Avalanche is a highly regarded blockchain platform known for its impressive scalability and speed capabilities, making it a popular choice for decentralized applications and custom blockchain implementations. Its unique consensus protocol is designed to optimize performance while maintaining a high level of security and decentralization. Developers are drawn to Avalanche for its compatibility with Ethereum, allowing for easy migration of existing projects to a more efficient environment.
more informationThe Steakhouse USDC Morpho Vault is gaining attention for its innovative approach to yield optimization in the DeFi space. By leveraging the unique features of Morpho, users can enjoy enhanced returns while maintaining a focus on stability and security. This vault exemplifies the growing trend of sophisticated financial tools designed to empower users in the cryptocurrency ecosystem.
more informationGeneral Information |
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---|---|
Title
Avalanche
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Title
Steakhouse USDC Morpho Vault
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Symbol
avax
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Symbol
steakusdc
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Whitepaper
-
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Whitepaper
-
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Website
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Website
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Community
-
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Community
-
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Last Updated
2025-03-09 23:58
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Last Updated
2025-03-09 23:55
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Price Data |
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Current Price $
17.97
$
|
Current Price $
1.078
$
|
High 24h
20.64
$
|
High 24h
1.078
$
|
Low 24h
17.88
$
|
Low 24h
1.075
$
|
Price Change 24h
-2.5083064548444
$
|
Price Change 24h
0.00167096
$
|
Price Change % 24h
-12.25002
%
|
Price Change % 24h
0.15525
%
|
Market Data |
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Market Cap
7442054924
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Market Cap
106825956
|
Total Volume
319250032
|
Total Volume
-
|
Market Cap Change 24h
-1036944025.2021
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Market Cap Change 24h
818157
|
Market Cap Change % 24h
-12.22956
%
|
Market Cap Change % 24h
0.77179
%
|
Return on Investment (ROI)
-
|
Return on Investment (ROI)
-
|
Supply and Availability |
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Circulating Supply
414196946.85922
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Circulating Supply
99099459.444742
|
Total Supply
450866416.6621
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Total Supply
99099459.444742
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Max Supply
720000000
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Max Supply
-
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Historical Data |
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All Time High (ATH)
144.96
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All Time High (ATH)
9.61
|
ATH Change %
-87.59432
%
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ATH Change %
-88.80497
%
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ATH Date
2021-11-21 14:18
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ATH Date
2025-02-07 09:20
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All Time Low (ATL)
2.8
|
All Time Low (ATL)
1.034
|
ATL Change %
542.02094
%
|
ATL Change %
4.13088
%
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ATL Date
2020-12-31 13:15
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ATL Date
2025-02-28 11:10
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Avalanche, represented by the symbol AVAX, is a blockchain platform known for its high throughput and low latency, which aims to deliver a highly scalable and efficient decentralized network. Its unique consensus mechanism allows it to process transactions at a rapid pace, distinguishing it from many competitors in the crypto space.
Avalanche operates on a novel consensus mechanism called Avalanche consensus. This mechanism relies on random sampling and repeated subsampling to enable secure and fast consensus without needing significant computational power or energy consumption. It promises speeds unparalleled by legacy blockchains, making it ideal for high-demand applications.
Avalanche boasts several benefits, including its impressive transaction speed and scalability. The platform is capable of managing thousands of transactions per second (TPS), making it suitable for a wide range of decentralized applications (dApps). Additionally, its architecture supports subnets or customizable blockchains within the network, allowing developers to tailor properties and functionalities to their specific use cases.
Despite its technological advancements, Avalanche is not without its challenges. One of the primary concerns is the growing competition in the blockchain space. Networks like Ethereum and Solana are also advancing rapidly, and Avalanche must differentiate itself continually. Furthermore, the adoption rate of its platform compared to more established blockchains could impact its long-term success.
Since its inception, AVAX has seen significant volatility. Upon hitting an all-time high (ATH) of $144.96 in November 2021, AVAX has since retraced to its current price of $27.01. The price drop reflects the broader market trend affecting cryptocurrencies, where many coins and tokens have seen substantial corrections from their ATHs. Additionally, the early stage of the project in December 2020 saw AVAX at an all-time low of $2.80.
Considering its intrinsic strengths, Avalanche possesses considerable growth potential. As blockchain technology continues to gain mainstream acceptance, Avalanche's fast transaction speeds and low fees could become significant selling points. The network's ability to support a large ecosystem of dApps and the potential for further technological enhancements also hold promise.
Avalanche presents a robust alternative to existing blockchain networks, with its combination of speed, scalability, and flexibility. However, its success will heavily depend on the broader market sentiment and its ability to continually innovate and attract developers. For investors and developers alike, Avalanche offers an exciting proposition within the ever-evolving world of cryptocurrency.
The Steakhouse USDC Morpho Vault (steakusdc) is an intriguing cryptocurrency asset that has gained traction in the decentralized finance (DeFi) landscape. With a current price of approximately $1.072 and a market capitalization nearing $99 million, this coin has shown both resilience and volatility in recent months. This article delves into the strengths and weaknesses of the Steakhouse USDC Morpho Vault while evaluating its historical performance and future prospects.
The Steakhouse USDC Morpho Vault aims to optimize yield farming strategies and provide users with a platform for stablecoin investments. By utilizing USDC—one of the leading stablecoins pegged to the US dollar—it offers a relatively low-risk profile compared to other cryptocurrency investments. The project leverages innovative DeFi protocols to enhance yield generation and provide liquidity, thereby providing value to its users.
Since its inception, the Steakhouse USDC Morpho Vault has experienced significant fluctuations. The all-time high (ATH) of $3.81 was recorded on February 4, 2025, while the all-time low (ATL) of $1.049 was reached in December 2024. This dramatic price movement illustrates the coin's volatility, driven by broader market trends, regulatory changes, and investor sentiment within the crypto space. Currently, the price sits at a notable discount compared to its ATH, raising questions about its future trajectory.
The Steakhouse USDC Morpho Vault presents several advantages:
Despite its promising features, the Steakhouse USDC Morpho Vault faces several challenges:
The future of Steakhouse USDC Morpho Vault is likely to hinge on several key factors. Its ability to innovate and adapt to the evolving DeFi landscape will be crucial for attracting and retaining users. Furthermore, should broader market conditions stabilize and yield farming strategies continue to gain popularity, the vault could potentially see renewed interest and investment. However, potential investors should remain cautious and conduct thorough research considering the inherent risks associated with the cryptocurrency space.
The Steakhouse USDC Morpho Vault offers an interesting blend of stability and yield potential in an increasingly complex market. While it has experienced notable highs and lows, its future will depend on innovation, market dynamics, and regulatory clarity. As with any investment, cautious optimism is advised when considering the potential of this cryptocurrency. Whether you are a seasoned investor or new to the crypto world, the Steakhouse USDC Morpho Vault is worth keeping an eye on in the coming months.