/biz/ - Business & Finance

I've seen many commenting on a supposed dirty war against AVAX since the mid-February bug. Do you think ETH and ADA users are looking to sink AVAX by being tough competition? or is it just paranoia?

Well, if we give ourselves the task of investigating a little the project behind AVAX, promoted by Ava Labs and Avalanche, very important details can be found.

The strength of the company is technological development, the Avalanche blockchain has already proven to be capable of performing 4500 transactions per second, which represents a great advance over what already exists in the market.

It is precisely this focus on tech that makes me more confident that its value will continue to grow. Constant innovation is a very good sign of financial growth, and while the AVAX market is not yet as big as the more traditional Altcoins, it is on track to be.

So my advice is that even if you have some AVAX saved, we don't know if something similar to what happened with BTC in 2017 or more recently will happen tomorrow.