IS IT TOO LATE TO BUY AVALANCHE AVAX IN 2024? AVAX News & Price Prediction

IS IT TOO LATE TO BUY AVALANCHE AVAX IN 2024? AVAX News & Price Prediction

Avalanche (AVAX) has truly gained popularity among cryptocurrency investors because of its robust ecosystem, low transaction fees and flexible DeFi options. Its value dramatically increased in the fourth quarter of 2023, skyrocketing from $9 to $48. and currently trading at $60

TVL on Avalanche crossed the $1 billion mark, peaking at $1.53B on Dec 23. and is at $1.255B at the time of shooting.

With its innovative approach to consensus, Avalanche offers unparalleled speed, scalability, and security.

Avalanche’s ecosystem is rapidly expanding, attracting developers, enterprises, and users from around the world. It supports a wide range of applications, from decentralized finance (DeFi) to non-fungible tokens (NFTs) and beyond, enabling developers to build efficient, secure, and innovative solutions on a robust platform.

In this video we’re gonna give you some insight on Avalanche Network latest news and updates and Why you should remain optimistic in 2024 and beyond, furthermore we will also look at some price predictions for 2024 – 2025

One of Avalanche’s main initiatives for 2023 was to onboard institutions and enterprises onto the network. In Q2, Evergreen subnets launched, which allow anyone to create a subnet with customizable KYC/AML requirements and unique privacy capabilities. In Q4, Avalanche announced the following partnerships related to Evergreen:

1. In November, J.P. Morgan announced that its bank-led blockchain platform, Onyx, would be utilizing LayerZero to connect to a permissioned Evergreen subnet. This collaboration was part of a broader initiative called Project Guardian, a collaboration between the Monetary Authority of Singapore (MAS) and the financial industry. Through this partnership, WisdomTree Prime demonstrated a proof-of-concept where it could facilitate subscriptions and redemptions for its fund product offerings.

2. Also in November, Avalanche announced that Citi used permissioned Evergreen subnets to execute foreign exchange swaps as a part of Project Guardian. The application being built could be used for trading any currency pair.

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