๐บ #Avalanche and Amazon Web Services AWS have joined forces in order to increase the usage of blockchain technology
#AVAX
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Avalanche [AVAX] confirms plans to host a new stablecoin called USP
๐น Avalanche has officially confirmed that it will support the stablecoin USP created by Platypus DeFi. The latter previously confirmed that the stablecoin will be in Avalancheโs main pool which will play an important role in USPโs stability. In addition, its collateralization mechanism will use other stablecoins.
#AVAX
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๐น Avalanche has officially confirmed that it will support the stablecoin USP created by Platypus DeFi. The latter previously confirmed that the stablecoin will be in Avalancheโs main pool which will play an important role in USPโs stability. In addition, its collateralization mechanism will use other stablecoins.
#AVAX
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Bitcoin bridged to Avalanche surpasses BTC locked in Lightning Network
๐ธ The total circulating supply of bridged BTC on Avalanche rose to a record 5,700 BTC ($118.6 million). Meanwhile, the number of bitcoin locked in the Lightening Network stood at 4,929 BTC ($100 million).
#BTC
#AVAX
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๐ธ The total circulating supply of bridged BTC on Avalanche rose to a record 5,700 BTC ($118.6 million). Meanwhile, the number of bitcoin locked in the Lightening Network stood at 4,929 BTC ($100 million).
#BTC
#AVAX
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Crypto Strategist Predicts Rallies for Polygon and Avalanche, Says Ethereum Setting Up To Outperform Bitcoin
๐น An analyst is predicting surges for blockchain scaling solution Polygon (MATIC) and smart contract protocol Avalanche (AVAX).
๐น Pseudonymous analyst Pentoshi tells his 671,300 Twitter followers that MATIC looks bullish and could be gearing up for a rally toward a major resistance area.
๐น Next up is Ethereum (ETH) competitor AVAX. According to the crypto strategist, Avalanche looks poised for a 36% surge as the coin is now trading above $20.
๐น Earlier this month, Amazon reportedly teamed up with AVAX developer Ava Labs in an effort to speed up blockchain adoption across multiple industries.
Pentoshi is also keeping an eye on Ethereum itself, which he says appears to be setting up for a rally in its Bitcoin pair (ETH/BTC).
#AVAX
#MATIC
#ETH
#BTC
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๐น An analyst is predicting surges for blockchain scaling solution Polygon (MATIC) and smart contract protocol Avalanche (AVAX).
๐น Pseudonymous analyst Pentoshi tells his 671,300 Twitter followers that MATIC looks bullish and could be gearing up for a rally toward a major resistance area.
๐น Next up is Ethereum (ETH) competitor AVAX. According to the crypto strategist, Avalanche looks poised for a 36% surge as the coin is now trading above $20.
๐น Earlier this month, Amazon reportedly teamed up with AVAX developer Ava Labs in an effort to speed up blockchain adoption across multiple industries.
Pentoshi is also keeping an eye on Ethereum itself, which he says appears to be setting up for a rally in its Bitcoin pair (ETH/BTC).
#AVAX
#MATIC
#ETH
#BTC
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Today's Top Gainers On #LaqiraExchange
#RNDR +23.99%
#FTM +18.09%
#AVAX +17.00%
#SNX +15.42%
#DUSK +15.32%
#LQR
#LaqiraProtocol
#RNDR +23.99%
#FTM +18.09%
#AVAX +17.00%
#SNX +15.42%
#DUSK +15.32%
#LQR
#LaqiraProtocol
Avalanche (AVAX) Expands Horizons With New Decentralized Exchange
โ Collaborations with famous projects like Chainlink and Amazon, added to the positive momentum on the crypto market, have caused AVAX to have a valuation of over 80% since the beginning of 2023.
โ Avalanche continues to make strides with the recent addition of decentralized exchange (DEX) Dexalot. This article will delve into the potential impact of this development on the growth and advancement of Avalanche's decentralized finance (DeFi) capabilities.
โ As a C-Chain network-based platform, Dexalot offers EVM compatibility and enables direct trading of ERC-20 tokens against AVAX. It boasts an impressive transaction speed with a finality of one to two seconds and a low cost of implementation and operation.
#AVAX
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โ Collaborations with famous projects like Chainlink and Amazon, added to the positive momentum on the crypto market, have caused AVAX to have a valuation of over 80% since the beginning of 2023.
โ Avalanche continues to make strides with the recent addition of decentralized exchange (DEX) Dexalot. This article will delve into the potential impact of this development on the growth and advancement of Avalanche's decentralized finance (DeFi) capabilities.
โ As a C-Chain network-based platform, Dexalot offers EVM compatibility and enables direct trading of ERC-20 tokens against AVAX. It boasts an impressive transaction speed with a finality of one to two seconds and a low cost of implementation and operation.
#AVAX
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Avalanche to Onboard 50 Million Users Through New Partnership
๐ฎ The Avalanche (#AVAX) network is set to onboard up to 50 million new users into the cryptocurrency space through its recent partnership with Loco, a leading esports and live-streaming platform thatโs building a suite of Web3 products through it.
๐ฐ According to Avalancheโs recent announcement, Loco has recently raised $42 million in the โlargest Series A round in Indian and Southeast Asia gaming history,โ and has built an โarsenal of preferred partnersโ that include industry heavyweights such as Activision Blizzard, Riot Games, and PUBG.
๐ Per the firm, 85% of leading gaming creators are on Loco, as the platform has seen a 900% growth in daily active users over the past 12 months.
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๐ฎ The Avalanche (#AVAX) network is set to onboard up to 50 million new users into the cryptocurrency space through its recent partnership with Loco, a leading esports and live-streaming platform thatโs building a suite of Web3 products through it.
๐ฐ According to Avalancheโs recent announcement, Loco has recently raised $42 million in the โlargest Series A round in Indian and Southeast Asia gaming history,โ and has built an โarsenal of preferred partnersโ that include industry heavyweights such as Activision Blizzard, Riot Games, and PUBG.
๐ Per the firm, 85% of leading gaming creators are on Loco, as the platform has seen a 900% growth in daily active users over the past 12 months.
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Bitcoin-Bridged to Avalanche Reaches Record Daily Mint of Over 2K BTC
๐ Interest in bridging bitcoin (BTC) to the Avalanche smart contract blockchain (BTC.b) continues to swell as the supply of wrapped bitcoin (wBTC), the largest wrapped version of bitcoin on Ethereum, dwindles.
๐ On Thursday, over 2,000 BTC ($44 million) was ported to Avalanche, the largest single-day BTC.b mint on record. That has lifted the total circulating supply of BTC.b to 8,572.
๐น According to 0xAcid, half of the bitcoin minted on Thursday has been moved to BENQI Finance. BENQI Finance is an Avalanche-based decentralized finance protocol, which allows users to lend, borrow and earn additional yields from digital assets.
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#AVAX
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๐ Interest in bridging bitcoin (BTC) to the Avalanche smart contract blockchain (BTC.b) continues to swell as the supply of wrapped bitcoin (wBTC), the largest wrapped version of bitcoin on Ethereum, dwindles.
๐ On Thursday, over 2,000 BTC ($44 million) was ported to Avalanche, the largest single-day BTC.b mint on record. That has lifted the total circulating supply of BTC.b to 8,572.
๐น According to 0xAcid, half of the bitcoin minted on Thursday has been moved to BENQI Finance. BENQI Finance is an Avalanche-based decentralized finance protocol, which allows users to lend, borrow and earn additional yields from digital assets.
#BTC
#AVAX
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ALTCOINAvalanche set to welcome Uniswap V3 to its network; TVL set for impact?
๐ On 17 March, Uniswap announced it would deploy on Avalanche and add support for AVAX. Being one of the leading decentralized finance (DeFi) protocols, the deployment of Uniswap could significantly impact Avalanche in terms of transaction volume and Total Value Locked (TVL).
โ On March 17, the voting ended, with 26 million votesโor 91.26%โcast in favor of the proposition. Effectively, this meant Avalanche, which already supports over 200 protocols, would gladly incorporate Uniswap into its system.
๐ Uniswap boasts a greater TVL, and its V3 alone has over $2 billion. Uniswap was on several chains, including Polygon, Arbitrum, and Optimism, in addition to the most recent deployment plans on Avalanche.
#AVAX
#UNI
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๐ On 17 March, Uniswap announced it would deploy on Avalanche and add support for AVAX. Being one of the leading decentralized finance (DeFi) protocols, the deployment of Uniswap could significantly impact Avalanche in terms of transaction volume and Total Value Locked (TVL).
โ On March 17, the voting ended, with 26 million votesโor 91.26%โcast in favor of the proposition. Effectively, this meant Avalanche, which already supports over 200 protocols, would gladly incorporate Uniswap into its system.
๐ Uniswap boasts a greater TVL, and its V3 alone has over $2 billion. Uniswap was on several chains, including Polygon, Arbitrum, and Optimism, in addition to the most recent deployment plans on Avalanche.
#AVAX
#UNI
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Avalanche Blockchain's X and C Networks See Brief Outage
โ Avalanche is unique as it uses three chains: the C-chain, X-chain, and P-chain.
โ ๏ธ While the C-chain has recovered after an hour-long outage, some X-chain nodes are still offline.
On-chain data shows that the network quality of X-chain has been degraded, and it's only able to process a handful of transactions. It appears that it's only able to process a few transactions per hour, making the chain virtually unusable.
โ๏ธOn-chain data shows that transactions sent over X-Chain are lagging, while C-chain has recovered from an earlier outage.
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โ Avalanche is unique as it uses three chains: the C-chain, X-chain, and P-chain.
โ ๏ธ While the C-chain has recovered after an hour-long outage, some X-chain nodes are still offline.
On-chain data shows that the network quality of X-chain has been degraded, and it's only able to process a handful of transactions. It appears that it's only able to process a few transactions per hour, making the chain virtually unusable.
โ๏ธOn-chain data shows that transactions sent over X-Chain are lagging, while C-chain has recovered from an earlier outage.
#AVAX
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Avalanche Surges to 6-Month High in Daily Active Addresses
โ Layer 1 blockchain protocol Avalanche is picking up steam, reaching a six-month high in daily active addresses earlier this week.
๐ According to blockchain data firm Artemis.xyz, Avalancheโs daily active addresses hit nearly 80,000 on April 12. Its daily active user base grew 85% in the past 90 days, making it one of fastest growing protocols, ahead of BNB Chain, Tron, Ethereum, Aptos and Bitcoin. Only four protocols grew faster, per Artemis: StarkNet, Arbitrum, Stacks and Canto.
The spike coincided with a bevy of financial institutions joining Avalancheโs Evergreen subnet โSpruce.โ
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โ Layer 1 blockchain protocol Avalanche is picking up steam, reaching a six-month high in daily active addresses earlier this week.
๐ According to blockchain data firm Artemis.xyz, Avalancheโs daily active addresses hit nearly 80,000 on April 12. Its daily active user base grew 85% in the past 90 days, making it one of fastest growing protocols, ahead of BNB Chain, Tron, Ethereum, Aptos and Bitcoin. Only four protocols grew faster, per Artemis: StarkNet, Arbitrum, Stacks and Canto.
The spike coincided with a bevy of financial institutions joining Avalancheโs Evergreen subnet โSpruce.โ
#AVAX
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โ Avalanche, a proof-of-stake blockchain developed by Ava Labs, activated the Cortina upgrade on its mainnet, implementing changes to help optimize the network for developers.
๐น Cortina upgraded to the latest version of Avalanche Go v1.10.0, the node implementation for the Avalanche network, at around 11 a.m. ET yesterday.
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๐น Cortina upgraded to the latest version of Avalanche Go v1.10.0, the node implementation for the Avalanche network, at around 11 a.m. ET yesterday.
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Circle To Allow Users Move USDC Between Avalanche And Ethereum
โ Circle announced its Cross-Chain Transfer Protocol or CCTP to allow asset transfers between Ethereumโs blockchain and the Avalanche network.
๐น USDC users will be able to move stablecoins across Ethereum and Avalanche using CCTP, increasing Circleโs utility across multiple chains.
#USDC
#ETH
#AVAX
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โ Circle announced its Cross-Chain Transfer Protocol or CCTP to allow asset transfers between Ethereumโs blockchain and the Avalanche network.
๐น USDC users will be able to move stablecoins across Ethereum and Avalanche using CCTP, increasing Circleโs utility across multiple chains.
#USDC
#ETH
#AVAX
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Avalanche To Unlock $168-Million AVAX Tokens In May; Inflationary Pressure To Rise
๐ According to data from Token Unlocks, 9,541,800 AVAX tokens โ worth over $168 million at current valuation โ are set to be unlocked in less than a month from now. The unlocking event, scheduled for May 28, will release nearly 3% of the 327 million AVAX tokens currently in circulation.
๐น According to K33โs Vice President, the decision to kick Avalancheโs native token off this index was based on the reassessment of the tokenโs expected inflationary pressure and ownership concentration.
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๐ According to data from Token Unlocks, 9,541,800 AVAX tokens โ worth over $168 million at current valuation โ are set to be unlocked in less than a month from now. The unlocking event, scheduled for May 28, will release nearly 3% of the 327 million AVAX tokens currently in circulation.
๐น According to K33โs Vice President, the decision to kick Avalancheโs native token off this index was based on the reassessment of the tokenโs expected inflationary pressure and ownership concentration.
#AVAX
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Alibaba Cloud Builds Metaverse Launchpad on Avalanche
๐ฎ The cloud division of Chinese tech behemoth Alibaba (BABA) has built a launchpad for businesses to deploy metaverses on the Avalanche blockchain.
๐น Named Cloudverse, the launchpad is designed to provide an end-to-end platform for companies to customize and maintain their metaverse spaces to try and find new ways of engaging with their customers.
Avalanche will provide the technology for building the metaverse spaces, while Alibaba Cloud will provide the computing and storage, according to an emailed announcement on Thursday.
#AVAX
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๐ฎ The cloud division of Chinese tech behemoth Alibaba (BABA) has built a launchpad for businesses to deploy metaverses on the Avalanche blockchain.
๐น Named Cloudverse, the launchpad is designed to provide an end-to-end platform for companies to customize and maintain their metaverse spaces to try and find new ways of engaging with their customers.
Avalanche will provide the technology for building the metaverse spaces, while Alibaba Cloud will provide the computing and storage, according to an emailed announcement on Thursday.
#AVAX
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๐จ $130M on the way in less than 3 days๐จ
At 0:00 (UTC) on May 28th, 9.5 million of #AVAX or 1.3% of the total supply will be unlocked ๐
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At 0:00 (UTC) on May 28th, 9.5 million of #AVAX or 1.3% of the total supply will be unlocked ๐
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Forwarded from Early news | Enlgish (Channel Manager | English)
Circle launches euro-backed stablecoin on Avalanche
Stablecoin issuer Circle has rolled out its Euro Coin stablecoin on the Avalanche network, making it the second blockchain to support the asset following the initial launch on Ethereum last year.
Several applications on Avalanche have shown interest in adding support for Euro Coin, Circle said in a statement, and decentralized finance applications on the Avalanche network including Benqi, Curve, Dexalot, GMX, Pangolin, Shift Markets, and Trader Joe are expected to integrate the stablecoin.
#AVAX
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Stablecoin issuer Circle has rolled out its Euro Coin stablecoin on the Avalanche network, making it the second blockchain to support the asset following the initial launch on Ethereum last year.
Several applications on Avalanche have shown interest in adding support for Euro Coin, Circle said in a statement, and decentralized finance applications on the Avalanche network including Benqi, Curve, Dexalot, GMX, Pangolin, Shift Markets, and Trader Joe are expected to integrate the stablecoin.
#AVAX
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Launched about a week ago, Stars Arena quickly garnered the communityโs attention, perhaps due to its many similarities to the Ethereum-based Friend.Tech project. Within this timeframe, the protocolโs followers on X have soared to over 25,000.
Launched about a week ago, Stars Arena quickly garnered the communityโs attention, perhaps due to its many similarities to the Ethereum-based Friend.Tech project. Within this timeframe, the protocolโs followers on X have soared to over 25,000.
#AVAX
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Forwarded from Laqira Giveaway
Let's Go 8rnd
End time: Mar/25/2024
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https://x.com/laqiraprotocol/status/1771204420979614163?s=46
New Listing on #LAQIDEX #LQR ๐ฅ
https://laqidex.com/
#Bitcoin #BNB
@BNBCHAIN #Chainlink @chainlink
#SHIB #DOT #USDT #CAKE #SOL #Solana #ETH #XRP #USDC #ada #Cardano #DOGE #AVAX #TON #Matic #NEAR #BCH #UNI #JFIVE #DAI #ATOM #FIL #BTC
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LaqiraProtocol Announcement: #AVAX, #SHIB, #DOT, #BCH, #DAI and #NEAR listed on LaqiraPay.
LaqiraPay is a fully decentralized, asset-agnostic, multi-network payment gateway with enhanced flexibility and security through blockchain technology (Chainlink price feeds), offering transparent financial statements and in-app wallet features for users.
Link: LaqiraHub.com
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LaqiraPay is a fully decentralized, asset-agnostic, multi-network payment gateway with enhanced flexibility and security through blockchain technology (Chainlink price feeds), offering transparent financial statements and in-app wallet features for users.
Link: LaqiraHub.com
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