Here’s how Avalanche [AVAX] is responding to a slew of good developmental news - Aliens: AI Crypto News & Markets Updates
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Here’s how Avalanche [AVAX] is responding to a slew of good developmental news

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AMB Crypto

Sat, May 14, 2022

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Aliens TLDR

Down by 11% at press time, Avalanche [AVAX] lost over 30% of its value in a day.

Avalanche is a blazing fast, low cost, and eco-friendly ecosystem.

Not just this, the Avalanche network hit an all-time high in daily transactions.

Today, the Avalanche network hit All-Time High in daily transactions.

Today, right now” Avalanche seemed to be attracting users who wanted Ethereum without losing their cash to Ethereum’s high gas fees .

This table shows the transaction fee schedule: In addition, the AVAX development activity had fallen at press time.

In fact, the development activity at press time was higher than it was when AVAX traded at around $70.

AVAX’s rally in the past was mainly anchored by the DeFi growth in the Avalanche ecosystem.

However, at press time, AVAX suffered a 9% correction as it traded around the $31 mark.

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