Avalanche Value Rises, Hits All-Time High, AVAX Joins Top Ten Crypto Markets – Markets and Prices

Cryptocurrency markets have begun to recover from last week's losses as Bitcoin, Ethereum and a number of digital assets posted slight gains. However, over the past week, the value of the cryptocurrency avalanche has skyrocketed by 46.9% in the last seven days. Avalanche has also crept into the top ten digital asset market valuations with a market cap of $31.5 billion. On November 21st, the avalanche hit an all-time high of $144 per unit as the crypto asset gained a whopping 3,795% in 12 months.

Avalanche value increases by over 20% in the last 24 hours

The crypto asset Avalanche (AVAX) has surged in the last 24 hours, increasing in value by more than 21%. Along with Gala (GALA), Avalanche is the biggest crypto asset gainer in the last day. On Sunday, AVAX hit an all-time high (ATH) of over $144 per unit, entering the top ten cryptocurrencies by market cap. AVAX’s market is just under the stablecoin market usd coin’s (USDC) $36.2 billion capitalization.

Seven-day statistics show that AVAX is up 46.9% in seven days, up 83% in two weeks, over 133% in the last three months, and year-to-date AVAX is up 3,795%. tether ( USDT ) dominates 63.84% of today's AVAX swaps, while the US dollar accounts for around 14.23% of AVAX trades. Following are trading pairs like BTC (9.58%), BUSD (5.56%), TRY (3.86%), ETH (1.33%) and BNB (0.79%).

The most active crypto trading platform for exchanges Avalanche (AVAX) Sunday is Binance. The Binance exchange is followed by Okex, Trader Joe, Huobi Pro, Bitfinex and Coinbase in terms of AVAX trades. Defillama metrics show that AVAX with 12.74 billion. In the last 24 hours, the TVL increased by 10.85% and in the last week it increased by 20.95%.

Avalanche-based decentralized exchange (Dex) Trader Joe has seen a 34% increase in users and $1.1 billion in global trading volume over the past seven days. The Trader Joe's dex is the second largest platform in terms of trading volume, below Uniswap's $4.29 billion in weekly swaps. Trader Joe's is also the sixth largest Defi protocol regarding TVL with a total value of $2.59 billion locked on Sunday. Additionally, Avalanche-based tokens such as Joe (JOE) and Wonderland (TIME) have increased in value alongside the native currency AVAX.

What do you think about Avalanche hitting an all-time high and making it into the top ten crypto assets in terms of market cap? Let us know your thoughts on this topic in the comments below.

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