$117,811.00
0.04%$3,585.45
1.10%$3.41
0.11%$731.71
0.10%$175.83
0.21%$0.999878
-0.00%$0.241548
3.39%$3,579.98
1.22%$0.317899
-2.28%$0.826804
1.58%$117,636.00
-0.03%$4,322.95
1.23%$44.26
0.13%$0.461239
0.69%$3.82
1.32%$18.30
3.21%$0.266587
1.50%$24.51
4.47%$515.31
0.33%$3,835.87
1.12%$0.00001491
2.01%$112.40
10.76%$3,584.00
1.02%$8.97
-0.17%$3.21
0.29%$0.999912
-0.01%$0.998897
-0.17%$4.38
3.56%$44.10
0.09%$117,904.00
0.09%$10.12
-0.64%$321.88
0.90%$1.002
0.03%$0.00001336
3.17%$4.90
1.44%$317.50
-0.81%$0.120829
3.14%$413.54
1.11%$2.92
4.56%$23.55
2.31%$1.18
-0.04%$5.30
-0.60%$0.443173
-1.11%$1.027
1.99%$5.78
1.24%$48.82
0.85%$213.99
0.11%$0.432892
11.18%$0.802089
3.14%$1.00
0.00%$0.00003319
1.45%$0.292387
-0.63%$0.095278
3.36%$0.02768262
1.90%$0.465506
3.04%$4.98
2.48%$0.998937
-0.16%$3,575.39
0.92%$0.239168
1.36%$4.16
3.16%$17.03
0.16%$0.780738
3.34%$10.11
1.03%$0.348502
0.19%$1.15
1.73%$4.51
-0.08%$0.03062638
-0.73%$2.79
1.32%$1.06
0.02%$0.084316
0.57%$187.08
0.36%$3,757.69
1.32%$1.82
5.29%$4,080.93
1.01%$117,611.00
-0.07%$113.36
-0.39%$0.542872
1.81%$4.94
0.20%$12.01
0.76%$0.092646
8.25%$0.999237
0.29%$0.999559
-0.05%$2.00
1.93%$0.00402576
-2.57%$1.42
5.91%$0.02025566
1.89%$14.17
3.88%$4.66
-0.57%$1.00
-0.06%$0.991877
1.55%$3,770.96
1.13%$1.34
1.40%$0.842497
1.01%$0.760581
1.78%$3,833.38
1.03%$0.00013685
2.27%$3,869.17
1.13%$0.383077
0.92%$3,770.04
1.09%$117,900.00
0.38%$1.00
-0.01%$0.615542
6.16%$1.77
2.18%$0.109739
2.80%$1.081
7.22%$197.34
-0.14%$0.977227
40.54%$1.12
5.83%$0.997441
-0.25%$0.165147
-1.87%$729.55
-0.15%$3,358.59
0.12%$0.59932
3.46%$117,877.00
0.21%$1.11
0.06%$27.73
1.00%$2.65
-0.08%$117,675.00
-0.19%$0.2323
1.54%$0.903429
2.90%$0.01926181
2.77%$230.17
0.09%$0.999909
0.00%$3,350.72
0.02%$0.01699284
1.25%$0.326667
1.62%$3,584.20
1.13%$3,830.47
0.86%$0.131613
1.21%$3,758.96
2.06%$2.79
1.44%$0.867185
-3.46%$4.47
0.67%$44.65
-0.02%$0.270201
-1.71%$111.86
0.00%$0.00000071
0.26%$3.76
-1.00%$1.94
1.25%$0.429816
3.21%$0.998728
-0.03%$1.00
0.01%$9.62
-13.27%$117,620.00
0.06%$0.33561
2.07%$2.00
-1.98%$1.096
1.14%$3,587.29
1.16%$0.01845074
0.90%$0.0067771
5.71%$0.00000159
4.21%$0.24086
3.26%$30.55
4.75%$0.00876806
-1.29%$0.431925
-0.90%$117,674.00
0.01%$0.997746
-0.03%$0.058726
4.63%$1.65
2.41%$0.346239
-1.91%$0.00981427
7.63%$117,716.00
-0.07%$3,815.01
1.28%$3,564.67
1.23%$0.677604
1.19%$0.105986
2.25%$1.29
2.21%$1.00
-0.06%$0.536423
-2.10%$1.00
0.03%$0.07377
0.01%$3,588.28
1.18%$44.25
0.33%$3,955.69
1.15%$1.16
-0.01%$0.141688
2.35%$0.673626
1.34%$0.507382
-0.46%$7.09
3.39%$0.9976
-0.28%$0.195471
3.95%$7.45
1.48%$1.54
3.94%$51.60
0.12%$16.97
2.13%$3,874.18
1.15%$0.224682
5.61%$0.00002324
5.29%$0.388122
-1.40%$0.00000046
-1.01%$0.423803
1.01%$0.426477
0.82%$2.69
1.93%$0.318631
0.68%$10.75
0.00%$0.060075
1.38%$3,572.62
0.97%$44.19
0.29%$0.04354952
2.78%$0.090228
2.07%$0.161771
-1.14%$3,583.35
1.21%$1.093
-0.01%$7.19
-9.46%$0.999809
-0.01%$1.003
-0.03%$0.997751
0.37%$4,317.72
1.43%$0.5989
3.75%$0.00400073
0.65%$1.63
0.63%$117,675.00
1.21%$0.999891
0.00%$146.37
0.97%$0.00745194
1.67%$0.390296
4.95%$29.69
3.86%$0.846022
1.02%$193.30
0.53%$0.00549777
2.57%$0.375714
0.78%$0.57047
0.78%$12.70
0.42%$1.37
-0.49%$0.820194
3.10%$0.03746156
-1.87%$0.00006642
-1.36%$24.42
4.09%$4.43
7.34%$0.00406156
13.88%$0.01883296
-2.21%$3,740.56
0.29%$117,683.00
0.05%$21.37
0.57%$0.03280859
2.94%$0.238992
1.39%$0.828996
1.21%$0.00407954
1.18%$3.87
9.58%$0.744669
-0.43%$0.338373
0.79%$4,036.30
1.04%$0.998436
-0.05%$1.062
-0.54%$0.999119
0.00%$0.999695
-0.02%$7.21
-0.90%$0.499515
1.00%Reading
Avalanche (AVAX), one of the contenders for the “Ethereum killer” title, is among the top gainers over the last 24 hours.
The network’s token is up 12.7%, having soared to an all-time above $102.04 on Tuesday night before sliding down to $99.11 at the time of writing.
With a market capitalization of more than $21.3 billion, AVAX is currently the 12th most valued network in the crypto market, according to data from CoinGecko.
Avalanche’s other notable achievement is that the total value of funds locked in the protocol’s various DeFi projects has now surpassed a massive milestone of $10 billion, as data from DeFi Llama shows.
Avalanche is a Proof-of-Stake (PoS) blockchain designed for running smart contracts, which, in turn, serve as the backbone for many decentralized finance (DeFi) protocols and applications.
Boasting high transaction throughput and low fees, Avalanche also supports the creation of non-fungible tokens (NFTs), and more.
The latest price action for AVAX could be attributed to a variety of bullish developments, ranging from big-name partnerships, growing DeFi activity, and a newly-launched fund to grow Avalanche projects.
On Tuesday, Ava Labs, the company behind the development of the Avalanche network, announced a joint effort with Deloitte, one of the world’s "Big 4" accounting firms.
The collaboration will see the two companies launch a new cloud-based platform that will utilize the Avalanche blockchain to improve security, speed, and accuracy of Federal Emergency Management Agency reimbursements.
2/ Ava Labs and @Deloitte are launching the Close As You Go platform that leverages the Avalanche blockchain to improve security, speed and accuracy of FEMA funding.https://t.co/vHK0U3UpUk
— Emin Gün Sirer🔺 (@el33th4xor) November 16, 2021
Activity on Avalanche has also escalated quickly since the end of August this year when the total value locked (TVL) in the network first soared over $1 billion. It took the network roughly three months to grow another tenfold in terms of TVL.
Earlier this month, the Avalanche Foundation launched Blizzard, a new fund with more than $200 million dedicated to growing the network’s ecosystem. These funds will be allocated specifically to projects building in DeFi, NFTs, and enterprise applications among other sectors.
The new fund will also deploy capital to explore other emerging use cases such as security token issuances, liquidity providers, and self-sovereign identity.
Avalanche has become one of the most prominent so-called “Ethereum killers” over the last year, as the blockchain networks designed for decentralized applications has seen its native AVAX cryptocurrency rise to new heights. And the money keeps on flowing, as the Avalanche Foundation today announced an infusion of $230 million via a new token sale. Shortly after the news was revealed, AVAX set a new peak of nearly $65 per coin, according to CoinGecko. It’s up 22% over the last 24 hours and is cur...
Prior to that, the Avalanche Foundation raised $230 million from a private token sale led by Polychain Capital and Three Arrows Capital.
The network enjoyed an additional boost last month when it was listed by Coinbase—both on the professional trading platform and in the exchange’s wallet.
The debate over whether Bitcoin is best suited for payments or as a store of value is flaring up again. This time, it comes after the price to send the leading cryptocurrency has been slashed. Top Bitcoin blockchain explorer Mempool posted this week that now users of the biggest crypto network can pay as low as 0.1 satoshi per virtual byte (sat/vByte) to get their transactions processed. A satoshi is the smallest unit of Bitcoin, with 1 satoshi equaling 0.00000001 BTC. Previously, it would cost...
Ethereum’s price has increased at nearly twice the rate of Solana’s over the past month, but the outperformance will likely be temporary, according to Adrian Fritz, head of research at Switzerland-based asset manager 21Shares. Although Ethereum is the most secure and decentralized smart contract platform, Solana is still a smaller project with more upside, partly due to its community of developers that are constantly striving for “better execution,” he told Decrypt on Friday. “Ethereum was almos...
Barstool Sports founder Dave Portnoy can’t help sharing his crypto fumbles, notably declaring in 2021 that he “fucked up Bitcoin” by panic-selling his stash for a huge loss the year prior. But the outspoken personality continues to play in the crypto world, including launching his own Solana meme coins last year and pumping-and-dumping others. Now he’s griping publicly about selling off his stash of XRP before the prominent cryptocurrency surged to an all-time high on Thursday, breaking a record...
