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Crypto Guide

The number of transactions is exploding on Avalanche (AVAX)!

The evolution of the ecosystem creates many surprises over time. After a tough competition between the top two cryptos in terms of market capitalization, Avalanche is causing a stir in the markets. Today, the number of transactions has broken all records and is ahead of Ethereum…

ethereum crypto avalanche

Avalanche (AVAX), very pleasant to use?

The crypto ecosystem is complex and difficult to pin down. And every day brings new twists and turns. The volatility of the sector makes it a constantly moving environment that we must keep an eye on to avoid many risks. While the eyes are still focused on the hypothetical explosion of bitcoin, successful Avalanche has attracted attention and exceeded all predictions.

Indeed, the number of transactions on the platform has exceeded 1.5 million today. It’s a big surprise, but that’s not all! This score is significantly higher than that of Ethereum (ETH) and the two largest Layer 2s combined.

The blockchain is in constant development and its new features certainly play a big role in this resounding success. With 17 million AVAX tokens in play, it is not surprising that the platform attracts so many people. However, its biggest asset is certainly the fact that Core Wallet now supports several EVM-compatible channels.

Core Wallet, AVAX’s weapon of war?

Avalanche’s restructuring seems to be blockchain-friendly. Indeed, the native crypto of the platform is in great shape. After a downtrend that propelled the crypto to $13.78, the token is gradually recovering. Currently, the cryptocurrency is trading at $27.40, and is up 1.50% according to the data from CoinMarketCap.

However, this is not what is attracting attention at the moment. Ranked twelfth in the list of the best cryptos, Avalanche surprises investors more and more. The platform announced yesterday that Core, its wallet, will now support blockchains compatible with the Ethereum Virtual Machine (EVM). In addition, this update also includes compatibility with future Avalanche subnets.

The development of Avalanche shows the evolution of the crypto sector. Indeed, the intentions of the founders of the network are clear: to facilitate the user experience. As a result, the new Core Wallet features join this point of view, and are one more step towards achieving perfection.

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Eddy Senga avatar
Eddy Senga

The world is changing and adaptation is the best weapon to survive in this undulating universe. Crypto community manager at the core, I am interested in everything related directly or indirectly to the blockchain and its derivatives. In order to share my experience and make known a field that I am passionate about, there is nothing better than writing informative and casual articles at the same time.

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