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Cryptorank

AVAX on Fire: Traders Target $140 as Avalanche DeFi Heats Up


by Olivia Stephanie
for CryptoPotato
AVAX on Fire: Traders Target $140 as Avalanche DeFi Heats Up

TL;DR

  • Avalanche DeFi TVL rose to $1.5 billion, driven by faster speeds and lower fees following the upgrade.
  • Daily AVAX activity surged, with 519K users and 10M transactions recorded across chains.
  • AVAX is testing a multi-year trendline, with a potential breakout targeting $140 next.

DeFi Activity Rises After Network Upgrade

Avalanche’s DeFi ecosystem has grown sharply over the last quarter. Total value locked (TVL) climbed 37%, reaching $1.5 billion, after the launch of the Octane upgrade, which introduced faster transaction confirmations, lower fees, and a smoother user interface.

Read the article at CryptoPotato

Read More

Will AAVE Hit $600 or Fall to $230? Traders Split

Will AAVE Hit $600 or Fall to $230? Traders Split

TL;DR AAVE is holding above range lows with traders watching for a breakout toward $...
Rounding Bottom? DOGE Could Repeat 2024’s Rally and Surge to $0.80

Rounding Bottom? DOGE Could Repeat 2024’s Rally and Surge to $0.80

TL;DR Dogecoin shows a rounding bottom with a converging triangle, and $0.29 remains...

AVAX on Fire: Traders Target $140 as Avalanche DeFi Heats Up


by Olivia Stephanie
for CryptoPotato
AVAX on Fire: Traders Target $140 as Avalanche DeFi Heats Up

TL;DR

  • Avalanche DeFi TVL rose to $1.5 billion, driven by faster speeds and lower fees following the upgrade.
  • Daily AVAX activity surged, with 519K users and 10M transactions recorded across chains.
  • AVAX is testing a multi-year trendline, with a potential breakout targeting $140 next.

DeFi Activity Rises After Network Upgrade

Avalanche’s DeFi ecosystem has grown sharply over the last quarter. Total value locked (TVL) climbed 37%, reaching $1.5 billion, after the launch of the Octane upgrade, which introduced faster transaction confirmations, lower fees, and a smoother user interface.

Read the article at CryptoPotato

Read More

Will AAVE Hit $600 or Fall to $230? Traders Split

Will AAVE Hit $600 or Fall to $230? Traders Split

TL;DR AAVE is holding above range lows with traders watching for a breakout toward $...
Rounding Bottom? DOGE Could Repeat 2024’s Rally and Surge to $0.80

Rounding Bottom? DOGE Could Repeat 2024’s Rally and Surge to $0.80

TL;DR Dogecoin shows a rounding bottom with a converging triangle, and $0.29 remains...