There was a…
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Generally, the cryptocurrency market is bearish at the moment, with coins like Avalanche (AVAX), Ethereum, Litecoin, XRP, Solana, and others all caught in this trend. Currently, the price of AVAX is on a strong bearish move below the 100-day Moving Average (MA) and could continue in that direction for a while before retracing. Technical Indicators…
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On Friday, the Avalanche-based options protocol, Arrow Markets, unveiled its successful $4 million Series A fundraising initiative. The global project aiming to “revolutionize crypto options trading” garners support from prominent backers including Framework Ventures, Delphi Ventures, and the Avalanche Blizzard ecosystem fund. Crypto Options Platform Arrow Markets Bags $4M in Funding Arrow Markets, an options…
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Emin Gün Sirer, the co-founder of Avalanche blockchain, has sounded the alarm on deceptive trends infiltrating certain layer-2 (L2) solutions, posing risks to investors. In a recent post on X, Sirer expressed concerns about these “trash” projects while educating users about their common characteristics and red flags. Sirer believes that the rise of substandard L2 projects…
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The smart contracts platform Avalanche recently said it is collaborating with the Chinese payments giant Alipay to launch a Web3-enabled voucher program. The second phase will see the proof of concept being expanded to more than 100 million users from Southeast Asian countries. Web3-Enabled Vouchers Avalanche, a smart contracts platform, has said it is working…
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The Avalanche Foundation has disclosed the first set of community coins, also called meme coins, in which the institution has invested under its $100 million Culture Catalyst fund launched in 2022. Coq inu, gecko, kimbo, nochill, and tech are the first five currencies that are part of the foundation’s holdings, and more might be chosen…
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Developer-oriented layer-1 solution Avalanche price has seen its AVAX token soar +19% as Bitcoin pushes new highs. This article will provide an analysis of AVAX’s current price trends and look to see whether an innovative DEPIN crypto, eTukTuk, represents a more promising investment opportunity at this time. #Bitcoin is breaking new ATH and is in…
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Nexon, the South Korean video game developer, plans to launch a web3 version of MapleStory on the Avalanche blockchain, adding user-generated content and new gameplay mechanics. The official blog post by Avalanche detailed that this version, named MapleStory N, will enable players to design and share their own creations within the game. Set to be…
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The Avalanche blockchain has encountered a disruption due to a “stall in block finalization.” AVA Labs’ co-founder, Kevin Sekniqi, suggested that the problem might stem from a recent surge in inscriptions. Avalanche Hits Snag as Block Finalization Stall Disrupts Service Avalanche (AVAX) is grappling with a service interruption, echoing challenges previously seen on the Solana…
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In a recent development, the Avalanche (AVAX) C-Chain encountered a significant disruption in block production, leading to a halt for over one hour. The interruption, which affected the primary network, was observed through the Avascan browser, with the last transaction recorded at block 42046853 (19:13 UTC+8). Although other subnets experienced a slight delay, the primary…
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