Avalanche Powers Littio’s New USD Savings Accounts in Latin America

Littio, a Colombian neobank, has joined forces with Avalanche to offer interest-bearing USD accounts through Opentrade’s blockchain-based platform. The partnership aims to provide financial solutions to Latin Americans facing high inflation and currency devaluation. Neobank Littio Uses Avalanche to Boost Financial Services in Latin America Littio, known for its mobile banking services, is using Opentrade’s … Read more

Avalanche Set For Major Upgrade With Avalanche 9000, Gaining Investor Attention

Avalanche ($AVAX) has recently been in the spotlight, with Franklin Templeton adding the token to its blockchain fund and Grayscale Investments launching an Avalanche Trust. As a Layer 1 blockchain network, Avalanche, which launched in May 2019 and went live on mainnet in September 2021, is preparing for its most significant upgrade yet—Avalanche 9000. Avalanche … Read more

AVAX’s Rollercoaster Ride: A Surge, A Correction, And What’s Next

At the end of 2023, AVAX experienced a dramatic surge, skyrocketing from $9 to $44 in just two months. However, the price has since settled around $20, a level that previously served as resistance. Currently, there’s little on-chain resistance to hinder AVAX’s price movement, leaving its trajectory largely dependent on broader market sentiment. At the … Read more

Avalanche Reports Robust Growth In Q2 2024 Financial And Network Metrics

Avalanche has reported impressive growth in its Q2 2024 financial and network metrics, signaling strong performance and adoption. During this quarter, Avalanche’s fees and revenue totaled $3.5 million, reflecting the platform’s increasing utility and engagement. Meanwhile, AVAX trading volume surged to $42.5 billion, marking a remarkable 165% increase compared to the same period last year. … Read more