

The ongoing recovery in the crypto market has helped to push top DeFi projects like Avalanche and IntelMarkets into the limelight. While Avalanche’s TVL and Stablecoin market cap has increased, IntelMarkets has crossed $730k in funding.
Crypto market analysis shows that top DeFi projects are making headlines. While Avalanche (AVAX) saw an increase in its on-chain metrics, with TVL crossing the $1 billion mark, and stablecoin market cap surpassing $2 billion, IntelMarkets (INTL) has hit a milestone in its crypto ICO, aiming for $1 million in funding before the end of October.
As the crypto market recovers from the bear market slide, on-chain data analysis showed changes in specific Avalanche (AVAX) indicators, particularly the total value locked (TVL) and stablecoin market cap.
According to data from DeFillama, the TVL of Avalanche crypto has crossed the $1 billion mark this week for the first time since April. At the same time, the stablecoin market cap has surpassed the $2 billion mark, indicating increased interest in the network.
This increase in TVL and stablecoin growth shows more organic demand for the Avalanche coin. Currently, AVAX price is trading between 50-SMA ($24.51) and 200-SMA ($32.54).
Crypto analysts are bullish on AVAX and have given price targets. CryptoKaleo predicts that the Avalanche price could pump to $50 in the coming weeks. Another analyst, Theo_Crypto99, gave a target of $52.50.
IntelMarkets (INTL) Hits Milestone, Targets $1M in Funding for October
Today, there is a lot of attention on IntelMarkets (INTL). The DeFi project has raised $732k in crypto ICO and is now aiming for $1 million. Analysts are very bullish about IntelMarkets and its future potential.
This is because IntelMarkets is entering a massive sector, the $36.5 billion global cryptocurrency trading platform market.
IntelMarkets will be incorporating AI and blockchain technology into its upcoming crypto exchange. That is not all. IntelMarkets will be a dual-chain platform supporting both Ethereum and Solana.
Traders can choose what blockchain they want to use. Ethereum is valuable for security and access to liquidity pools, while Solana is well known for their speed and cost per trade.
Intels Markets is said to be 500x faster than Starknet in daily trade settlement. But, there is another type of trading done on IntelMarkets called perpetual futures trading. This type of trading has no expiration dates and is available 24/7, meaning there are no restrictions on the time that a particular user can spend trading.
Other benefits include access to high liquidity, high leverage of 1000x, and risk management tools. Because of its growth rate, analysts have forecasted that the native coin of the exchange, INTL, could skyrocket from $0.018 to $0.3 before the year ends.
The Best Cryptos To Buy Among Avalanche, Ripple, and IntelMarkets
Avalanche (AVAX), Ripple (XRP), and IntelMarkets have achieved new milestones in the past week. Analysts forecast their values could skyrocket in the coming weeks as the market gets prepared to end the year with a bang.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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