While #Ethereum (ETH) has started posting losses in recent days, its rival cryptocurrency (AVAX), has moved in the opposite direction, not only rising 38% on the week Ethereum down more than 4% but also skyrocketed more than 100% in the last month as its competitors only gained 6%.
Talking about the flagship decentralized finance asset ( #DeFi ), AVAX has also outperformed, with an impressive annual return of over 200%,
Price analysis
At press time, #Avalanche was changing hands at $36.44, representing a decline of 9.63% in the last 24 hours but still an increase of 41.65% in the previous seven days, in addition to making an impressive gain of 102.22% in the past month, as the latest chart shows.
turn, showing even greater strength for the current ninth largest digital asset in the long term, making $AVAX one of the , alongside $ETH and $SOL
