The latest news about Avalanche (AVAX), an open source blockchain that enables the development of Smart Contracts and Decentralized Applications (DApps).
Since its launch in 2020, it has had an exponential growth in terms of number of users and projects being developed on it.
Its native token, AVAX, is one of the most valued cryptocurrencies today and has multiple functions within the platform. It functions as a means of reward for network users.
Avalanche uses a Proof-of-stake (PoS) consensus protocol that rewards participants for staking their tokens.
Layer 1 blockchain Avalanche (AVAX) has joined forces with Alibaba Group’s digital technology and intelligence division, Alibaba Cloud to help businesses build, launch and maintain their
Avalanche prices are struggling to push higher despite the recent Cortina upgrade. AVAX resistance remains at $18.
There are a number of features that Ava Labs will be launching on AWS through the Avalanche project, including tools for the validation and validation of
After a decent rise in July, the crypto market struggled to extend gains this month. Bitcoin (BTC) plunged below the 23K mark with a drop of
The popular cryptocurrency exchange, Coinbase, has tried to improve its working ecosystem for the convenience of users. Recently, Coinbase has expanded its trading features considerably to
The cryptocurrency market witnessed a collapse of Terra LUNA and UST tokens in a short period of time. This crash shook the whole crypto ecosystem and
![Avalanche [AVAX] leads rebound; More upside incoming?](https://crypto-economy.com//wp-content/uploads/2021/12/miguel-oros-LmsppeMVX2Y-unsplash-e1639738411164.jpg)
Avalanche has enjoyed significant interest from market participants this year. After a major rebound near the $78-area, its native token AVAX was up by more than
![Avalanche [AVAX] Attracts Fresh Capital; Records 31% Gains](https://crypto-economy.com//wp-content/uploads/2021/12/shiro-hatori-WR-ifjFy4CI-unsplash-e1639592657897.jpg)
Defying the unimpressive market conditions, Avalanche’s native token, AVAX has managed to pull a rally that netted over 31% gains in the last two days alone.
Avalanche (AVAX) pushed out Dogecoin (DOGE) from the top 10 crypto assets by market cap list on Sunday, November 21, and was the 10th largest asset by market cap in the early hours of Monday.
![Avalanche's [AVAX] Rally May Not Stop Just Yet](https://crypto-economy.com//wp-content/uploads/2021/11/marc-sendra-martorell-Vqn2WrfxTQ-unsplash-e1637209096700.jpg)
The losses sparked a major sell-off across the board this week. Avalanche [AVAX], on the other hand, has decoupled from the rest of the market and
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