Avalanche (AVAX) is one of those altcoins
which attracted a lot of attention
investors in the field of cryptocurrencies. Behind
in the last 30 days he has experienced significant
an increase of 101%. ABAX not only achieved this
significant growth, but also consolidated in
top 10 positions by market capitalization
Avalanche's remarkable surge in the market
cryptocurrency
UAVAHis
has overtaken major cryptocurrencies such as
Polygon (MATIC), Polkadot (Dot) and many
other altcoins, in just one month
However, when we compare Avalanche with
from the point of view of price movements, it also
surpassed leading cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and
a lot others.
At the time of writing, ABAX is trading
about $26.20, and in the last 24 hours it
added almost 20% growth momentum. Except
Moreover, if we consider ABAX for more
longer period than the last 7 days
it changed by only 25%. Basic
the reason for such a significant surge
is the recent choice of this platform in
as the main platform for issuing
IEEE certificates.
Institute of Electrical Engineers v
electronics (IEEE), large
professional association, intends
use the Avalanche blockchain for issuing
secure certificates in India
✨️Strategic choice of IEEE Avalanche
m cooperation with LegitDoc, system
credential management based
blockchain developed by Zupple Labs, IEEE
strives to improve the verification process
certificates. Transition to technology
blockchain is driven by the desire to
protected from unauthorized access
access, instant and secure
authentication.
❗️Neil Martis, co-founder of Zupple, explained
what is the solution to use C-Chain Avalanche
as the main level of calculations
based on platform compatibility with
Ethereum virtual machine (EVM).
Devika Mittal, head of the Indian
division of Avalanche, supported this
decision, citing EVM compatibility
Avalanche as a deployment tool
widely used applications such as
Credential registries and management
identification.
👉Noting preference Avalanche co side
leading organizations such as Sk Planet and
JP Morgan Onyx, Mittal advised
organizations wishing to implement
blockchain, identify your pain points and
choose a chain that will provide
immutability, durability and safety
decisions. Perhaps this is exactly what happened
the reason for such a massive surge. Except
In addition, ABAX also reached a new 52-
weekly high; as of 6
December 2023 it reached the level of 26.96
dollar for the first time since August 2022.
$AVAX#ABAKC
