$AVAX ready to dominate?
Avalanche hits ATH in user activity, wallet addresses and total transactions
Welcome to the sixth Alpha newsletter. We curate alpha for you. That’s it; that’s the newsletter.
Let’s talk Avalanche. For those unfamiliar with it, here’s the TLDR explainer:
Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol.
For a layer 1 that has only been live on mainnet for around 12 months the speed with which Avalanche is gaining adoption is staggering.
Here’s our compilation of the most recent alpha. No $AVAXers may want to read carefully.
Kevin Sekniqi is the COO of Ava Labs. You know when someone starts with “Alright real talk” it’s probably worth paying attention to.
We all like sound money, so in case you weren’t aware $AVAX is deflationary with just over 341,000 burned so far.
Nicolas chucks some numbers into the mix, envisioning a scenario where just under 12 million $AVAX is burned a year.
Based Emin dropping the alpha in plain sight.
Another neat summary from Seq 🔺
A few charts from Protocol 432 that highlight the flywheel which leads to exponential growth and adoption.
Avalanche are seeing many records broken in different metrics.
Another very recent development which is bound to increase the speed of adoption of the whole Avalanche ecosystem:
A long list of reasons to be fundamentally bullish.
What’s the TA saying? $AVAX is sitting just below all time highs and looking ready for a move up.
Cycle target from satsdart.
Here’s another elevator pitch from game developer Jon on why using Avalanche is a no brainer.
Some of you might be reading this and be thinking “damn, I need to learn another layer 1”. Fear not, getting started with Avalanche is not a daunting task:
A final warning:
And that’s your alpha.