In the crypto space, Avalanche (AVAX) is starting to stand out due to its large number of bullish investors despite experiencing good dips in the past year. Data from IntoTheBlock shows that out of the total profiled addresses in AVAX, 785,000 or 25.35% of it are in the green. This implies that a large number of addresses are in desirable profits.

AVAX is capable of backing up its market price as the year-to-date period has achieved up to 60.97% growth. Such a surge is seen to remain as a catalyst for positivity in the digital currency's community. This can be observed through the volume of tweeted comments surrounding the currency being highly skewed towards the positive side. Despite hacks and slumps in the recent times, the number of positive comments in Twitter regarding Avalanche is higher than the negative tweets.

The success and progress of AVAX in the year 2020 alone has been tremendous despite the fact that it had to endure the crypto winter just like most coins. Its ATH was recorded at $146.22 back in early 2020 and is still 87% down from those levels. Another remarkable move is its investment in partnerships and the subsequent collaborations it made.

The data reflects investors' trust and confidence in the success of AVAX despite the turbulence it has undergone. The volume of holders still in the green just goes to show that it is a cryptocurrency deserving recognition and potential to look forward to in 2021.



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