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$\"Avalanche$

Credits: Avaxholic \/ Twitter<\/figcaption><\/figure>\n\n\n\n

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Avalanche Soars To New Highs Despite Crypto Winter

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\n
$\"\"$
Source: Avaxholic \/Twitter<\/figcaption><\/figure>\n\n\n\n
$\"Avalanche$
Credits: Avaxholic \/ Twitter<\/figcaption><\/figure>\n\n\n\n
See related:<\/strong> Tether\u2019s Blockchain Expands After USDT Goes Live On Avalanche<\/a><\/p>\n","post_title":"Avalanche Soars To New Highs Despite Crypto Winter","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"avalanche-soars-to-new-highs-despite-crypto-winter","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-virtual-machine\/","post_modified":"2023-04-30 21:32:52","post_modified_gmt":"2023-04-30 11:32:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Regardless of Avalanche's all-time highs, it has a still declining monthly chart but this is due to the bearish market conditions, macroeconomics, and its tokenomics<\/a>. Nonetheless, Avalanche users are confident in the blockchain, and adoption has only increased regardless of the laid-up market.<\/li><\/ul>\n\n\n\n
$\"\"$
Source: Avaxholic \/Twitter<\/figcaption><\/figure>\n\n\n\n
$\"Avalanche$
Credits: Avaxholic \/ Twitter<\/figcaption><\/figure>\n\n\n\n
See related:<\/strong> Tether\u2019s Blockchain Expands After USDT Goes Live On Avalanche<\/a><\/p>\n","post_title":"Avalanche Soars To New Highs Despite Crypto Winter","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"avalanche-soars-to-new-highs-despite-crypto-winter","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-virtual-machine\/","post_modified":"2023-04-30 21:32:52","post_modified_gmt":"2023-04-30 11:32:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Avalanche Soars To New Highs Despite Crypto Winter

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\n
Circle customers can mint<\/a> native Avalanche USDC from the Circle Account instead of using a bridged<\/a> form of Ethereum USDC which was generating friction due to associated fees. This overtime allowed USDC native supply to peaked<\/a> at 1.66 million.<\/li><\/ul>\n\n\n\n
Regardless of Avalanche's all-time highs, it has a still declining monthly chart but this is due to the bearish market conditions, macroeconomics, and its tokenomics<\/a>. Nonetheless, Avalanche users are confident in the blockchain, and adoption has only increased regardless of the laid-up market.<\/li><\/ul>\n\n\n\n
$\"\"$
Source: Avaxholic \/Twitter<\/figcaption><\/figure>\n\n\n\n
$\"Avalanche$
Credits: Avaxholic \/ Twitter<\/figcaption><\/figure>\n\n\n\n
See related:<\/strong> Tether\u2019s Blockchain Expands After USDT Goes Live On Avalanche<\/a><\/p>\n","post_title":"Avalanche Soars To New Highs Despite Crypto Winter","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"avalanche-soars-to-new-highs-despite-crypto-winter","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-virtual-machine\/","post_modified":"2023-04-30 21:32:52","post_modified_gmt":"2023-04-30 11:32:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
A good chunk of transaction volume is coming from gamers. Thanks to high-profile games such as Crypto Blades<\/a> joining the space GameFi, Avalanche is exploding in transactions. The main reason for this move is because they are choosing Avalanche for its fast speeds and low transaction fees.<\/li><\/ul>\n\n\n\n
Circle customers can mint<\/a> native Avalanche USDC from the Circle Account instead of using a bridged<\/a> form of Ethereum USDC which was generating friction due to associated fees. This overtime allowed USDC native supply to peaked<\/a> at 1.66 million.<\/li><\/ul>\n\n\n\n
Regardless of Avalanche's all-time highs, it has a still declining monthly chart but this is due to the bearish market conditions, macroeconomics, and its tokenomics<\/a>. Nonetheless, Avalanche users are confident in the blockchain, and adoption has only increased regardless of the laid-up market.<\/li><\/ul>\n\n\n\n
$\"\"$
Source: Avaxholic \/Twitter<\/figcaption><\/figure>\n\n\n\n
$\"Avalanche$
Credits: Avaxholic \/ Twitter<\/figcaption><\/figure>\n\n\n\n
See related:<\/strong> Tether\u2019s Blockchain Expands After USDT Goes Live On Avalanche<\/a><\/p>\n","post_title":"Avalanche Soars To New Highs Despite Crypto Winter","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"avalanche-soars-to-new-highs-despite-crypto-winter","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-virtual-machine\/","post_modified":"2023-04-30 21:32:52","post_modified_gmt":"2023-04-30 11:32:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Avalanche Soars To New Highs Despite Crypto Winter

August 30, 2022 - Updated on April 30, 2023

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\n
Many data variables reflect growth in adoption and utility. NFTs<\/a> sales in Avalanche triumphed at going slightly above the 250k USD range. Additionally, USDC stablecoin<\/a> demand on Avalanche increased which led to a rise in its USDC native supply. These Avalanche all-time highs during this economic downturn give us an indication of the prominent future performance of this blockchain.<\/li><\/ul>\n\n\n\n
A good chunk of transaction volume is coming from gamers. Thanks to high-profile games such as Crypto Blades<\/a> joining the space GameFi, Avalanche is exploding in transactions. The main reason for this move is because they are choosing Avalanche for its fast speeds and low transaction fees.<\/li><\/ul>\n\n\n\n
Circle customers can mint<\/a> native Avalanche USDC from the Circle Account instead of using a bridged<\/a> form of Ethereum USDC which was generating friction due to associated fees. This overtime allowed USDC native supply to peaked<\/a> at 1.66 million.<\/li><\/ul>\n\n\n\n
Regardless of Avalanche's all-time highs, it has a still declining monthly chart but this is due to the bearish market conditions, macroeconomics, and its tokenomics<\/a>. Nonetheless, Avalanche users are confident in the blockchain, and adoption has only increased regardless of the laid-up market.<\/li><\/ul>\n\n\n\n
$\"\"$
Source: Avaxholic \/Twitter<\/figcaption><\/figure>\n\n\n\n
$\"Avalanche$
Credits: Avaxholic \/ Twitter<\/figcaption><\/figure>\n\n\n\n
See related:<\/strong> Tether\u2019s Blockchain Expands After USDT Goes Live On Avalanche<\/a><\/p>\n","post_title":"Avalanche Soars To New Highs Despite Crypto Winter","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"avalanche-soars-to-new-highs-despite-crypto-winter","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-virtual-machine\/","post_modified":"2023-04-30 21:32:52","post_modified_gmt":"2023-04-30 11:32:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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Avalanche Soars To New Highs Despite Crypto Winter

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\n
\nhttps:\/\/twitter.com\/_PatrickSutton\/status\/1562525243414958080\n<\/div><\/figure>\n\n\n\n
Many data variables reflect growth in adoption and utility. NFTs<\/a> sales in Avalanche triumphed at going slightly above the 250k USD range. Additionally, USDC stablecoin<\/a> demand on Avalanche increased which led to a rise in its USDC native supply. These Avalanche all-time highs during this economic downturn give us an indication of the prominent future performance of this blockchain.<\/li><\/ul>\n\n\n\n
A good chunk of transaction volume is coming from gamers. Thanks to high-profile games such as Crypto Blades<\/a> joining the space GameFi, Avalanche is exploding in transactions. The main reason for this move is because they are choosing Avalanche for its fast speeds and low transaction fees.<\/li><\/ul>\n\n\n\n
Circle customers can mint<\/a> native Avalanche USDC from the Circle Account instead of using a bridged<\/a> form of Ethereum USDC which was generating friction due to associated fees. This overtime allowed USDC native supply to peaked<\/a> at 1.66 million.<\/li><\/ul>\n\n\n\n
Regardless of Avalanche's all-time highs, it has a still declining monthly chart but this is due to the bearish market conditions, macroeconomics, and its tokenomics<\/a>. Nonetheless, Avalanche users are confident in the blockchain, and adoption has only increased regardless of the laid-up market.<\/li><\/ul>\n\n\n\n
$\"\"$
Source: Avaxholic \/Twitter<\/figcaption><\/figure>\n\n\n\n
$\"Avalanche$
Credits: Avaxholic \/ Twitter<\/figcaption><\/figure>\n\n\n\n
See related:<\/strong> Tether\u2019s Blockchain Expands After USDT Goes Live On Avalanche<\/a><\/p>\n","post_title":"Avalanche Soars To New Highs Despite Crypto Winter","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"avalanche-soars-to-new-highs-despite-crypto-winter","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-virtual-machine\/","post_modified":"2023-04-30 21:32:52","post_modified_gmt":"2023-04-30 11:32:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Avalanche Soars To New Highs Despite Crypto Winter

August 30, 2022 - Updated on April 30, 2023

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December 3, 2024

Subscribe To Our Newsletter

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\n
There have been<\/a> 32.7 million transactions in August with seven days to spare. Moreover, comparing Avalanche's transaction monthly rate of change with other EVM<\/a>-compatible blockchains, Avalanche runs ahead at 18.8% with Fantom in second place at 12.6%.<\/li><\/ul>\n\n\n\n
\nhttps:\/\/twitter.com\/_PatrickSutton\/status\/1562525243414958080\n<\/div><\/figure>\n\n\n\n
Many data variables reflect growth in adoption and utility. NFTs<\/a> sales in Avalanche triumphed at going slightly above the 250k USD range. Additionally, USDC stablecoin<\/a> demand on Avalanche increased which led to a rise in its USDC native supply. These Avalanche all-time highs during this economic downturn give us an indication of the prominent future performance of this blockchain.<\/li><\/ul>\n\n\n\n
A good chunk of transaction volume is coming from gamers. Thanks to high-profile games such as Crypto Blades<\/a> joining the space GameFi, Avalanche is exploding in transactions. The main reason for this move is because they are choosing Avalanche for its fast speeds and low transaction fees.<\/li><\/ul>\n\n\n\n
Circle customers can mint<\/a> native Avalanche USDC from the Circle Account instead of using a bridged<\/a> form of Ethereum USDC which was generating friction due to associated fees. This overtime allowed USDC native supply to peaked<\/a> at 1.66 million.<\/li><\/ul>\n\n\n\n
Regardless of Avalanche's all-time highs, it has a still declining monthly chart but this is due to the bearish market conditions, macroeconomics, and its tokenomics<\/a>. Nonetheless, Avalanche users are confident in the blockchain, and adoption has only increased regardless of the laid-up market.<\/li><\/ul>\n\n\n\n
$\"\"$
Source: Avaxholic \/Twitter<\/figcaption><\/figure>\n\n\n\n
$\"Avalanche$
Credits: Avaxholic \/ Twitter<\/figcaption><\/figure>\n\n\n\n
See related:<\/strong> Tether\u2019s Blockchain Expands After USDT Goes Live On Avalanche<\/a><\/p>\n","post_title":"Avalanche Soars To New Highs Despite Crypto Winter","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"avalanche-soars-to-new-highs-despite-crypto-winter","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-virtual-machine\/","post_modified":"2023-04-30 21:32:52","post_modified_gmt":"2023-04-30 11:32:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Avalanche Soars To New Highs Despite Crypto Winter

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\n
Avalanche (AVAX) has achieved a new landmark. Despite the bear market rally and Jerome Powell drawdown, Avalanche hit many all-time highs in terms of transactions and user activity.<\/p>\n\n\n\n
There have been<\/a> 32.7 million transactions in August with seven days to spare. Moreover, comparing Avalanche's transaction monthly rate of change with other EVM<\/a>-compatible blockchains, Avalanche runs ahead at 18.8% with Fantom in second place at 12.6%.<\/li><\/ul>\n\n\n\n
\nhttps:\/\/twitter.com\/_PatrickSutton\/status\/1562525243414958080\n<\/div><\/figure>\n\n\n\n
Many data variables reflect growth in adoption and utility. NFTs<\/a> sales in Avalanche triumphed at going slightly above the 250k USD range. Additionally, USDC stablecoin<\/a> demand on Avalanche increased which led to a rise in its USDC native supply. These Avalanche all-time highs during this economic downturn give us an indication of the prominent future performance of this blockchain.<\/li><\/ul>\n\n\n\n
A good chunk of transaction volume is coming from gamers. Thanks to high-profile games such as Crypto Blades<\/a> joining the space GameFi, Avalanche is exploding in transactions. The main reason for this move is because they are choosing Avalanche for its fast speeds and low transaction fees.<\/li><\/ul>\n\n\n\n
Circle customers can mint<\/a> native Avalanche USDC from the Circle Account instead of using a bridged<\/a> form of Ethereum USDC which was generating friction due to associated fees. This overtime allowed USDC native supply to peaked<\/a> at 1.66 million.<\/li><\/ul>\n\n\n\n
Regardless of Avalanche's all-time highs, it has a still declining monthly chart but this is due to the bearish market conditions, macroeconomics, and its tokenomics<\/a>. Nonetheless, Avalanche users are confident in the blockchain, and adoption has only increased regardless of the laid-up market.<\/li><\/ul>\n\n\n\n
$\"\"$
Source: Avaxholic \/Twitter<\/figcaption><\/figure>\n\n\n\n
$\"Avalanche$
Credits: Avaxholic \/ Twitter<\/figcaption><\/figure>\n\n\n\n
See related:<\/strong> Tether\u2019s Blockchain Expands After USDT Goes Live On Avalanche<\/a><\/p>\n","post_title":"Avalanche Soars To New Highs Despite Crypto Winter","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"avalanche-soars-to-new-highs-despite-crypto-winter","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-virtual-machine\/","post_modified":"2023-04-30 21:32:52","post_modified_gmt":"2023-04-30 11:32:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6747","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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AVAX

Altcoins

Avalanche Soars To New Highs Despite Crypto Winter

Avalanche (AVAX) has achieved a new landmark. Despite the bear market rally and Jerome Powell drawdown, Avalanche hit many all-time ...

by Angel Sanchez
August 30, 2022

Most Read

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Avalanche Soars To New Highs Despite Crypto Winter

August 30, 2022 - Updated on April 30, 2023

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Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

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