• Avalanche (AVAX) is the native cryptocurrency of the Avalanche network, launched in 2020.
• The current market status for AVAX shows that its 24-hour price has changed by 4.3% and it has a circulating supply of 315,125,667 tokens.
• In 2023, the bullish price prediction for AVAX is $21.89 – $40.99 while bearish prediction is $16.34.

What Is Avalanche (AVAX)?

Avalanche (AVAX) is the native cryptocurrency of the Avalanche network, launched in 2020. It is a platform designed to create decentralized applications (dApps) and customized blockchains with three different interoperable chains: Exchange Chain (X-Chain), Contract Chain (C-Chain), and Platform Chain (P-Chain). It operates with a directed acyclic graph optimized consensus protocol known as Snowman protocol which helps in producing blocks on the chain.

Current Market Status Of AVAX

The current market status for AVAX shows that its 24-hour price has changed by 4.3% and it currently holds 18th position on CoinGecko with a circulating supply of 315,125,667 tokens and an all-time high of $144.96 on November 21st 2021 . Its current price stands at $19.67 with 24 hour trading volume at $298,998,512.

AVAX Price Prediction 2023

In 2023, the bullish price prediction for AVAX is $21.89 – $40.99 while bearish prediction is $16.34 according to statistics, patterns prices , RSI , RVOL analysis etc . Investors should take into consideration technical aspects like resistance levels before investing or trading in order to minimize risk and maximize returns . Also , they should keep an eye on news related to this crypto currency as any positive news could be beneficial for its price .

Conclusion

Avalanche (AVAX) which was launched in 2020 has seen good success so far when it comes to adoption rate across various industries due to its interoperability between chains , low transaction fees & scalability features . As per our analysis , we believe that its possible that it can reach upto US$30 by end of 2023 given favourable market conditions & regulatory environment but investors should do their own research before investing or trading in any crypto currency as there are always risks associated with it .

Disclaimer

We have published content based on our research & understanding about this cryptocurrency & we don’t hold any responsibility if you incur any losses because of your investments/trades based off our content . Always consult experts before taking any decision related investments or trades .

• Catamaran Guru and Trippy Sailors Adventure Club have collaborated to launch an NFT collection with sailing perks for members.
• The companies aim to promote and educate about the world of sailing, as well as open access to exclusive trips through NFT gated experiences.
• By owning at least one of the 5555 Trippy Sailor NFTs, members get to connect with like-minded individuals, form travel groups, and a chance to win free vacations.

Catamaran Guru and Trippy Sailors Adventure Club Launch NFT Collection

Catamaran Guru, the number one go-to company for catamaran owners with a global sailing community, announced today a collaboration with Trippy Sailors Adventure Club (TSAC), an innovative NFT collection with travel utility.

Aim of Collaboration

The two companies aim to promote and educate about the world of sailing and open access to high-end exclusive sailing trips through NFT gated experiences.

Global Market Size

It is estimated that the global market size will reach $211.72 billion by 2030, and according to Euronews Travel Trend report they are bound to break into the global travel industry this year.

Sailing Perks for Members

By owning at least one of the 5555 Trippy Sailor NFTs, members get to connect with like-minded individuals, form travel groups, and a chance to win free vacations.

Through the partnership with Catamaran Guru, TSAC will offer hundreds of sailing trips to Trippy Sailors NFT holders where they will get to enjoy a state-of-the-art crewed catamaran and sail around the British Virgin Islands and The Bahamas.

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Conclusion

< p > This collaboration puts our industry front and center of a huge new audience. It is a tremendous opportunity to cultivate a new generation of sailors and adventure seekers

• Visa is testing USDC payments on Ethereum, aiming to access smart contract-based payment options.
• The USD Coin (USDC) token trades at $1.00 with a 24 hour trading volume of $2 billion and a market cap of $41 billion.
• The multinational financial company seeks to strengthen its ability to process quick and safe cross-border payments, improve its fraud detection and prevention capabilities, and lower its operational costs by using the transparency, security, and immutability of blockchain technology.

Credit Card Giant Visa Testing USDC Payments on Ethereum

Visa is experimenting with how to accept payments from issuers in USDC on Ethereum and payout in USDC as well as large settlement payments. This was announced by the President of the cryptocurrency division at Visa during StarkWare Sessions 2023. Furthermore, the credit card giant intends to integrate Ethereum blockchain-powered solutions into its services for customers’ demands in order to convert digital assets into fiat payments.

USDC Price Track

The stablecoin USD Coin (USDC) tumbled due to recent market bearish momentum but has now seen an uptick in the global digital market with a market cap of $1.1 billion increased around 1.5% in a day and traded at $1.00 with 24 hours trading volume of $2 billion, increased around 2.5% in the previous day also having a market cap of $41 billion .

What is Visa Seeking?

Visa seeks to strengthen its ability to process quick and safe cross-border payments, improve their fraud detection and prevention capabilities, and lower their operational costs by using the transparency, security, and immutability that comes along with blockchain technology. Additionally there are plans for providing new smart contract based payment options for customers via integration with Ethereum .

Optimism From CEO Alfred F Kelly

The CEO Alfred F Kelly believes that stablecoins and CBDCs can play a meaningful role in the future payments space as he is optimistic about incorporating blockchain powered solutions into their services .

Conclusion

In conclusion , visa seeksto integrate Ethereum blockchain powered solutions into their services for customers’ demands which would result inthe strengtheningof their abilityto processquickand safecross borderpayments , improvement oftheirfraud detectionandpreventioncapabilities , bringing downoperationalcosts through useof transparencysecurityandimmutabilityof blockchaint echnologyaswellas offering newsmartcontractbasedpaymentoptions viaintegrationwithEthereum .