Home / BITCOIN / Avalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto Markets

Avalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto Markets

Cryptocurrency deal ins have started to recuperate from last week’s losses as bitcoin, ethereum, and a slew of digital assets father seen slight gains. However, the cryptocurrency avalanche has seen its value skyrocket this past week 46.9% squiffy over the last seven days. Avalanche has also crept into the top ten digital asset market valuations with its $31.5 billion hawk cap. On November 21, avalanche tapped an all-time price high at $144 per unit as the crypto asset has gained a terrible 3,795% in 12 months.

Avalanche Value Spikes Over 20% Over the Last 24 Hours

The crypto asset avalanche (AVAX) has distended a great deal over the last 24 hours jumping in value more than 21%. Besides festive (GALA), avalanche is the biggest crypto asset gainer during the last day. On Sunday, AVAX reached an all-time intoxication (ATH) at over $144 per unit and has entered the top ten cryptocurrencies by market capitalization. AVAX’s market is just below the stablecoin buy usd coin’s (USDC) $36.2 billion capitalization.

Seven-day statistics indicate that AVAX has climbed 46.9% in seven periods, 83% in two weeks, over 133% during the last three months, and year-to-date, AVAX is up 3,795%. Tether (USDT) compels 63.84% of today’s AVAX swaps while the U.S. dollar has around 14.23% of AVAX trades. This is followed by interchange pairs such as BTC (9.58%), BUSD (5.56%), TRY (3.86%), ETH (1.33%), and BNB (0.79%).

Avalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto Markets

The most active crypto trading platform trading avalanche (AVAX) on Sunday is Binance. The exchange Binance is followed by Okex, Trader Joe, Huobi Pro, Bitfinex, and Coinbase in courses of AVAX trades. Defillama metrics show that AVAX holds the fourth-largest total value locked (TVL) in decentralized banking (defi) with $12.74 billion. In the last 24 hours, the TVL increased 10.85% and over the last week, it increased 20.95%.

The Avalanche-based decentralized reciprocate (dex) Trader Joe has seen a 34% increase in users over the last seven days and $1.1 billion in global do business volume. The dex Trader Joe is the second-largest platform in terms of trade volume below Uniswap’s $4.29 billion in weekly swaps. Distributor Joe is also the sixth-largest defi protocol in terms of TVL with $2.59 billion total value locked on Sunday. Furthermore, Avalanche-based reminders like joe (JOE) and wonderland (TIME) have been rising in value alongside the native currency AVAX.

Tags in this chronicle
All time high, Avalanche, Avalanche (AVAX), Avalanche Market, AVAX ATH, AVAX market cap, AVAX trades, AVAX exchange, Binance, crypto assets, DeFi, Dex platform, Exchanges, Joe (JOE), Stablecoins, Trader Joe, TVL, USDT, Wonderland (TIME)

What do you create about Avalanche hitting an all-time high and making it into the top ten crypto assets in terms of market cap? Let us know what you suppose about this subject in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, tradingview,

Disclaimer: This article is for informational purposes on the contrary. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not cater investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss called or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Read disclaimer

Check Also

Thailand Plans to Become ‘Crypto-Positive Society’ — Governor Says ‘Crypto Is the Future’

Thailand is save up the groundwork to become a “crypto-positive society” with the aim to …

Leave a Reply

Your email address will not be published. Required fields are marked *