Cryptocurrency

Avax Smashes a New ATH, Surges to Over 2600% in a Year

  • AVAX sets new ATH.
  • Avalanche stays on the top 15 crypto assets in CoinGecko.

The crypto market never fails to surprise its investors around the world. This time, Avalanche (AVAX), one of the aggressive digital assets in space, exploded as it hit a new all-time high. In detail, AVAX was able to record a bullish trading price amounting to over $105. In addition, it has recorded a one-year growth rate of almost +2700%.

In terms of market position, the crypto has a huge market cap amounting to more than $23 billion. This overwhelming market cap helps the crypto maintain its current position as one of the top 15 assets in Coingecko. Indeed, this performance of the crypto catches the attention of investors around the world.

Furthermore, AVAX also announced that it would be partnering with the Deloitte accounting firm. This collaboration will provide a faster disaster relief platform using the Avalanche blockchain.

Emin Gün Sirer, the Founder and CEO of Avalabsofficial, explained:

Ava Labs is thrilled to announce its partnership with Deloitte to build more efficient disaster relief platforms using the Avalanche blockchain. This effort combines the speed, resilience and adaptability of Avalanche, and Deloitte’s Fortune 100 enterprise knowledge.

On the other hand, AVAX is just one of the virtual assets that are making noise in the crypto market. There are many crypto-assets such as ETH, CRO, and BTC, to name a few, that are now skyrocketing towards the moon. Through this, we can say that the crypto ecosystem is now ready more than ever to take over the global financial industry

Hope Adeniran

A Nigerian entrepreneur blogger, Fish technologist and tech savvy. I write for blogs including CyberConnect.com.ng. You can connect with me on hope@cyberconnect.com.ng.

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