While Ethereum (ETH) has started to write down losses in recent days, its rival cryptocurrency, Avalanche (AVAX), has moved in the opposite direction, not only advancing 38% in the week during which Ethereum declined over 4% but also skyrocketing over 100% in the last month as its competitor only gained 6%.
Indeed, Avalanche has made some impressive gains in recent weeks, briefly crossing the important psychological threshold at $40 before reverting back below it, but not without making its mark in the currently lagging market that has also seen Bitcoin (BTC) drop nearly 7% in the last week, as per data on December 13.
Speaking of the flagship decentralized finance (DeFi) asset, Avalanche has also surpassed its performance, with an impressive yearly return of more than 200%, according to the recent chart information shared by the blockchain and crypto market analytics platform IntoTheBlock on December 12.
AVAX performance vs. other cryptos. Source: IntoTheBlock
Furthermore, Avalanche h
We współpracy z: https://finbold.com/this-ethereums-rival-has-skyrocketed-100-in-a-month-heres-how/
