Investment giant VanEck is weighing in on Ethereum (ETH) rival Avalanche (AVAX), warning that the project faces numerous serious headwinds. In a new report on the digital asset markets, VanEck analysts say that on-chain activity on Avalanche’s C-Chain has collapsed to critical levels. VanEck notes how Avalanche generated about $11,000 in fees per day in The post $77,800,000,000 Asset Manager Warns Future Is Uncertain for Avalanche, Says AVAX Facing Multiple Headwinds appeared first on The Daily Hodl .
