Standard Chartered thinks the price of Avalanche's AVAX token could dramatically increase over the next few years, outpacing Bitcoin's gains.

Chainlink is currently trading at a crucial demand zone after enduring heavy selling pressure throughout Q1 of this year. Like many altcoins, LINK has struggled to recover in the face of broader macroeconomic instability and a hostile market environment fueled by U.S. President Donald Trump's unpredictable policy decisions.

Standard Chartered's Geoffrey Kendrick said he likes Avalanche's approach to scaling, particularly after the recent Etna upgrade.

Japanese TradFi giant Sumitomo Mitsui Financial Group announced plans to launch a fiat-backed stablecoin on the Avalanche network in collaboration with US-based Ava Labs and blockchain infrastructure firm Fireblocks.

Avalanche (CRYPTO: AVAX) could deliver the strongest gains among major digital assets in the coming years, according to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered. What Happened: In a research note, Kendrick said he expects AVAX to rise tenfold by the end of 2029, outperforming both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in relative price growth.

When it comes to crypto gaming, is there any point in taking on the risk that comes with building a “AAA” game — or should studios just focus on simpler mobile games with dynamic economies instead?

Bitcoin (BTC) bulls have pushed the price above the $87,000 level even as US trade tariffs are slated to kick in on April 2. Bitcoin may remain volatile in the near term, but analysts remain bullish for the long term.According to Fidelity analyst Zack Wainwright, Bitcoin is currently in an acceleration phase, which “can conclude with a sharp, dramatic rally” if history repeats itself.

Improved scalability should drive activity and value to the Avalanche network, said Geoff Kendrick.

TL;DR Sumitomo Mitsui Financial Group is collaborating with Ava Labs and FireBlocks to develop a stablecoin with blockchain infrastructure. The supply of stablecoins on Avalanche increased by 70% in one year, but the lack of DeFi usage prevented it from boosting AVAX demand.

Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — the developer of the Avalanche network — and digital asset infrastructure company Fireblocks, have signed an agreement to explore a framework for commercializing stablecoins in Japan.Under a Memorandum of Understanding, the companies will focus on developing strategies around issuing and circulating stablecoins pegged to the US dollar and Japanese yen, according to a joint announcement. Additionally, the collaboration will explore stablecoins as a settlement mechanism for tokenized real-world assets such as stocks, bonds, and real estate.

Payments giant PayPal has allegedly allowed its U.S. customers to access Solana (SOL) and Chainlink (LINK), according to several social media reports.

VanEck has filed for approval for a new spot exchange-traded fund (ETF) tracking the price of BNB, the native crypto of the Binance-linked BNB Chain.

Sumitomo is the latest example in a roster of firms eyeing the booming stablecoin market, which has grown 50% to around $230 billion in a year.

According to a report by Nikkei, SMFG, which operates Japan's second-largest bank, SMBC, is partnering with Ava Labs and Fireblocks to develop a new stablecoin. The stablecoin project aims to make cross-border payments faster and cheaper.

Over the course of the last year, the Avalanche (AVAX) network has experienced a growing wave of liquidity in the form of stablecoins, recording an increase of over 70%, rising from 1.5 billion to over 2.5 billion dollars in circulation as of March 31, 2025. This growth, highlighted in an official post on X by the Avalanche foundation, would seem, at first glance, a clear sign of increased investor confidence and imminent bull pressure on the market.

Avalanche price has dropped to a crucial support level and created an early bullish signal, pointing to a potential rebound.

Avalanche saw a significant surge in stablecoin supply over the past year, but the onchain deployment of this capital points to passive investor behavior, which may be limiting demand for the network's utility token.The stablecoin supply on the Avalanche network rose by over 70% over the past year, from $1.5 billion in March 2024, to over $2.5 billion as of March 31, 2025, according to Avalanche's X pos Market capitalization of stablecoins on Avalanche. Source: Avalanche Stablecoins are the main bridge between the fiat and crypto world and increasing stablecoin supply is often seen as a signal for incoming buying pressure and growing investor appetite.

MANTRA, a layer 1 blockchain for real world assets, has integrated blockchain analytics and crypto assets compliance firm Elliptic, a move that expands L1's reach to over 500 financial institutions. The platforms shared the news in an announcement on April 2.

Japan's Sumitomo Mitsui Banking Corporation (SMBC), the nation's second-largest bank, is set to explore the launch of its own stablecoin.

SMFG is preparing to launch a stablecoin in partnership with blockchain firm Ava Labs and crypto infrastructure provider Fireblocks. The post SMBC Parent Sumitomo Mitsui Plans Stablecoin Launch with Ava Labs and Fireblocks appeared first on Cryptonews.

Chainlink price had a journey of itself in the volatile market. The token is among the top cryptocurrencies, and its blockchain network is known for its global partnerships and collaboration, raising the token's demand.

The bank plans to start conducting experiments in the second half of this year for a potential stablecoin launch in 2026.

The Chainlink price has pulled back in the past few months even after the network's ecosystem continued to do well. LINK dropped to a low of $13 on Tuesday, down from the year-to-date high of $30. This article explains why the LINK price may stage a strong comeback in the long term.

TL;DR KOR Protocol will launch a blockchain on Avalanche to modernize the registration, management, and monetization of intellectual property. The infrastructure will allow creators to register their works on the blockchain, set permissions, and improve usage traceability.

Sumitomo Mitsui Financial Group, the parent company of Japan's second-largest bank, Sumitomo Mitsui Banking Corporation, plans to launch its own stablecoin.

Story Highlights The live price of the LINK token is . Chainlink price may reach a potential high of around $47 this year. The LINK price, with a potential surge, could hit $189 by 2030. With the broader market anticipating a bullish recovery, the DeFi segment stands on the verge of a bull run.

TL;DR Streamlined Cross-Chain Payments: Chainlink's new Payment Abstraction lets users pay with various tokens that automatically convert to LINK via CCIP, Automation, Price Feeds, and a DEX. Sustainable Fee Recapture: The system targets Smart Value Recapture (SVR) fees from DeFi apps—splitting the fees between the app and the blockchain—to support a robust, self-sustaining economic model.

Chainlink price has sold off over the past three months, leading to a $10 billion wipeout as its market cap fell from $18 billion to $8.8 billion. Chainlink (LINK) crashed to $13.

Chainlink has been under heavy selling pressure, trading in a downtrend as broader market weakness drags crypto prices lower. The entire crypto market remains on the defensive, with macroeconomic uncertainty and escalating trade war fears continuing to shake investor confidence.

The selling pressure on Bitcoin forced MKR to lose 11%, but the bulls were likely to drive a recovery.

Two Ethereum whales on MakerDAO are at risk of being liquidated if Ether drops below $1,800. The whales, who borrowed millions in DAI from the DeFi lending protocol and pledged ETH as collateral, are now under pressure due to Ether's continuous decline.

The price of Avalanche (AVAX) has been fluctuating since the end of its downtrend on March 10.

The Nasdaq exchange filed a formal request with the U.S. Securities and Exchange Commission seeking permission to list and trade shares of Grayscale's spot Avalanche (AVAX) exchange-traded fund (ETF).

Cardano founder Charles Hoskinson has revealed ongoing efforts to integrate with major blockchain ecosystems, including Dogecoin, Chainlink, and Bitcoin, that could expand Cardano's reach and use cases.

Digital asset management giant Grayscale hopes to launch an Avalanche (AVAX) exchange-traded fund (ETF) in the US. The Nasdaq Stock Market submitted a proposal this week to the U.S.

Chainlink's near-term targets depend on a few key levels.

Cryptocurrencies edged lower on Saturday after a hotter-than-expected inflation rate spooked investors. Bitcoin fell to $83,000 while most altcoins hit their weekly lows.

Market prices of Chainlink (LINK) suffered another major decline in the past 24 hours as the general crypto market continued to react negatively to US new international tariffs. Over the last two months, LINK has exhibited a prolonged downtrend losing over 40% of its market value.

AVAX may be in line for more gains in the short term.

Nasdaq's filing for Grayscale's Avalanche (AVAX) ETF highlights growing institutional interest in altcoin investment products, signaling a shift toward broader crypto adoption and accessibility in traditional financial markets. The post Nasdaq Files 19b-4 for Grayscale Avalanche (AVAX) ETF Listing appeared first on Cryptonews.

Amid today's market correction, Chainlink (LINK) has lost its recent gains, falling back to a crucial support level. An analyst suggests a monthly close above its current range could position the cryptocurrency for a 35% surge.

The price Chainlink (LINK) has reversed its earlier growth trends after the broader market nosedived in mid-day trading. The current breakdown has triggered a new worry among investors for a coin that had the prospect of reclaiming its spot among the top 10 largest digital currencies.

LINK's social dominance shot up after Chainlink hosted a private dinner for leaders from the US government and the blockchain industry.

The crypto market was volatile this week as investors tried to make sense of the current economic environment and risk tolerance of the market. Tariffs were announced for the auto industry, which a few weeks ago may have crushed the market, but overall the news was met with a bit of a shrug.

Nasdaq has submitted a 19b-4 filing to the US Securities and Exchange Commission (SEC), proposing to list a spot Avalanche ETF managed by Grayscale Investments. This filing underscores the surging interest in regulated crypto investment vehicles, extending beyond the realm of Bitcoin (BTC) and Ethereum (ETH).

Bitcoin (BTC) is moving farther away from the crucial $90,000 mark, indicating that buying dries up at higher levels. Market participants seem nervous about the fresh round of US trade tariffs and the renewed inflation pressure as US Personal Consumption Expenditures data came in hotter-than-expected.Traders are divided about Bitcoin's price trajectory in 2025.

Grayscale files for an Avalanche ETF with Nasdaq, aiming to offer regulated AVAX exposure. Despite the filing, AVAX price sees a correction.

TL;DR Aave integrates Chainlink Smart Value Recapture (SVR) on Ethereum to recapture the MEV associated with loan liquidations in DeFi protocols. The SVR solution allows DeFi protocols to recover value lost in block building, improving the DeFi economy in a sustainable and transparent way.