Avalanche

Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.

The Avalanche protocol was released by an anonymous group called Team Rocket in May of 2018. It was then developed by a group of Cornell researchers led by Emin Gun Sirer, who is now the founder and CEO of Ava Labs. 

The Avalanche Mainnet was launched in September 2020, when it also issued its native $AVAX token. 

Avalanche is an open, programmable smart contracts platform built to enable the launch of decentralized applications that are scalable and secure. 

Avalanche is designed with an emphasis on interoperability, meaning its infrastructure could be utilized by a multitude of blockchains that use $AVAX as the underlying token. 

$AVAX has a capped supply of 720 million tokens. The rate at which the maximum cap is reached is subject to governance of token holders. 360 million tokens were supplied at the genesis block, while the remaining 360 million are minted over time. 

Avalanche has gained traction with decentralized finance applications due to its high speeds and low costs. Total value locked (TVL) on the Avalanche ecosystem exceeds $13 billion as of Nov. 2021. It crossed $1 billion for the first time in late August 2021.


Avalanche's top DeFi protocols by TVL are Aave and Trader Joe. TVL represents the amount of assets being staked on a certain protocol.

One Venue, One Chain Over this past week, three U.S. tokenized stock venues picked three different blockchains to launch on. The WSJ reported Monday that NYSE chose Avalanche as the sole settlement chain for its planned 24/7 platform. On November 4, $CNTN became the first U.S. equity to trade under the SEC's Innovation Exemption.

Avalanche Owns Five Percent of Tokenized Stocks

The New York Stock Exchange will use Avalanche infrastructure, but experts say that won't necessarily boost AVAX's price.

Avalanche Won Over the NYSE. Now It Has to ‘Capture Value' for AVAX

Chainlink

Solana

Charles Schwab is expanding its Schwab Crypto platform to include Solana, Avalanche and Chainlink trading for eligible U.S. clients, bringing the total to five digital assets. The post Charles Schwab Adds Solana, Avalanche and Chainlink to Crypto Trading Platform appeared first on The Daily Hodl.

Charles Schwab Adds Solana, Avalanche and Chainlink to Crypto Trading Platform

Avalanche (CRYPTO: AVAX) rallied sharply on Monday after the New York Stock Exchange announced it would use the network to settle tokenized stocks on its upcoming trading platform. Avalanche's Big Wall Street Push The NYSE shared a Wall Street Journal report which mentioned that Avalanche will “exclusively” supply the core technology on the platform, which is targeting a launch in the fourth quarter pending regulatory approval.

NYSE Selects Avalanche Blockchain to Settle Tokenized Stocks on Upcoming Trading Platform — AVAX Jumps 5%

Charles Schwab made SOL, AVAX and LINK available to trade through Schwab Crypto accounts on Monday, taking the platform to five assets alongside BTC and ETH.

Schwab Crypto Adds Solana, Avalanche and Chainlink Trading for Clients

Ava Labs said Avalanche will provide the core ledger for the clearing firm of NYSE's planned tokenized stock venue, designed for 24/7 trading and settlement.

Avalanche to Power Clearing for NYSE-Affiliated Tokenized Stock Venue

Ava Labs said Avalanche will serve as the “core ledger technology” for the clearing firm behind the NYSE-affiliated venue, which aims to bring 24/7 trading, clearing and settlement of tokenized securities onchain.

NYSE Taps Avalanche to Settle Its Planned Tokenized Stock Platform

Avalanche technology will power the upcoming digital alternative trading system for a NYSE-backed securities trading platform. The system will take advantage of Avalanche's key features to support the demand for an engine handling institutional-grade capital market volumes.

NYSE Chooses Avalanche to Power 24/7 Tokenized Stock Trades

NYSE picked Avalanche to supply the core ledger technology for the clearing firm of its affiliated tokenized-securities platform.

NYSE to settle tokenized stocks on Avalanche in planned 24/7 market

Avalanche will serve as the core settlement ledger for the exchange's planned blockchain stock market

NYSE picks Avalanche to settle tokenized stocks amid Wall Street's blockchain race

Bitcoin

Dogecoin

Ethereum

Hyperliquid

Zcash

Grayscale expanded in-kind access across 10 crypto ETFs on Wednesday, letting eligible investors swap Bitcoin, Ethereum, and Solana directly for shares.

Grayscale Expands In-Kind Access Across 10 Crypto ETFs

Grayscale is opening a new route for eligible crypto investors to exchange their existing tokens directly for shares in 10 investment products, bypassing the need to sell for cash first.

Grayscale Opens In-Kind ETF Access With Six-Figure Entry Minimums

Grayscale announced Wednesday that eligible investors can directly contribute cryptocurrencies, including Bitcoin (CRYPTO: BTC), XRP (CRYPTO: XRP), Dogecoin (CRYPTO: DOGE) and Solana (CRYPTO: SOL), in exchange for shares of select investment products. Grayscale Expands In-Kind Investing The asset manager is expanding in-kind subscriptions across 10 digital asset investment products, allowing eligible investors to exchange existing crypto holdings for fund shares without first converting their tokens into cash.

Grayscale Opens In-Kind Crypto Investing for Bitcoin, XRP, Dogecoin, Solana ETFs

Grayscale expands in-kind subscriptions to 10 crypto funds, letting eligible investors swap tokens for shares without selling for cash.

Grayscale expands in-kind subscriptions to 10 crypto ETFs and trusts

Avalanche (CRYPTO: AVAX) is pushing toward $12 after strong monthly gains, as the total value of tokenized U.S. Treasuries on the network hits record levels. Tokenization Boom on Avalanche Year-over-year, the total value has jumped fourfold, or 300%, to $545 million, with 14% growth in the third quarter alone.

Tokenized Treasuries on Avalanche Surge 300% in a Year—Will the Momentum Push AVAX Toward $12 and Beyond?

Tokenized stocks now represent a $3.6 billion market across 4,555 assets, but the latest growth is dividing sharply between institutional capital and retail activity. Avalanche Leads Tokenized Stock Growth as Solana Wins New Users Tokenized equities are starting to reveal two very different growth stories.

Tokenized Stocks Hit $3.6B as Avalanche and Solana Split the Market

Goldman Sachs is making its $100 billion Financial Square Treasury Instruments Fund available through Lynq, a private Avalanche Layer 1 network used by more than 30 institutional digital-asset firms.

Goldman Sachs Just Put a $100B Treasury Fund on Avalanche Rails

Michael Blaugrund, Vice President of Strategic Initiatives at ICE, the parent company of NYSE, stated that the company was considering Avalanche to host the trading and on-chain settlement platform currently under development to enable 24/7 trading of tokenized securities.

ICE Considers Avalanche to Launch NYSE Tokenized Trading Engine

Cooper described a close working relationship with NYSE parent ICE but did not say the exchange had selected Avalanche.

Ava Labs president says NYSE spent a year testing Avalanche technology for tokenization plans

Smith expects traditional financial markets to shift to 24/5 trading by mid-2027, requiring new blockchain infrastructure.

‘There's not enough block space': Avalanche Treasury CEO says AI agents could crunch L1 blockspace

Founded by former IBM Blockchain partner Jules Miller, Iris is helping Bolivia's VIVA use stablecoins for settlement, dollar reserves and new financial services without replacing its existing telecom systems.

A LatAm telecom operator is putting part of its finances on Avalanche

The system, which handles data for 12.5 million citizens issued by government and private entities, will upgrade to use Avalanche's decentralized services to “strengthen the scalability and performance needed to support continued growth” of digital identity and verifiable documents in the UAE.

UAE Taps Avalanche to Secure Digital Identity for 12.5M People

Traditional brokerage giant Charles Schwab has significantly expanded its digital asset footprint.

Charles Schwab Expands Retail Crypto Access: Solana, Avalanche, and Chainlink Join the Platform

South Korea passed amendments that integrate tokenized securities into the existing financial system, coming into effect next February.

South Korea's Hanwha develops tokenized securities platform on Avalanche as local regulation takes shape: report

Ethena 

Ethena Labs has launched the beta of Ethena Pay, a new self-custodial money app built on Avalanche, across 48 countries.

News for Avalanche Crypto (AVAX)