Tags: Avalanche (AVAX) Price

The total crypto market cap slumped from over $3.8 trillion to under $3.6 trillion at one point.

The Avalanche native token AVAX has taken a massive hit, tanking double figures to a new low for this year as analysts scramble to figure out why.

Solana’s SOL token has overtaken Binance Coin (BNB) in terms of market capitalization following a price surge over the weekend. 

While Avalanche’s current large transaction volume is far from the peak in the last bull run, the uptick indicates a bullish trend and a positive sign for market participants.

Hundreds of millions worth of crypto is to be unlocked later in February. Find out which coins are impacted.

Besides the Cardano ecosystem, Avalanche and Optimism also appear to be bustling with developer activity.

Ava Labs’ said that users of its Core app will be able to create a wallet and multi-chain seed phrase with their Gmail.

Avalanche’s on-chain metrics provide compelling evidence, confirming AVAX’s resilience amidst the broader market correction.

AVAX defied trends, with large transactions peaking at nearly 1,000, indicating a bullish trend.

Avalanche is seeing renewed growth in terms of addresses and transactions on the network.

Layer-1 blockchain token AVAX is on fire today, leading markets and bucking the daily trend, which is downwards. 

AVAX has lost nearly 50% of its value since the beginning of 2023.

The Avalanche Foundation announced the launch of Avalanche Vista, a $50 million initiative to invest in real-world asset (RWA) tokenization.