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NFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior

After cryptocurrency assets jumped in value this week, following the Federal Reserve’s rate hike on Wednesday, non-fungible token (NFT) weekly sales volume data shows an improvement from last week’s sales…

Continue ReadingNFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior

Avalanche price can double by summer as AVAX’s 20% weekly rally rekindles ‘bull flag’

But a near-perfect correlation between Avalanche and Bitcoin so far this year could spoil the bullish outlook.

Continue ReadingAvalanche price can double by summer as AVAX’s 20% weekly rally rekindles ‘bull flag’

Biggest Movers: RUNE Rises by Over 15%, as FTM and AVAX Trend Lower

Thorchain (RUNE) rallied to its highest level since January, as cryptocurrency markets started the week mainly in the red. Avalanche (AVAX) was one of these cryptocurrencies trading lower on Monday,…

Continue ReadingBiggest Movers: RUNE Rises by Over 15%, as FTM and AVAX Trend Lower

More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols

In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in…

Continue ReadingMore Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols

Avalanche Foundation Launches $290 Million ‘Multiverse’ Incentives Program for Subnets

The Avalanche Foundation has announced a new incentives program to support the use of subnets. The organization announced that the program, dubbed “Multiverse,” will connect developers with a fund of…

Continue ReadingAvalanche Foundation Launches $290 Million ‘Multiverse’ Incentives Program for Subnets