According to the Bank of America report, aThe hairy contract platform Avalanche is seen as an alternative to Ethereum, thanks to its secure and decentralized scaling ability.
In a report by Bank of America, Avalanche’s subnet feature is built on the platform. It makes it more compatible with more than 380 projects.
In the article published on December 10,Avalanche in your network It processes around 4,500 transactions per second, providing a faster approval process at lower costs.” it was said.
Bank analysts said Avalanche’s total value locked in has increased by 21% month-on-month and 6.255% since August.
Bank of America, disaster relief organization “Close as You Go (CAYG)” He said that the decision to use the Avalanche platform for
In the last seven-day period, approximately Despite the correction in bitcoin, only 2.5%′According to CoinMarketCap data, at the time of writing this article, Avax, the token of Avalache, which has experienced a loss of value 89 traded in dollars.
AVAX is the 11th most valuable cryptocurrency in the list of CoinMarketCap. The daily trading volume of the coin is 1,347,653,523. dollar.