Avalanche network’s native asset AVAX has climbed to $42, a 20% increase in the last 24 hours following a significant rise last week. The rise in AVAX’s price enabled it to surpass the market value of the largest memecoin, Dogecoin (DOGE). With this move, Avalanche boosted its weekly gains to an impressive 85% rate.

Avalanche 網路的原生資產 AVAX 在上周大幅上漲後，在過去 24 小時內上漲了 20%，已攀升至 42 美元。 AVAX 價格的上漲使其超過了最大的 memecoin 狗狗幣 (DOGE) 的市值。透過這項舉措，Avalanche 將其每週漲幅提高到令人印象深刻的 85%。

The Notable Rise of Avalanche DEX

Avalanche DEX 的顯著崛起

Data provided by DeFiLlama shows that Avalanche has also gained significant momentum in the decentralized finance (DeFi) sector. It highlights notable developments regarding Trader Joe, the leading decentralized crypto exchange (DEX) built on the Avalanche network. On December 11th, Trader Joe’s fee revenues surged to $1.23 million, reaching the second-highest level of the year, and the platform’s income increased to $145,000, marking a significant milestone. Meanwhile, AVAX’s price saw a noteworthy increase of 20% in the last 24 hours, surpassing the $40 level.

DeFiLlama 提供的數據顯示，Avalanche 在去中心化金融（DeFi）領域也獲得了顯著的發展動能。它強調了 Trader Joe 的顯著發展，Trader Joe 是建立在 Avalanche 網路上的領先​​的去中心化加密貨幣交易所 (DEX)。 12月11日，Trader Joe的手續費收入飆升至123萬美元，達到年度第二高水平，平台收入增至14.5萬美元，標誌著一個重要的里程碑。與此同時，AVAX 的價格在過去 24 小時內大幅上漲 20%，突破了 40 美元的水平。

This surge has placed AVAX among the top 10 cryptocurrencies by market value, with the price reaching its highest point since May 2022. During the same period, the price of Trader Joe’s native asset, JOE, also increased by over 9%.

此次飆升使 AVAX 躋身市值前 10 名加密貨幣之列，價格達到 2022 年 5 月以來的最高點。同一時期，Trader Joe 的原生資產 JOE 的價格也上漲了 9% 以上。

The Rising Number of Large AVAX Transactions

大型 AVAX 交易數量不斷增加

On-chain data platform IntoTheBlock’s data indicates a significant increase in the number of large AVAX transactions. This data peaked last week with nearly a thousand transactions exceeding $100,000. Although these levels are not yet comparable to the numbers recorded during the previous bull market, they are considered a positive indicator for a rising market.

鏈上數據平台IntoTheBlock的數據顯示，大額AVAX交易數量顯著增加。該數據上週達到頂峰，有近千筆交易超過 10 萬美元。儘管這些水平尚無法與先前牛市期間記錄的數字相媲美，但它們被認為是市場上漲的積極指標。

Moreover, Avalanche has created substantial market interest by strategically incentivizing its validators, leading to a notable increase in market value. As known, the fourth-generation Proof of Stake (PoS) Blockchain announced on December 7th that it allocated over $275 million in AVAX to reward its validators from the previous year. This proactive approach, aimed at rapidly confirming transactions, underscores Avalanche’s commitment to providing a resilient and decentralized network.

此外，Avalanche 透過策略性激勵驗證者，創造了巨大的市場興趣，導致市場價值顯著增長。眾所周知，第四代股權證明（PoS）區塊鏈於 12 月 7 日宣布，它分配了超過 2.75 億美元的 AVAX 來獎勵上一年的驗證者。這種旨在快速確認交易的主動方法強調了 Avalanche 對提供彈性和去中心化網路的承諾。

The financial outcomes of Avalanche’s validator incentives have sparked debates and excitement within the AVAX community. Furthermore, as the year draws to a close, various speculations have emerged that AVAX could rise to much higher levels. Technically speaking, the next critical resistance level for the popular altcoin is at $53, which is 25% above the current levels.

Avalanche 驗證者激勵措施的財務結果在 AVAX 社群內引發了爭論和興奮。此外，隨著年末的臨近，出現了各種猜測，認為 AVAX 可能會升至更高的水平。從技術上講，流行山寨幣的下一個關鍵阻力位是 53 美元，比目前水準高出 25%。

繼續閱讀：https://en.coin-turk.com/the-remarkable-ascent-of-avalanche-avax-surges-beyond-expectations/