Avalanche (AVAX) experienced a remarkable surge in the fourth quarter of 2023, registering substantial gains attributed to institutional inflow and adoption.
Despite facing an 18% decline in the current year, along with broader market corrections affecting major assets like Bitcoin (BTC) and Ethereum (ETH), AVAX demonstrated resilience.
In the fourth quarter of 2023, Avalanche (AVAX) experienced a significant surge, achieving substantial gains attributed to increased institutional inflow and a growing adoption trend, particularly in the realm of tokenization initiatives and strategic partnerships.
Despite a challenging year for various top assets, including Bitcoin (BTC) and Ethereum (ETH), which underwent market corrections due to large liquidations, AVAX faced a market decline of 18% in the same period.
However, December proved to be a remarkable month for AVAX as it soared over 138%, emerging as a standout performer in the altcoin rally. Traders and institutional investors alike dis
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