After months of declining market value in the crypto industry, 2023 started on a high note, with many cryptocurrencies seeing a significant increase in their value. Two months after, it is getting more apparent that we might be whitnessing a new bull run with tokens like Avalanche (AVAX), Stacks (STX), and TMS Network (TMSN) leading the pack.
Avalanche (AVAX) rose by 6% in 7 days.
The $AVAX token is currently trading for a few cents above $17 at the time of writing this piece. Avalanche (AVAX) has been on a steady rise for the past seven days, and it’s expected to trade higher.
Avalanche (AVAX) is a decentralized network designed to enhance the speed and affordability of crypto transactions, and it offers various DeFi services such as lending, borrowing, and exchanging. Avalanche (AVAX) operates using the proof of stake consensus protocol and has gained recognition as one of the most efficient and eco-friendly blockchain protocols.
To enhance its scalability and efficiency, Avalanche (AVAX) has partnered with AWS, a leading cloud hosting platform, and Chainlink, a decentralized blockchain oracle network built on Ethereum.
Despite the volatility of the crypto market, Avalanche (AVAX) has experienced a notable increase in adoption rate. Avalanche (AVAX) trades at around $17 per token on major exchange platforms. Due to its high market capitalization, Avalanche (AVAX) is one of the top 20 crypto networks in the industry.
Stacks (STX) increased by almost 20% in 24hrs
Like Avalanche (AVAX), Stacks (STX) is also enjoying a steady rise in its price on all major trading platforms. One Stack (STX) is selling for almost a dollar, which is about a 20% increase in its price in 24 hrs.
Stacks (STX) recently garnered attention in the crypto world due to its steady rise in adoption and price appreciation. As mentioned earlier, the native token of the Stacks (STX) blockchain is now hovering near the $1 threshold.
As a unique blockchain platform, Stacks (STX) enables the creation of smart contracts and decentralized applications (dApps) on the Bitcoin network. This is achieved by creating a new layer on top of Bitcoin, which allows developers to build powerful dApps that leverage the security and decentralization of the Bitcoin network.
The recent price surge of Stacks (STX) can be attributed to the growing interest in decentralized finance (DeFi) and non-fungible tokens (NFTs). Stacks (STX) has gained significant traction in these areas, with several DeFi projects and NFT marketplaces built on the Stacks (STX) blockchain.
TMS Network (TMSN) continues its impressive run at presale
The TMS Network (TMSN) is a highly acclaimed blockchain network that continues to perform exceptionally well in its ongoing presales. Renowned for its outstanding features and exceptional use cases, TMS Network (TMSN) offers unparalleled capabilities than other blockchain networks.
With TMS Network (TMSN), asset transfer between different networks is seamless, allowing for trading crypto, forex, NFTs, and stocks. This multidimensional blockchain platform has already raised over $2 million from its private seed sale, and its current presale has generated over $500k.
TMS Network (TMSN) is developed by a team of highly experienced experts, and it is poised to change the blockchain industry landscape. Its innovative features and solutions have made it one of the most talked-about and potentially profitable cryptocurrency projects. Industry leaders have expressed optimism about TMS Network’s (TMSN) future, with some anticipating that it could surpass other major coins soon.
Avalanche (AVAX), TMS Network (TMSN), and Stacks (STX) are becoming prominent players in the cryptocurrency market with their impressive growth and potential. We will see how far these networks will evolve as we go deep into this projected bull run.
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