With Bitcoin, Ethereum and a large number of digital assets rising slightly, the cryptocurrency market has begun to recover from last week’s losses. However, in the past 7 days, the value of the cryptocurrency avalanche has soared by 46.9% in the past week. Avalanche also ranks among the top ten digital asset market valuations with a market value of $31.5 billion. On November 21, the avalanche hit an all-time high of $144 per unit, as crypto assets rose by 3,795% in 12 months.

Avalanche value has soared by more than 20% in the past 24 hours

Crypto assets Avalanche (AVAX) It has increased significantly in the past 24 hours, and the value has jumped by more than 21%. In addition to the grand event (GALA), Avalanche is the biggest crypto asset gainer on the last day. On Sunday, AVAX hit an all-time high (ATH) at a price of more than $144 per unit, and has entered the top ten cryptocurrencies by market value. AVAX’s market is slightly lower than the market value of USD 36.2 billion in the stable currency market (USDC).

The 7-day statistics show that AVAX It has risen by 46.9% in 7 days, by 83% in two weeks, and by more than 133% in the past three months. So far this year, AVAX has risen by 3,795%. Tether (USDT) Accounted for 63.84% of today’s AVAX swaps, while the U.S. dollar accounted for 14.23% of AVAX transactions.The second is trading pairs, such as Bitcoin (9.58%), BUSD (5.56%), TRY (3.86%), Ethereum (1.33%) and Bitcoin (0.79%).

The most active cryptocurrency trading platform Avalanche (AVAX) Sunday is Binance. In terms of AVAX trading, the exchange Binance is followed closely by Okex, Trader Joe, Huobi Pro, Bitfinex and Coinbase. The Defillama indicator shows that AVAX holds the fourth largest total locked-up value (TVL) in decentralized finance (defi), at US$12.74 billion. TVL rose by 10.85% in the past 24 hours, up 20.95% from last week.

In the past 7 days, the users of Trader Joe, the Avalanche-based decentralized exchange (dex), have increased by 34%, and the global transaction volume has reached 1.1 billion US dollars. In terms of trading volume, dex Trader Joe is the second largest platform, lower than Uniswap’s weekly swaps of US$4.29 billion. Trader Joe is also the sixth largest defi protocol As far as TVL is concerned, the total value locked on Sunday is $2.59 billion. In addition, Avalanche-based tokens such as joe (JOE) and Wonderland (TIME) have been rising in value with the local currency AVAX.

What do you think of Avalanche reaching a record high and becoming the top ten crypto asset by market capitalization? Please tell us your thoughts on this topic in the comments section below.

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