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I believe that Avalanche (AVAX) (https://www.coingecko.com/en/coins/avalanche) will go to $1,000 and beyond and will capture a massive share of DeFi.

It is BLAZING FAST at very low fees while being truly decentralized, with more than 800 validators on its Proof of Stake network already. Literally sending to another address is instantaneous, even depositing into an exchange like Binance takes less than a minute to have everything credited on there. This is what crypto is supposed to be like in 2021! Fast AND true to the vision of decentralized crypto. Price at the time of my posting is about $22.30 with great big news happening every other day. The ecosystem is growing rapidly.

Are you an Avalanche holder? If you aren't yet the chances are very high that you will be. Let's go to the moons.

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This is really interesting, but nothing new. Stellar has been offering blazing fast transactions for years now (took me less than 3 minutes to move money from Kraken to Binance last week) with amazingly low fees ( base rate 0.00001 XLM, so basically nothing). It's a protocol that's tried, tested and trusted - USDC is now running on Stellar, too. Plus it's on pretty much every exchange so I can move my money around anywhere, with no problems.

To be completely clear, I hold both AVAX and XLM and I think AVAX is very interesting with plenty of use cases. But for moving funds around, absolutely nothing beats XLM in my book

last time i read polkadot will be next ethereum and now AVAlanche is the next eth,
but even this project bring something new, but its not enough because ethereum community already become a huge community in altcoins world
thats why its impossible for this coin to become the next eth

You're right, Stellar is really fast. But it's not really decentralized. Avalanche already has 800 validators on the network.



Yes you're right, Ethereum has a huge community and network effect. However, it's currently a whale network. Average joe can't participate productively because of insane fees. The move to ETH 2.0 will take years. The migration to other, technically better networks has already started. I'm actually not suggesting Avalanche is the next Ethereum, but that it's way better. It's transcending Ethereum.

The question is what will people ever use Avax (and Dot) for?

The main use of ETH is create and buy/sell shittokens.

Their only dApp i ever used is Uniswap.

Why does making a better ETH make Avax worth billions? Honest, unbiased question.

Theres 100s of projects like that isnt there? I dont mean to sound too negative but I rather
hype a project thats still very cheap. Of course in this market right now Avax will probably
grow, but why do you think it will ever be #1 or #2 in Coinmarketcap?

Thats the project we need. Preferrably still at $2m market cap so everyone can get it cheap :)

With the massive DeFi now we need another platform like ethereum, but what makes avax the best alternative ethereum ? Why not people just use polkadot or ada which created by ethereum co founder and they know what the negative about ethereum ?

Anyway, everyone can formulate that a certain project is better than the popular network. They can give all the advantages of its features. Just like projects before who want to beat bitcoin. But look at what we have now, does anyone beat bitcoin? No one yet. So now, there are several projects that are actually promising, but beating ethereum, not in so many years. Eth has been established and it would take years for a particular project surpass the achievements of eth. Even though it has flaws, still people will go to eth.

If you are seeing the market and this time there are lots of new smartcontract platforms and it's not only avax.
OP was only promoting for AVAX and no more, You must see that from his words. AVAX is only better on its technical reason consider AVAX already fixed the scalability problem on ethereum.
I don't see another interesting thing other than this.

Yeah, Avalanche is really cool. I have some tokens, because I participated in social mining. I follow the project development and all updates. I see there are many prospective partnership, which can bring Avalanche to the new levels. Price already shows that community is interested in the project. Many solutions can be really useful for cryptocommunity, so we can see new heights of the AVAX soon

Both are unique by its way. Avalanche being a platform dedicatedly developed for the swap/transaction support for the DEFI projects. On the other side, it serves as the platform for the development and trading of own assets in an decentralized manner. This hasn't gained the attention till the recent price bounce in the market. Month ago the price was close around $6. Today it has reached above $23, and that's the reason why people are into comparison against ethereum.

I hope this will stop one day. BCH, BTG etc is better than BTC, hope we can see who is the king. EOS and others are the ETH killer, where are they today? ETH has very global use cases and more than 80% of project rides on them. Let's stop deceiving ourselves with all these new project that keep overpromising

Wait until the userbase increases then you can say it is really blazing fast.  That is if it actually boom like that.  Comparing it to ETH, well ETH had proven itself many times, though it would be great if we have another altcoin that can surpass it.  But claiming it this early is just nonsense at least.  Beat ETH first then say this stuff again.

Too many copycat projects that claimed themselves as a better version compared with the real one. Avax is indeed superior on its technical system but remembers this one is also learning from the problem faced by ethereum to make it even better.
Imagine when the scalability problem on ethereum will be solved and that will change everything dude.
I just call that as a shilling only and no more. So many shillers from ripple and various platforms have ever claimed themselves to be better versions of ethereum.

I think its safer to go in smaller projects like Cosmos, Solana, Harmony  (they are not that cheap but still much cheaper than Avax or ETH.

Please don't shill the coin you love this way. With my respect to the future of AVAX, $1000 is unrealistic price for AVAX in this year.

I don't get reasons from which you conclude that AVAX will hit that price. Is it from its max supply (760,000,000)
https://coinmarketcap.com/currencies/avalanche/

That coin has lower max supply than other altcoins and Ethereum but it is not the only reason will decide the price.

Many altcoins have low fees but price is not decided solely by fees. You can hope as Ethereum had a price about $50 in 2017 and in January 2018, it topped up higher than $1300. It is one year growth and you can hope AVAX to repeat it in next one year.

yes, I tried to deposit some AVAX in binance, it didn't take long, you can say that in terms of speed this coin is fast enough for transactions, and in terms of price it also seems that this coin has great potential in the future. in just 2 months, from the very beginning when this coin was listed on the exchange $ 2.80 and now it has reached $ 29. quite impressive to me

With crypto transactions, you have to care of safety, transaction fee and speed. Safety would be the first if you are moving a big capital or just big portion of your capital. You can choose many altcoins with cheap fee and fast speed for transactions, but their total hashrates are low and your transactions can get troubles with exchanges if you move them in the times of replay attacks.

Polkadot is better than Avalanche but they are too young and with bull market, you will see more potential projects. Not all of them will be able to show up their potentiality with the bear market. Go ahead but just beware of risks from young projects.

It's caused by avax is more scalable compared with ethereum and the users will need to pay small fees. The dapps will take the advantage of small fees. It's not easy to create a platform in a new chain dude.



You should read the whitepaper of AVAX and this platform is quite better in terms of technical aspects but avax is still nothing compared with ethereum in another aspect.

If Avalanche is better than Ethereum, I can look at the wallet and supported tokens to see how it works.

There is now an Avalanche-Ethereum bridge to easily transfer assets between the two blockchains

Check it out

https://aeb.xyz/#/transfer

Probably should not trust any links posted here. Especially not by a new user and $1 .xyz domain

Fusion - [ FSN ] is the next Ethereum

https://investorplace.com/2021/02/5-lesser-known-cryptocurrencies-to-buy-before-the-crowd/

I think avax could have a great future, they have now built the bridge as well, which means anything on ethereum blockchain could be wrapped and move to avax, that way you could move a lot more freely there and you could potentially get cheaper, faster and better transactions there as well.

I personally think Avax team is working very hard to become something major, being "better" in technology isn't always relevant to the price, even though the price went up a lot as well (I remember avax being 50 cents just few months ago and now 30 bucks) it may never pass ethereum, it is a bit more about popularity. However as long as avax keeps building all these new things and get better, I think they are going to grow a lot and price will definitely show that in the future, 100+ dollars is not impossible right now by the looks of it and I think that is going to make a lot of people very rich.

Developers of new projects always say their projects are better than old projects and can bring innovations to blockchain technology and society. Same goes for Avalanche. I don't judge this project is a bad one but has anyone thought that there are more projects that have low total supplies and why?

What are purposes of low total supplies? Simply use this to attract investors and get hype with price in early days. What will happen in later days? Values of projects and prices are not decided by total supplies.

It is one of the best new projects but I doubt about long run success with new projects are born in bull market. Let the time tells us.

I found out that this link is valid, but the number of tokens supported is very small, but this is just the beginning. Here is the official one from the project https://t.me/avalanche_announcements/229 https://t.me/avalanche_announcements/245

At this time, i really can not wait for an alternative to the ethereum blockchain, a network that save same purpose as eth network and equally very cheap and even if the price decided to pump it won't affect the transaction fees, to be honest am pissed with this outrageous trans fees we have to endure till eth 2.0 will come to our rescue even though there is no time line when will that be.

That's true but needless to say ALWAYS do your research --

for the sake of proving legitimacy:

https://twitter.com/avalancheavax/status/1358824632464334850 (tweet #2 contains the very same link)
https://www.theblockcrypto.com/linked/94159/bridge-avalanche-ethereum-defi-networks

enjoy

Avalanche is very very fast, the team are also experts in the field just like Polkadot, I'm impressed honestly we need more projects like Avalanche and Polkadot, promising team work and professionalism can't lie, also I don't mind if avalanche will beat Ethereum or not because that's not even what I'm interested in right now, I just want a project that performs better and that's avalanche

Yes, AVAX is a well created project that will be great in this year. I'm following the price movement of the token and it's sign of a good indication that the project have a lot of supporters. It gains +68.87% in the last 24 hrs. with current price of $50. I think it's because they have partnership with other cryptocurrency like HNT and Pickle. They also have additional exchange in Bitpanda making them additional way to trade with other tokens. It's not possible that they will beat Ethereum but Ethereum will also do there best not that happen.

It seems the only thing they could do is bring a new token, ETH2, and let ETH die.

The link is valid, it is on their telegram as well as on their discord as well. I think the bridge will be fine for people who are willing to move their assets once by paying a huge sum (because of ETH, nothing to do with avax) and after that you move it around for nearly free and after you are done moving it around you go back to eth again paying a huge sum again.

Now what this achieves is that, assume the eth transaction cost is 20 dollars, you do 10 moves in there and you pay 200 bucks, instead here you do two moves, all others are nearly free, so you pay 40 bucks with the same numbers but still do 10 moves. That is the type of power this bridge will have, is it insanely used? Of course not, it is just getting started, but we have seen the type of hype avax has from the price recently so you could definitely understand why this will be used and liked a lot in the near future.

I think you are wrong, I think that in the future the team will make it possible to send tokens from the Avalanche blockchain to the exchange, plus I think all exchanges will join because there will be many clients.

No altcoin can replace Ethereum while Ethereum is still very much alive, the only problem affecting eth now is high gas fee, many developers still prefers Ethereum and even there is more interest on Polkadot over avalanche

I saw your message yesterday and after that I went to Binance to buy it. But I saw such a high pump of this coin that I decided to wait, but today I see that the price has risen higher. Damn this is the standard situation in a growing market. Take it faster =)

if AVAX will consistent with that advantages continuously, this could be better than ethereum. but usually if there are more users, the transaction speed will also decrease

The coin has been in the top 100 for a long time, it was in the top 20, but now at 22 positions, the most important thing is to have low commissions. For me, this is the main indicator, no one wants to pay huge commissions.