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news-imageMarch 14, 2024

Crypto Analyst Says Avalanche-Based Altcoin Primed for a Massive Move, Updates Outlook on Solana

A widely followed crypto trader believes that one Avalanche (AVAX)-based altcoin is gearing up for a massive breakout.
Publisher: The Daily Hodl
Sentiment: Positive
SOL
AVAX

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Neutral
cover-imageUToday
April 3, 2025

Dogecoin (DOGE): 3 Key Levels to Track, Shiba Inu (SHIB) Price Foundation Reached, Solana (SOL) Stronger Than It Seems

Dogecoin is currently negotiating a narrow trading range that is surrounded by three significant levels of support and resistance that could impact it in the near future. The asset is currently trading at $0.173, down a little for the day and exhibiting signs of indecision as it lingers in the middle of the price range.

Positive
cover-imageBenzinga
April 2, 2025

AVAX To Outperform Bitcoin, Ethereum, Reaching $250 By 2029: Standard Chartered

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.

Positive
cover-imageCointelegraph
April 2, 2025

Price analysis 4/2: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, TON, LINK, LEO

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.

Positive
cover-imageCointelegraph
April 2, 2025

SMBC, Ava Labs, Fireblocks sign MoU for stablecoin framework in Japan

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.

Neutral
cover-imageThe Cryptonomist
April 2, 2025

Avalanche, stablecoin on the rise but AVAX remains stuck: analysis of a paradox

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.

Positive
cover-imageCointelegraph
April 2, 2025

Avalanche stablecoins up 70% to $2.5B, AVAX demand lacks DeFi deployment

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.

Negative
cover-imageUToday
April 2, 2025

Solana (SOL) Erases Gains Amid 13% Drop: What Comes Next?

Solana (SOL) has taken a hit amid a broader market sell-off, sliding 13% over the past week and losing 3.16% in the last 24 hours. The price decrease has reversed some of SOL's recent gains, sparking speculation on what's next for the sixth-largest cryptocurrency by market cap.

Neutral
cover-imageThe Cryptonomist
April 2, 2025

Change at the top: Kristin Smith leaves the Blockchain Association to lead the Solana Policy Institute

After more than six years leading the Blockchain Association, Kristin Smith is ready to embark on a new challenge. On May 19th, Smith will take on the role of president at the newly established Solana Policy Institute, marking an important passing of the baton within the landscape of cryptocurrency advocacy in the United States. The news was made official with an announcement published on April 1st by the Blockchain Association. The statement specifies that Kristin Smith will step down from her current position on May 16th. However, the organization has not revealed either the reasons for her departure or who will take the reins of the association after her departure.

Neutral
cover-imageTokenpost
April 2, 2025

Kristin Smith Leaves Blockchain Association to Lead Solana Policy Institute

Kristin Smith, the longtime CEO of the Blockchain Association, is stepping down next month to become president of the newly launched Solana Policy Institute, a crypto lobbying group focused on promoting decentralized networks like Solana. Smith, who has led the Blockchain Association for nearly seven years, played a critical role in shaping U.S. crypto policy during a time of significant regulatory evolution and industry growth.

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