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Avalanche (AVAX) Rises in L1 Attention Rankings: A Potential Breakthrough Year Ahead
AVAX
AVAX/USDT
$9.56
-5.44%
$9.56
-5.44%
(24s)24h Volume
$355,977,801.13
24h H/L
$10.17 / $9.45
Change: $0.7200 (7.62%)
Long/Short
70.2%
Long: 70.2%Short: 29.8%
Funding Rate
+0.0054%
Longs pay
Data provided by COINOTAG DATALive data
COINOTAG News reported on January 15th that managing partner of Dragonfly Capital, Haseeb Qureshi, highlighted the growing significance of Avalanche (AVAX) in the competitive landscape of layer 1 blockchains. According to Qureshi, Avalanche ranks fifth in attention among its peers, sharing the spotlight with Sui and outperforming notable platforms such as BNB, TON, and Tron. With a notable shift towards on-chain integration expected from institutions and companies by 2025, Avalanche might be poised for a transformative year ahead. This strategic positioning underscores Avalanche’s potential to attract institutional interest in the evolving blockchain ecosystem.
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