Avalanche (AVAX) recently surpassed the upper boundary of a descending channel on May 13, leading to an approximately 10% increase in its price. Yet, indications from on-chain data hint at a potential downturn in demand for the altcoin throughout the past week.
Read MoreDan Gambardello, a prominent market analyst and founder of CryptoCapitalVenture, has identified Cardano (ADA) as a potential beneficiary following the SEC’s recent approval of spot Ethereum exchange-traded funds (ETFs).
Read MoreToken unlocks involve the release of previously restricted tokens according to fundraising agreements. Projects meticulously plan these releases to mitigate market pressure and minimize potential declines in token values.
Read MoreAvalanche has been grappling with a persistent struggle to break through its price range, fluctuating between $30 to $39 for several weeks. As of the current writing, the price of Avalanche (AVAX) sits at $34.98, accompanied by a market cap of $13,366,945,544.
Read MoreEmin Gun Sirer, the founder of Avalanche, has taken aim at certain anonymous cryptocurrency inventors who are disguising fake tokens that pose a risk to investors.
Read MoreOver the past few weeks, Avalanche [AVAX] has seen a major decrease in price after reaching all-time highs in March.
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