Investors of Proof-of-Stake ecosystems Avalanche (AVAX) and Solana (SOL) lead today’s market losers. The same weakness did not extend to the newly-minted PoS giant Ethereum which added 1.40% in the same session.
Worried about experiencing further declines, Avalanche (AVAX) and Solana (SOL) traders retreated to the new crypto craze, The Hideaways (HDWY). The project eyes tapping the trillion-dollar luxury real estate market through NFTs.
Avalanche (AVAX) Sheds 2.18%, RSI Show Signs of Weakness.
Among today’s PoS losers is Avalanche (AVAX). This smart contract platform that rivals other Proof-of-Stake players like Ethereum (ETH) and Solana (SOL) has declined 2.18% to $16.85 during the day.
The token’s trading volume fell to $350 million, representing a 20.79% decline from the previous session. Investors migrated their holdings to more stable and high-yielding assets like The Hideaways (HDWY).
