The UAE's national digital identity platform, UAE Pass, uses blockchain technology for its digital vault but does not officially confirm Avalanche as the underlying blockchain protocol. While Avalanche has established a foundation in Abu Dhabi and partnered with local fintech firms, there is no public evidence it powers the UAE Pass system used by over 11 million people. Confirmed integration would boost Avalanche's credibility, but current claims lack official support and could harm trust if disproven.
South Korea is set to implement a new regulatory framework starting February 4, 2027, allowing blockchain-based issuance and trading of stocks, bonds, and other financial instruments. The Korea Securities Depository (KSD) will link traditional financ...
Avalanche (AVAX) experienced a sharp price drop of 3.64% within an hour, falling to $10.57 on Binance's AVAX/USDT spot pair. This decline extended its 24-hour loss to 3.75%, with the price previously at $10.97 an hour earlier. During this period, lon...
NEAR Protocol recorded $197.55 million in 24-hour decentralized exchange (DEX) volume, narrowly surpassing Avalanche's $193.92 million, driven largely by NEAR Intents, an intent-based trading system simplifying user trades. NEAR Intents has processed...
Pharaoh Exchange, a decentralized exchange on Avalanche, recorded its highest monthly trading volume of $2.866 billion and fees of $2.48 million, surpassing previous quarterly benchmarks. Despite a total value locked (TVL) of around $50 million, its ...
Avalanche activated its Helicon upgrade on Mainnet on September 22, introducing a new C-Chain execution model called Continuous Execution that separates consensus from transaction processing to improve speed and capacity during high demand. The upgra...
