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🌟 Major Token Unlocks Across Blockchain Projects – Market Insights & Predictions 🌟
🔹 Solana (SOL)
Unlock Volume: 490,740 tokens valued at $88.20M.
Supply Impact: Represents only 0.10% of SOL’s total supply, minimizing potential market disruption.
Prediction: SOL is expected to remain stable, ranging between $18 - $22 in the short term, with potential upward momentum if buying interest sustains.
🔹 TIA Protocol (TIA)
Unlock Volume: 6.99M tokens, worth $35.99M.
Prediction: TIA may experience mild sell pressure, stabilizing between $4.80 - $5.50 after market absorption.
🔹 Dogecoin (DOGE)
Unlock Volume: 94.47M tokens, valued at $29.37M.
Prediction: DOGE could face temporary dips near $0.075, with recovery likely toward $0.085 - $0.09 as sentiment improves.
---
📈 Other Linear Unlocks in Progress
Avalanche (AVAX): 700,000 tokens, $25.45M.
Prediction: AVAX may trade between $10 - $12, reflecting its resilience to market shifts.
Polkadot (DOT): 2.81M tokens, $19.18M.
Prediction: DOT could fluctuate near $4.50 - $5, with gradual recovery.
NEAR Protocol (NEAR): 2.97M tokens, $14.98M.
Prediction: NEAR might hover around $1.45 - $1.70 in the near term.
---
💡 Key Takeaway
These unlocks introduce new liquidity, offering both risks and opportunities. Smaller unlocks, like SOL, may have minimal impact, while larger releases, such as TIA and DOGE, could lead to temporary volatility followed by stabilization.
✨ Market Strategy
Short-Term Traders: Leverage price swings during initial unlock periods.
Long-Term Investors: Monitor stabilization phases to accumulate at attractive levels.
#Solana #Dogecoin #avalanche #CryptoPredictions #tokenunlocks
🔹 Solana (SOL)
Unlock Volume: 490,740 tokens valued at $88.20M.
Supply Impact: Represents only 0.10% of SOL’s total supply, minimizing potential market disruption.
Prediction: SOL is expected to remain stable, ranging between $18 - $22 in the short term, with potential upward momentum if buying interest sustains.
🔹 TIA Protocol (TIA)
Unlock Volume: 6.99M tokens, worth $35.99M.
Prediction: TIA may experience mild sell pressure, stabilizing between $4.80 - $5.50 after market absorption.
🔹 Dogecoin (DOGE)
Unlock Volume: 94.47M tokens, valued at $29.37M.
Prediction: DOGE could face temporary dips near $0.075, with recovery likely toward $0.085 - $0.09 as sentiment improves.
---
📈 Other Linear Unlocks in Progress
Avalanche (AVAX): 700,000 tokens, $25.45M.
Prediction: AVAX may trade between $10 - $12, reflecting its resilience to market shifts.
Polkadot (DOT): 2.81M tokens, $19.18M.
Prediction: DOT could fluctuate near $4.50 - $5, with gradual recovery.
NEAR Protocol (NEAR): 2.97M tokens, $14.98M.
Prediction: NEAR might hover around $1.45 - $1.70 in the near term.
---
💡 Key Takeaway
These unlocks introduce new liquidity, offering both risks and opportunities. Smaller unlocks, like SOL, may have minimal impact, while larger releases, such as TIA and DOGE, could lead to temporary volatility followed by stabilization.
✨ Market Strategy
Short-Term Traders: Leverage price swings during initial unlock periods.
Long-Term Investors: Monitor stabilization phases to accumulate at attractive levels.
#Solana #Dogecoin #avalanche #CryptoPredictions #tokenunlocks
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This Week in Web3 and NFT (84)
Welcome to the OpenSea digest, let's review the biggest NFT and web3 news of the week.
Azuki invites Stephen Fung to guide creative storytelling
Azuki announced this week that Hong Kong actor and filmmaker Stephen Fung has become its new creative partner. Fung, known for his works in (Tai Chi Hero) and (The Great Wall), will help shape the narrative and visual direction of Azuki's anime-inspired NFT universe.
Gunzilla Games partners with Delphi Ventures to shape the future of gaming
The shooting game Off The Grid's production company Gunzilla Games has partnered with Delphi Ventures to support the newly established GUNZ Foundation, which is reported to oversee the launch of the upcoming mainnet and token.
Azuki invites Stephen Fung to guide creative storytelling
Azuki announced this week that Hong Kong actor and filmmaker Stephen Fung has become its new creative partner. Fung, known for his works in (Tai Chi Hero) and (The Great Wall), will help shape the narrative and visual direction of Azuki's anime-inspired NFT universe.
Gunzilla Games partners with Delphi Ventures to shape the future of gaming
The shooting game Off The Grid's production company Gunzilla Games has partnered with Delphi Ventures to support the newly established GUNZ Foundation, which is reported to oversee the launch of the upcoming mainnet and token.
#Hyperliquid $HYPE is doing almost $1m in 24h fees. #Cardano $ADA is doing $5k. #Avalanche $AVAX is doing $14k. This is clear indication that HYPE has what it takes to be in the top 10.. The CandyBomb event on Bitget and BGB holders community event provide good opportunity to amass HYPE.
🌟 Avalanche (AVA) Market Update 🌟
Current Price: $1.3834
$AVA
Resistance Levels:
➡️ $1.400 | $1.500
Support Levels:
✅ $1.350 | $1.250
Breakout Price: $1.420
Stop-Loss: $1.350
🪙 Bitcoin Market Influence: With Bitcoin priced at $95,806.36, a sustained upward trend could boost AVA towards its resistance levels. However, a BTC pullback below $90,000 might drag AVA down to retest its support levels.
#Avax #Avalanche #CryptoAnalysis #BitcoinInfluence
Current Price: $1.3834
$AVA
Resistance Levels:
➡️ $1.400 | $1.500
Support Levels:
✅ $1.350 | $1.250
Breakout Price: $1.420
Stop-Loss: $1.350
🪙 Bitcoin Market Influence: With Bitcoin priced at $95,806.36, a sustained upward trend could boost AVA towards its resistance levels. However, a BTC pullback below $90,000 might drag AVA down to retest its support levels.
#Avax #Avalanche #CryptoAnalysis #BitcoinInfluence
🚀 Crypto Weekly Recap
- U.S. #Bitcoin ETFs hit a milestone, amassing over 500,000 BTC, with net inflows of $50.5 billion in just a year! 📈
- #MicroStrategy 's BTC holdings soar as they acquire 21,550 BTC for $2.1 billion, joining the Nasdaq-100 index this December.
- #Avalanche $AVAX secures $250 million to fuel its "Avalanche9000" upgrade, aiming to cut transaction costs.
- #Ripple 's $RLUSD stablecoin gets the green light in NY, eyeing the $200 billion liquidity market
Share your thoughts in the comments! 💬
- U.S. #Bitcoin ETFs hit a milestone, amassing over 500,000 BTC, with net inflows of $50.5 billion in just a year! 📈
- #MicroStrategy 's BTC holdings soar as they acquire 21,550 BTC for $2.1 billion, joining the Nasdaq-100 index this December.
- #Avalanche $AVAX secures $250 million to fuel its "Avalanche9000" upgrade, aiming to cut transaction costs.
- #Ripple 's $RLUSD stablecoin gets the green light in NY, eyeing the $200 billion liquidity market
Share your thoughts in the comments! 💬
The post Understanding the Benefits of Liquid Stacking appeared first on Ecoinimist.
Understanding the Benefits of Liquid Stacking - Ecoinimist
Liquid Stacking can help diversify your #cryptocurrency portfolio. Derivative tokens allow you to invest in a wider range of #DeFi projects, thereby spreading your risk across different assets and platforms. This diversification leads to a more balanced portfolio and reduces the impact of negative performance of a single investment.
Read also: Betting or mining: which is better.
Furthermore, participating in different DeFi can expose your portfolio to different levels of risk and potential returns, further stabilizing your investment performance. In short, liquid betting allows you to build a more stable investment strategy that can withstand market fluctuations.
One of the features of liquid betting is its seamless integration with the DeFi platform. Many DeFi protocols recognize and accept derivative tokens, allowing stacked assets to be used as collateral or to participate in other financial services. This integration opens up a world of opportunity for crypto investors looking to maximize returns.
The ability to easily interact with the DeFi platform means that your stackable assets are not just sleeping, but actively participating in your asset-building strategy. It means that your reserve fund assets are not just sleeping, but actively participating in your asset-building strategy. This relationship between Stakes and DeFi represents a new frontier in cryptocurrency investing, where the boundaries of the traditional financial system are constantly being pushed.
#Avalanche (AVAX) is a blockchain platform known for its high processing power and low transaction fees. Its technological advancements and robust ecosystem are quickly gaining popularity among developers and investors Liquid Bet on #AVAX offers unique benefits, making it an attractive option for those who own AVAX tokens
Read us at: Compass Investments
#CryptoNews
Liquid Stacking can help diversify your #cryptocurrency portfolio. Derivative tokens allow you to invest in a wider range of #DeFi projects, thereby spreading your risk across different assets and platforms. This diversification leads to a more balanced portfolio and reduces the impact of negative performance of a single investment.
Read also: Betting or mining: which is better.
Furthermore, participating in different DeFi can expose your portfolio to different levels of risk and potential returns, further stabilizing your investment performance. In short, liquid betting allows you to build a more stable investment strategy that can withstand market fluctuations.
One of the features of liquid betting is its seamless integration with the DeFi platform. Many DeFi protocols recognize and accept derivative tokens, allowing stacked assets to be used as collateral or to participate in other financial services. This integration opens up a world of opportunity for crypto investors looking to maximize returns.
The ability to easily interact with the DeFi platform means that your stackable assets are not just sleeping, but actively participating in your asset-building strategy. It means that your reserve fund assets are not just sleeping, but actively participating in your asset-building strategy. This relationship between Stakes and DeFi represents a new frontier in cryptocurrency investing, where the boundaries of the traditional financial system are constantly being pushed.
#Avalanche (AVAX) is a blockchain platform known for its high processing power and low transaction fees. Its technological advancements and robust ecosystem are quickly gaining popularity among developers and investors Liquid Bet on #AVAX offers unique benefits, making it an attractive option for those who own AVAX tokens
Read us at: Compass Investments
#CryptoNews
🚀Beyond Ripple (XRP): 3 Tokens Poised for Explosive Growth by 2025
As the altcoin market evolves, Rexas Finance (RXS), Avalanche (AVAX), and Tron (TRX) are emerging as potential game-changers, offering substantial growth opportunities. Here's a quick breakdown of each:
1️⃣ Rexas Finance (RXS): Revolutionizing Asset Tokenization
Presale Success: Raised $28M by selling 348M tokens.
Tokenomics: Strategic distribution fueling scalability.
Innovations: AI-powered NFT marketing, decentralized launchpad, and token builder tools.
Future Price: From $0.15 to $0.20 in 2025, with massive upside potential.
2️⃣ Avalanche (AVAX): DeFi & NFT Leader
Current Price: $52.58.
Key Strengths: Low fees, high-speed transactions, and scalability for DeFi and NFTs.
Growth Drivers: Expanding partnerships and developer adoption.
3️⃣ Tron (TRX): Blockchain for Content Creators
Current Price: $0.2916.
Advantages: Cost-efficient, high-speed transactions, tailored for creators and developers.
Adoption: Rapidly growing ecosystem with user-focused innovation.
🌟 Final Word
While XRP continues to lead, Rexas Finance (RXS), Avalanche (AVAX), and Tron (TRX) are primed to disrupt the market with innovative ecosystems and transformative growth potential. Don't miss the chance to explore these emerging altcoins!
#RexasFinance #Avalanche #Tron #AltcoinGrowth
1️⃣ Rexas Finance (RXS): Revolutionizing Asset Tokenization
Presale Success: Raised $28M by selling 348M tokens.
Tokenomics: Strategic distribution fueling scalability.
Innovations: AI-powered NFT marketing, decentralized launchpad, and token builder tools.
Future Price: From $0.15 to $0.20 in 2025, with massive upside potential.
2️⃣ Avalanche (AVAX): DeFi & NFT Leader
Current Price: $52.58.
Key Strengths: Low fees, high-speed transactions, and scalability for DeFi and NFTs.
Growth Drivers: Expanding partnerships and developer adoption.
3️⃣ Tron (TRX): Blockchain for Content Creators
Current Price: $0.2916.
Advantages: Cost-efficient, high-speed transactions, tailored for creators and developers.
Adoption: Rapidly growing ecosystem with user-focused innovation.
🌟 Final Word
While XRP continues to lead, Rexas Finance (RXS), Avalanche (AVAX), and Tron (TRX) are primed to disrupt the market with innovative ecosystems and transformative growth potential. Don't miss the chance to explore these emerging altcoins!
#RexasFinance #Avalanche #Tron #AltcoinGrowth
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$AVAX
The Avalanche Foundation recently announced an event called RETRODROP and stated that it will prepare Christmas surprises for those who vote for Retro9000. This event echoes the Retro9000 funding program previously announced by Avalanche, which plans to launch a total of $40 million aimed at rewarding developers building on Avalanche9000. The Retro9000 initiative is part of a large-scale upgrade of Avalanche9000, designed to incentivize developers to build L1 blockchains and other tools on the Avalanche9000 testnet. Through this initiative, the Avalanche Foundation aims to guide the development of the L1 ecosystem and provide incentives for early developers to build products. Projects will be evaluated through public leaderboards and community voting. Therefore, the Avalanche Foundation's RETRODROP event and Christmas surprises can be seen as an additional incentive and appreciation for developers participating in the Retro9000 program.
#avax #avalanche
The Avalanche Foundation recently announced an event called RETRODROP and stated that it will prepare Christmas surprises for those who vote for Retro9000. This event echoes the Retro9000 funding program previously announced by Avalanche, which plans to launch a total of $40 million aimed at rewarding developers building on Avalanche9000. The Retro9000 initiative is part of a large-scale upgrade of Avalanche9000, designed to incentivize developers to build L1 blockchains and other tools on the Avalanche9000 testnet. Through this initiative, the Avalanche Foundation aims to guide the development of the L1 ecosystem and provide incentives for early developers to build products. Projects will be evaluated through public leaderboards and community voting. Therefore, the Avalanche Foundation's RETRODROP event and Christmas surprises can be seen as an additional incentive and appreciation for developers participating in the Retro9000 program.
#avax #avalanche
Midday News Update #Web3
📉 FalconX: Rate cut expectations unlikely to have long-term impact on #Bitcoin❗ as macro influence wanes.
🔗 Avalanche founder: Meme tokens on #avalanche can be staked and used as gas tokens.
📈 Memecoin boom drives #Solana DApp revenue to a record $365M in November, led by Pump.fun.
💰 $FARTCOIN surpasses $AI16Z in market cap, rising 15.5% in 24H to lead the AI meme sector.
🌐 Hyperliquid testnet launches HYPE staking interface with validator statistics and APR insights.
📉 FalconX: Rate cut expectations unlikely to have long-term impact on #Bitcoin❗ as macro influence wanes.
🔗 Avalanche founder: Meme tokens on #avalanche can be staked and used as gas tokens.
📈 Memecoin boom drives #Solana DApp revenue to a record $365M in November, led by Pump.fun.
💰 $FARTCOIN surpasses $AI16Z in market cap, rising 15.5% in 24H to lead the AI meme sector.
🌐 Hyperliquid testnet launches HYPE staking interface with validator statistics and APR insights.
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💥 Avalanche Launches Avalanche9000: Cost Reduction and Simplification of Subnets 🚀
Avalanche has announced the launch of Avalanche9000, its most significant update to date. This update simplifies the launch of subnets and reduces the execution costs of smart contracts. With ACP-77 and ACP-125, the roles of validators are modified and base fees on the 'C-Chain' are reduced. Avalanche9000 has reduced the implementation cost of Layer1 by 99.9%, promising explosive growth in the coming months.
#Avalanche #Avalanche9000 #Blockchain 🌟💻🔒
$AVAX
Avalanche has announced the launch of Avalanche9000, its most significant update to date. This update simplifies the launch of subnets and reduces the execution costs of smart contracts. With ACP-77 and ACP-125, the roles of validators are modified and base fees on the 'C-Chain' are reduced. Avalanche9000 has reduced the implementation cost of Layer1 by 99.9%, promising explosive growth in the coming months.
#Avalanche #Avalanche9000 #Blockchain 🌟💻🔒
$AVAX
Dogecoin Creator Lists Top 5 Cryptocurrencies
Token meme creator Dogecoin (DOGE) Billy Marcus, aka Shibetoshi Nakamoto, was list of top 5 cryptocurrencies.
According to Marcus, the top 5 digital assets include:
Dogecoin;Bitcoin;Avalanche (AVAX);Efirium;Solana (SUN).
Billy put his brainchild at the top of the rankings Dogecoin for obvious reasons. Bitcoin came in second place because he is the father of cryptocurrencies, and эфириум и Solana made it into the top 5, as they allowed Marcus to make some good money on trading NFT and shitcoins.
The founder of the project Dogecoin turned his attention to Avalanche due to the impressive bullish rally in the cryptocurrency market, as a result of which the coin's price up by 81% over the past six months. Markus likes this digital asset because its creators are trying to solve existing problems and thus make the AVAX blockchain useful.
The Avalanche network's main value is that it is a foundation for developing custom blockchains and decentralized applications. This makes AVAX competitive with Ethereum, but it is more than 24 times smaller than ETH in terms of capitalization. However, the chatbot Chat GPT believes in the high potential of Avalanche and advises invest 5% of your capital in this coin. It is noteworthy that Dogecoin there was no room in the virtual assistant's dream crypto investment portfolio.
#Avalanche #Dogecoinnews
Expert Insights, Price Analysis, and the Latest News on Happy Coin News.
According to Marcus, the top 5 digital assets include:
Dogecoin;Bitcoin;Avalanche (AVAX);Efirium;Solana (SUN).
Billy put his brainchild at the top of the rankings Dogecoin for obvious reasons. Bitcoin came in second place because he is the father of cryptocurrencies, and эфириум и Solana made it into the top 5, as they allowed Marcus to make some good money on trading NFT and shitcoins.
The founder of the project Dogecoin turned his attention to Avalanche due to the impressive bullish rally in the cryptocurrency market, as a result of which the coin's price up by 81% over the past six months. Markus likes this digital asset because its creators are trying to solve existing problems and thus make the AVAX blockchain useful.
The Avalanche network's main value is that it is a foundation for developing custom blockchains and decentralized applications. This makes AVAX competitive with Ethereum, but it is more than 24 times smaller than ETH in terms of capitalization. However, the chatbot Chat GPT believes in the high potential of Avalanche and advises invest 5% of your capital in this coin. It is noteworthy that Dogecoin there was no room in the virtual assistant's dream crypto investment portfolio.
#Avalanche #Dogecoinnews
Expert Insights, Price Analysis, and the Latest News on Happy Coin News.
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$AVAX
Avalanche9000 upgrade is the largest upgrade to date for the Layer1 blockchain Avalanche network, introducing many new features and improvements. Here are some key points:
1. Launching subnet blockchains is easier: Avalanche9000 introduces a new type of validator through improvement proposal ACP-77, making it more economically viable to launch your own subnet blockchain. This new type of validator significantly reduces the cost of use, thereby lowering the entry barrier for new players.
2. Lower cost of running smart contracts: Improvement proposal ACP-125 reduces the base fee of the Avalanche main 'C chain' network from 25 nAVAX to 1 nAVAX, which approximately reduces the activation cost of smart contracts by 99%.
3. 99.9% reduction in the cost of deploying L1: Avalanche9000 has reduced the cost of deploying L1 by 99.9%, making rapid iteration and quick market entry possible.
4. L1 development on the testnet: With hundreds of L1s being developed on the testnet, an explosive growth in launch volume is expected in the coming months. Currently, there are over 500 L1 projects being developed on both the testnet and mainnet, covering various fields such as community gaming, small business payment solutions, and institutional research.
5. $40 million retroactive rewards program: The launch of the Avalanche9000 testnet is accompanied by a retroactive rewards program called Retro9000, with a total reward amount of up to $40 million, aimed at rewarding developers who develop L1 blockchains and related key development tools on the Avalanche9000 testnet.
6. Interoperability protocols: Avalanche9000 also includes two major interoperability protocols—Inter-Chain Token Transfer (ICTT) and Inter-Chain Messaging (ICM), which enhance communication and interoperability between different blockchains.
This upgrade marks an important step for the Avalanche network in terms of performance, customizability, ease of maintenance, and time-to-market, providing builders with more flexibility and economic efficiency.
#avax #avalanche
Avalanche9000 upgrade is the largest upgrade to date for the Layer1 blockchain Avalanche network, introducing many new features and improvements. Here are some key points:
1. Launching subnet blockchains is easier: Avalanche9000 introduces a new type of validator through improvement proposal ACP-77, making it more economically viable to launch your own subnet blockchain. This new type of validator significantly reduces the cost of use, thereby lowering the entry barrier for new players.
2. Lower cost of running smart contracts: Improvement proposal ACP-125 reduces the base fee of the Avalanche main 'C chain' network from 25 nAVAX to 1 nAVAX, which approximately reduces the activation cost of smart contracts by 99%.
3. 99.9% reduction in the cost of deploying L1: Avalanche9000 has reduced the cost of deploying L1 by 99.9%, making rapid iteration and quick market entry possible.
4. L1 development on the testnet: With hundreds of L1s being developed on the testnet, an explosive growth in launch volume is expected in the coming months. Currently, there are over 500 L1 projects being developed on both the testnet and mainnet, covering various fields such as community gaming, small business payment solutions, and institutional research.
5. $40 million retroactive rewards program: The launch of the Avalanche9000 testnet is accompanied by a retroactive rewards program called Retro9000, with a total reward amount of up to $40 million, aimed at rewarding developers who develop L1 blockchains and related key development tools on the Avalanche9000 testnet.
6. Interoperability protocols: Avalanche9000 also includes two major interoperability protocols—Inter-Chain Token Transfer (ICTT) and Inter-Chain Messaging (ICM), which enhance communication and interoperability between different blockchains.
This upgrade marks an important step for the Avalanche network in terms of performance, customizability, ease of maintenance, and time-to-market, providing builders with more flexibility and economic efficiency.
#avax #avalanche
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I started yesterday in the crypto market, I'm trying to start understanding this world, I looked at some coins that are at a low with a possible chance of growth, (I'm not referring to bitcoin) and I acquired a fraction of these two #avalanche #Chainlink
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Major update for Avalanche with the arrival of Avalanche9000 🚀 Cost reduction and easier launch of subnets, the biggest upgrade since 2020 🌐🔗 #Avalanche #Blockchain #Crypto
🚀 Crypto Market Highlights:
In the past 12 hours, the crypto market has been buzzing with major developments!
Bitcoin hit a new ATH of $106,000, driven by whale buying and a bold suggestion from President-elect Donald Trump about a U.S. Bitcoin strategic reserve.MicroStrategy's Michael Saylor hints at more Bitcoin acquisitions, signaling strong institutional interest.$ONDO saw a surge after Trump's World Liberty invested $250,000, pushing its price upward.$PENGU, a new meme coin, is set to be listed soon, keeping the meme coin excitement alive.$FARTCOIN overtakes $GOAT in market cap, highlighting the volatile nature of meme coins.
The Abstract Mainnet is also set to launch in January, with $SUI and $DEEP preparing to roll out Mysticeti v2, offering enhancements to their platforms.
The crypto market is heating up, with more developments and opportunities on the horizon! Stay tuned and keep an eye on these projects! 🚀💎
#Bitcoin #Crypto #MarketUpdate #Blockchain #MemeCoins #SUI #Avalanche #Write2Earn!
In the past 12 hours, the crypto market has been buzzing with major developments!
Bitcoin hit a new ATH of $106,000, driven by whale buying and a bold suggestion from President-elect Donald Trump about a U.S. Bitcoin strategic reserve.MicroStrategy's Michael Saylor hints at more Bitcoin acquisitions, signaling strong institutional interest.$ONDO saw a surge after Trump's World Liberty invested $250,000, pushing its price upward.$PENGU, a new meme coin, is set to be listed soon, keeping the meme coin excitement alive.$FARTCOIN overtakes $GOAT in market cap, highlighting the volatile nature of meme coins.
The Abstract Mainnet is also set to launch in January, with $SUI and $DEEP preparing to roll out Mysticeti v2, offering enhancements to their platforms.
The crypto market is heating up, with more developments and opportunities on the horizon! Stay tuned and keep an eye on these projects! 🚀💎
#Bitcoin #Crypto #MarketUpdate #Blockchain #MemeCoins #SUI #Avalanche #Write2Earn!
$AVAX
#Avax is among the leader coins with consistent high volumes.
There's a possible bullish Cup & Handle pattern that would be in action if the price passes $65.4 (the confirmation) and then would target the ATH.
Breaking $22.6 invalidates the idea (the stop-loss).
#Avalanche
#Avax is among the leader coins with consistent high volumes.
There's a possible bullish Cup & Handle pattern that would be in action if the price passes $65.4 (the confirmation) and then would target the ATH.
Breaking $22.6 invalidates the idea (the stop-loss).
#Avalanche
🔺 Avalanche Blockchain’s Largest-Ever Upgrade, 'Avalanche9000,' Is Live
Avalanche, a layer-1 blockchain launched in 2020 that's now the tenth-largest by total value locked (TVL), activated its highly anticipated Avalanche9000 upgrade Monday, marking the ecosystem's biggest technical changes to date.
The network has been prepping for these changes for months, with new features that will cut the costs for sending transactions, operating validators and building applications on the network.
Leaders at Avalanche have previously told CoinDesk that part of the goal with the upgrade is to attract developers to Avalanche and encourage them to create customized blockchains using its technology, known as subnets, or “L1s".
The upgrade, also referred to as the Etna upgrade, consisted of seven improvement proposals. The two biggest changes that were implemented were known as ACP-77 and ACP-125.
ACP-77 is a proposal that introduces a new type of validator, so users can launch their own subnets. These new nodes are less costly to operate, with the aim of therefore bringing in more people to spin them up and create their own Avalanche-based networks.
ACP-125 lowers the base fee on Avalanche’s main network that runs smart contracts, known as the C-chain, from 25 nAVAX (about $0.00000098) to 1 nAVAX ($0.00000004.) The goal is to make it cheaper to compute on that network. One nAVAX equals one-billionth of one AVAX. (Avalanche has two other main chains:the P-chain, where users can stake AVAX and operate validators; and the X-chain, which is used for sending and receiving funds.)
The Avalanche Foundation announced that ahead of the upgrade, it raised $250 million in a token sale, led by Galaxy Digital, Dragonfly and ParaFi Capital.
#AVAX #Avalanche
Avalanche, a layer-1 blockchain launched in 2020 that's now the tenth-largest by total value locked (TVL), activated its highly anticipated Avalanche9000 upgrade Monday, marking the ecosystem's biggest technical changes to date.
The network has been prepping for these changes for months, with new features that will cut the costs for sending transactions, operating validators and building applications on the network.
Leaders at Avalanche have previously told CoinDesk that part of the goal with the upgrade is to attract developers to Avalanche and encourage them to create customized blockchains using its technology, known as subnets, or “L1s".
The upgrade, also referred to as the Etna upgrade, consisted of seven improvement proposals. The two biggest changes that were implemented were known as ACP-77 and ACP-125.
ACP-77 is a proposal that introduces a new type of validator, so users can launch their own subnets. These new nodes are less costly to operate, with the aim of therefore bringing in more people to spin them up and create their own Avalanche-based networks.
ACP-125 lowers the base fee on Avalanche’s main network that runs smart contracts, known as the C-chain, from 25 nAVAX (about $0.00000098) to 1 nAVAX ($0.00000004.) The goal is to make it cheaper to compute on that network. One nAVAX equals one-billionth of one AVAX. (Avalanche has two other main chains:the P-chain, where users can stake AVAX and operate validators; and the X-chain, which is used for sending and receiving funds.)
The Avalanche Foundation announced that ahead of the upgrade, it raised $250 million in a token sale, led by Galaxy Digital, Dragonfly and ParaFi Capital.
#AVAX #Avalanche
"$AVAX Price Alert: Risk Zone Ahead, Watch the $48 Support Level!"
#AVAX #CryptoAlert #Avalanche #CryptoAnalysis #SupportLevel
$AVAX
#AVAX #CryptoAlert #Avalanche #CryptoAnalysis #SupportLevel
$AVAX