Avax, one of the popular altcoin projects, has reached a new ATH, exceeding 2600% in a year. At the time of writing, Avalanche (AVAX) was still among the top 15 cryptocurrencies on CoinGecko. Detail cryptocoin.com‘in.
One of the stars of altcoin projects
The crypto market continues to surprise its investors around the world. This time around, the crypto outlook was bearish as one of the aggressive cryptocurrencies in the market, Avalanche (AVAX), hit an all-time high. AVAX managed to record a trading price above $105. Also, the one-year growth rate reached almost 2700%. In terms of market position, the crypto has a massive market cap of over $23 billion. This overwhelming market cap helps the crypto maintain its current position as one of the top 15 assets on Coinecko. Indeed, this performance of crypto is attracting the attention of investors around the world. In addition, AVAX has announced that it will partner with accounting firm Deloitte. This cooperation seems to have yielded positive results for both sides.
Emin Gün Sirer, Founder and CEO of Avalabsofficial, said: “Ava Labs is excited to announce its partnership with Deloitte to build more efficient disaster relief platforms using the Avalanche blockchain. This effort combines Avalanche’s speed, flexibility and adaptability with Deloitte’s Fortune 100 corporate knowledge.” On the other hand, AVAX is just one of the virtual assets making a big splash in the crypto market. There are many popular cryptocurrencies such as ETH, CRO and BTC to name a few. In this way, we can say that the crypto ecosystem, despite its volatile nature, is now more ready than ever to take over the global financial industry.
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