Larry Fink is really a big fish, he's a whale!

Yes, when reading all text details, it's not misleading because people always need to read a text.
My topic title didn't say what Larry Fink supports, it only says from what he supports, it might be a big opportunity for Avalanche.
But I have changed it to "Asset tokenization supported by Larry Fink - big opportunity for Avalanche?"

Yes, I believe as well a maximum cap of 720 million coins will help Avalanche to get more acceptance as a store of value, like Bitcoin is.
People will need stores of value against inflation.


I believe tech will get more important once really many big companies try to select a coin. When really many big companies try to select a coin, it will be very difficult for shit coins and bad technology to deliever a good result. It is when many experts will study which coins are good and technologocally good coins will be approved by experts.

But you are right, tech right now is really redundant right now and even big shit coins are getting bought.

It's not directly supported by Larry Fink but Blockchain revolution and tokenization of assets is, where Avalanche is having good partnerships already, like JP Morgan or Deloitte:
JPMorgan tests tokenized portfolios with Avalanche blockchain tech
Deloitte Partners With Ava Labs To Leverage Avalanche Blockchain

It's all about tokenization of real world assets and Larry Fink's article is a very good read, where Larry Fink sees really big benefits of tokenization and it will be a huge boost for all coins who support it.


It's a big opportunity for Avalanche because of tokenization of real world assets. And Avalanche is a leading cryptocurrency being able to have a good chance in a crypto-based "technological revolution", as predicted by Larry Fink because Avalanche’s goal is clearly to tokenize real world assets and Avalanche is really having a leading technology to do so.
We will see many cases, where tokenization will be a true, groundbreaking innovation and be a hot topic for various opportunities.
Larry Fink has not endorsed Avalanche directly.

If you realy want to kno why it's so bullish, you need to do more research, I'll give you 2 links here of already existing partnerships and more is about to come because if you also read Larry Fink's prediction it will be a true revolution many people don't know yet about.
And Larry Fink is a really big player, he knows what to talk about.

You are right, Avalanche is a real and unique L1 Blockchain.
Many people call Avalanche a token but Avalanche is a coin.

It's big shit coin and will fail as soon as people realize it is a centralized crap coin. Especially, when more but new centralized crap coins will be created and puped by a big marketing campaign it will be very difficult for Ripple to find more dumb people to dump coins on because only new coins will be liked more.

Long-term, only substantial coins will survive where a real benefit is given.

After Bitcoin ETF, Larry Fink, CEO of "BlackRock", a famous company, has spoken out very positively in favor of crypto and even labeled it as a crypto-based "technological revolution".
Here, for example, is an article in Forbes magazine and it’s a very famous magazine where only elite topics are discussed: https://www.forbes.com/sites/digital-assets/2024/01/14/this-is-just-the-beginning--blackrock-ceo-reveals-massive-crypto-plan-after-etf-sparks-wild-bitcoin-and-ethereum-price-swings/


In it, Larry Fink speaks very directly and he’s tremendously bullish:

"We believe this is just the beginning. ETFs are the first step in the technological revolution in the financial markets. The second step will be the tokenization of every financial asset. We have the technology today to tokenize. If you had a tokenized security... The moment you buy or sell an instrument, it is known to be on a ledger that is created all together. That eliminates any corruption because there's a tokenized system."
Larry Fink told CNBC.

In such a scenario, we can hope for unimaginably bullish times ahead for cryptocurrencies, but only for coins who will prevail in such a technological revolution. We don’t need to hide any fact to possibly see such cryptocurrencies will multiply in value in such a bullish scenario.

---

Actually, Solana is leading in attention, but experts consider Solana's technology to be a big, flawed shame and Solana only seems to be so popular actually due to enormous hype and unreasonable speculation.
Polkadot, a cryptocurrency currently leading Web3 because it’s also supported, has recently failed to score points against competitors despite its supremacy and support of Web3, because experts complaining primarily about a lack of innovation.
Instead, Ethereum, Solana and Avalanche made strong gains.
Considering what centralized shame Solana Coin really is and a lack of innovation in Polkadot, we have to ask ourself how to diversify our portfolio.

---

IOTA would have had a chance to shine here, but development is progressing very sluggishly, to put it positively.

It needs an innovative digital infrastructure who is innovative but meanwhile not hot air, such as Solana. Ethereum is always leading but Ethereum has a big problem of wagering all old "ballast", what's already on its blockchain.


I see Avalanche from famous professor Emin Gün Sirer and his coin’s innovative subnets approach as an interesting project, what has already met a great approval from companies and experts. For example, Omer Demirel, a Web3 and Blockchain researcher from ETH Zurich is very bulish about Avalanche's technology.

And also US bank JP Morgan, which wants to use Avalanche to tokenize funds and manage portfolios: JP Morgan's Onyx Taps Avalanche for Tokenized Funds, AVAX Jumps 14%.

Not only JP Morgan, but the Bank of England is also planning its digital cryptocurrency on Avalanche: https://www.forbes.com/sites/jasonbrett/2020/04/18/emin-gn-sirer-as-digital-financier--united-kingdoms-open-central-bank-digital-currency-project/



As a conclusion, I see Avalanche as leading cryptocurrency being able to have a good chance in a crypto-based "technological revolution", as predicted by Larry Fink because Avalanche’s goal is clearly to tokenize real world assets and Avalanche is really having a leading technology to do so.

We will see many cases, where tokenization will be a true, groundbreaking innovation and be a hot topic for various opportunities.

---

It will remain exciting to see which project will secure a leading position in tokenization.

Which fundamentals do you see as important for any next bullish steps and which cryptocurrency do you believe is best positioned and a buy for our bag?