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Avalanche Price Prediction for Today, October 14 – AVAX Technical Analysis

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The Avalanche price prediction may lack short-term, but if the price increases, the coin will likely face moderate market volatility soon. Avalanche Prediction Statistics Data: Avalanche price now – $28.46 Avalanche market cap – $11.9 billion Avalanche circulating supply – 406.6 million Avalanche total supply – 446.6 million Avalanche Coinmarketcap ranking – #12 Avalanche (AVAX) has shown impressive long-term growth, rising 946.92% from its all-time low of $2.79 in December 2020. Although it reached an all-time high of $146.22 in November 2021, the current price range is $28.70 to $29.81 over the past 24 hours. Early adopters who entered at the start have seen significant gains, highlighting the potential rewards of getting involved in crypto projects early. AVAX/USD Market Key Levels: Resistance levels: $33.0, $35.0, $37.0 Support levels: $24.0, $22.0, $20.0 AVAXUSD – Daily Chart The current Analysis of AVAX/USD on the daily chart...

Blockchain Integration: California DMV Uses Avalanche (AVAX)

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Blockchain integration, led by the California Department of Motor Vehicles (DMV), is changing how government agencies work. The agency has put 42 million car titles on the Avalanche blockchain, a big step in updating public records. This new approach speeds up processes and shows how blockchain can improve government services. Also Read: Terra Blockchain Loses Over $4 Million In Exploit Streamlining Vehicle Title Transfers with Blockchain Integration California DMV’s Innovative Approach The California DMV worked with Oxhead Alpha to create a system that lets users transfer vehicle titles in minutes. This blockchain integration cuts the usual two-week wait time, showing how blockchain can help government services. Using the Avalanche blockchain, the DMV aims to fight fraud and reduce office visits, which aligns with California’s efforts to boost efficiency and update services. Avalanche -blockchain-s-role-in-modernizing-dmv-services"> Avalanche Blockchain’s Role in M...

Avalanche: Will Upcoming Upgrade push AVAX toward $21?

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The third quarter was not very favorable for Avalanche . As highlighted in a recent article, the total revenue dropped by 94.1%, following a decline in daily transactions by 65.5% and a 76.2% drop in transaction fees. Read More – Avalanche : Q3 Total Revenue dips by 94%, Ava Labs drama to be blamed? Nevertheless, the network has been focused on building for the long term. Notably, Avalanche will be undergoing a network upgrade at the beginning of next week, justifying the said narrative. Dubbed Banff, the upgrade was activated on the Fuji testnet on October 3. The mainnet upgrade will, however, take place on the 18th. The said reform intends to add support for creating Proof-of-Stake Subnets. Top exchanges like Binance have already extended their support for the said upgrade. AVAX Price On the price front, AVAX has been on a downtrend since mid-September. From trading around $22, the price of the #18th ranked token has dropped down to $16. However, it is currently at ...