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This strengthens Avalanche’s chances of making its way back up on the charts
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Avalanche’s price witnessed quite a good rally during the initial 20 days of November. In the aforementioned period, the asset witnessed a 134% pump from $62 to $147. Post that, however, the coin started spending more time towards the downside.
Despite the state of the broader market or its own ongoing correction phase, AVAX would soon re-kickstart and start setting records on the price chart.
Avalanche’s ecosystem is slightly different when compared to that of other networks. AVAX tokens exist on the X-Chain and can be traded there. While on the C-Chain, they can be used in smart contracts or to pay for gas.
At this stage, it is important to note that Avalanche burns all the AVAX tokens received as transaction fees. In the month of November
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