Avalanche Network Activity Plummet As Ethereum and IntelMarkets Metrics Reach New Milestone 

Amid the uncertainty in the crypto market, the number of active addresses, transactions, and gas fees on Avalanche has dropped between April and September. On the other hand, the volume of Ethereum stablecoin transactions reached a peak of approximately $1.5 trillion in the past 45 days.

Meanwhile, IntelMarkets has raised over $270k in its ongoing ICO. Analysts forecast this amount could surpass $1 million before the end of September based on the current growth rate of the project, making INTL a top crypto coin to get.

Activity on Avalanche (AVAX) continues to suffer as the bear market continues to linger. Data from Nansen shows the number of active addresses on the Avalanche network has dropped from a peak of 70k in July to a low of 23k in September.

Similarly, there has also been a massive drop in the number of transactions and gas fees. The number of transactions has plunged from a peak of over 500k in April to 60k in September, while gas fees plummeted from 300k in April to 20k in September.

On the other hand, the price of Avalanche coin is currently consolidating between $20 and $28 on the monthly chart. Also, its market is around the $8-$11.5 billion mark. Trading above the 50-Day SMA ($23.26), analysts forecast the Avalanche price could jump to $30.95 in the coming weeks.

Per data from Artemis posted by crypto researcher Leon Waidmann on X, the volume of Ethereum stablecoin transactions has soared to a peak of almost $1.5 trillion in the past 45 days. This is a major achievement for the Ethereum network, given the bearish sentiment in the general market.

The Ethereum coin price is currently consolidating between $2.2k and $2.8k on the monthly chart. Its market valuation is also ranging between $260 billion and $340 billion on this timeframe. 

The cryptocurrency has suffered losses in the past few months, failing to reach the $4k region. Ethereum price is trading below the 50-Day SMA at $2,645.36 which could be a major resistance in the future. Analysts say the altcoin must cross this mark in the coming months to begin an uptrend.

From improving mundane tasks to providing cutting-edge solutions, Artificial Intelligence (AI) is quickly becoming a part of our everyday lives. IntelMarkets (INTL) is a new trading platform that is infusing AI-driven smart trading applications into the global crypto trading platforms space valued at over $36.5 billion.

At its center, IntelMarkets will integrate the use of AI in conjunction with the use of blockchain technology to launch a new crypto trading platform. For example, traders are able to copy the trades of professionals and utilize Intelli-M™ bots to take profits or allocate capital. 

It is also important to note that these trading robots will also be self-learning – thus, they are able to write their own script and adapt it depending on the results. Therefore, IntelMarkets has the potential to turn into a favorite for millions of traders worldwide. 

In addition to this, IntelMarkets will have a dual-chain structure. It will support both Solana and Ethereum blockchains, allowing traders to enjoy low fees, high throughput, fast transactions, and high liquidity.

Presently, Avalanche and Ethereum are under bearish pressure. They might only see little gains in the coming months if positive sentiment returns to the market. On the other hand, IntelMarkets is in the first stage of its presale and has a lower market cap.

These factors make IntelMarkets a better crypto with chances for higher ROI. Besides, analysts forecast the price of INTL will increase by 11x before the year ends, as they have set a price target of $0.1.

Discover More About Intel Markets:

• Presale: https://intelmarketspresale.com/
• Telegram: https://t.me/IntelMarketsOfficial
• Twitter: https://x.com/intel_markets

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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