Avalanche

<ul class="news-points"><li><strong>Dan Gambardello believes AVAX’s current price success could be a sign of an “altcoin bull continuation.”</strong></li><li><strong>AVAX’s price rose by 14% after J.P. Morgan announced the use of the Avalanche blockchain to tokenize portfolios.</strong></li><li><strong>The altcoin was worth $23.43 after its price rose by over 3% in the past 24 hours.</strong></li></ul><p>The price of <a href="https://coinedition.com/tag/Avalanche-avax/" rel="noopener noreferrer nofollow">Avalanche (AVAX)</a> is still climbing after the cryptocurrency had an extremely successful week in the market. The well-known trader and analyst Dan Gambardello also pointed out the token’s continued rise in one of his latest X posts. In fact, Gambardello believes AVAX’s success could be a “sign for altcoin bull continuation.”</p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet"><p>AVAX making another run for it. Could be good sign for altcoin bull continuation. <a href="https://t.co/ssweCQNaB9" rel="noopener noreferrer nofollow">pic.twitter.com/ssweCQNaB9</a></p>— Dan Gambardello (@cryptorecruitr) <a href="https://twitter.com/cryptorecruitr/status/1725311889742123280?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 17, 2023</a></blockquote></div></figure><p>Yesterday, AVAX saw a notable 14% upswing in its price after it was <a href="https://blockworks.co/news/jpmorgan-tokenized-blockchain-portfolio-avalanche" rel="noopener noreferrer nofollow">announced</a> that the banking giant J.P. Morgan used the blockchain to tokenize portfolios. J.P. Morgan’s Onyx division collaborated with Apollo Global and the Monetary Authority of Singapore’s Project Guardian in a proof-of-concept project using an Avalanche subnet.</p><div class="wp-block-image"><figure class="aligncenter is-resized"><img src="https://lh7-us.googleusercontent.com/srTTeN8lynZh1HdDJA1bof7OnBPCQppCGGQRdP5RA7lNlzu_xPp1IZGhH9FFUTGr8cxdPQXrcnkFR6jufKUYRy5QlUnheu_CwPwTQZsK7lstwzkQyv8SdxRTFkRvcMvyvDkm6xRNhSwhlLRaZHxk-zg" alt=""><figcaption class="wp-element-caption"><em>AVAX / Tether US…</em></figcaption></figure></div><p>The post <a href="https://coinedition.com/avax-continues-its-climb-after-j-p-morgan-embraces-blockchain/" rel="noopener noreferrer nofollow">AVAX Continues Its Climb After J.P. Morgan Embraces Blockchain</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

AVAX Continues Its Climb After J.P. Morgan Embraces Blockchain

Coin Edition

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