Avalanche has scheduled February 14th as the date for the Durango upgrade. In another development, Chainlink has soared to a two-year high, signaling strong market momentum. Meanwhile, the countdown has begun for the best DeFi project, Pullix. Its launch is just 30 days away and promises to shake the crypto space.
Chainlink (LINK) Price Soars 27.0%
On-chain analytics firm Santiment has reported that Chainlink’s (LINK) Age Consumed metric soared to 5.35 billion on Tuesday, a 404% increase from 1.06 billion.
Interestingly, this jump in Age Consumed led to an increase in the Chainlink coin value. The cryptocurrency reached a 2-year high of $17.84, its highest since January 2021.
Meanwhile, Chainlink coin looks good on the weekly and monthly price charts, with a 27.0% and 28.7% increase in the last week and month, respectively.
In addition, Chainlink’s year-to-date high has increased to 144.6%. If this price surge continues, the DeFi cryptocurrency could rise to the $25-30 region in the coming weeks.
Pullix (PLX) Launch Countdown Begins, 30 Days From Now
Amidst hype about its hybrid exchange, the Pullix (PLX) team has announced that the platform would be available within the next thirty days. The announcement of the launch has sparked excitement among cryptocurrency investors as more jump on board. Furthermore, Pullix’s presale was a huge success, which says a lot. In the past two months, the native token, PLX, has increased by 150% from $0.04 to $0.10.
Furthermore, it has raised roughly $4.8 million and onboarded over 15,000 users. In the cryptocurrency community, Pullix is a hot issue due to the increasing interest from investors. Let’s now examine three essential elements of the Pullix ecology.
A program called VaultX was created to let customers profit from compound interest on their cryptocurrency holdings. Pullix offers high Annual Percentage Yields (APYs) in an effort to increase your cryptocurrency earnings.
Because of its reputation for having minimal costs, investors can trade tokens on Pullix DeFi Swap at a reasonable cost. Pullix Swap is unique in that it uses smart contracts to handle trades instead of middlemen.
Using an Automated Market Maker (AMM) model, unlike traditional exchanges, Pullix Swap facilitates trades against a liquidity pool, meaning you don’t need to find a direct trading partner. This leads to quicker transactions and reduced
swapping fees.
Avalanche (AVAX) To Perform Durango Upgrade on February 14th
Avalanche (AVAX) has fixed February 14th as the date for the upcoming Durango upgrade on the Fuji testnet. This upgrade is a top development within the Avalanche ecosystem.
The Durango upgrade would bring Avalanche Warp Messaging (AWM) to the C-chain. This new feature will change cross-chain communication within the Avalanche network.
In other news, Avalanche native token, AVAX, has also seen bullish gains like Chainlink. The DeFi cryptocurrency has increased 12.6% in the past week to a 7-day high of $37.09. Analysts are bullish about its price movements and see more gains in the coming weeks after its upgrade. So, they predicted a rise to $50.
Final Thoughts
Analysts are confident that Pullix’s unique features will boost adoption following its launch. Currently, PLX is in its 7th presale stage, with tokens available at $0.1. This is an ideal time to join the best DeFi project before its launch in 30 days.
For more information regarding Pullix’s presale see links below:
