Artificial Superintelligence Alliance, Bittensor, Sui, and more: Cryptocurrencies to watch this week

Avalanche is a blockchain network positioned as a direct competitor to Ethereum, with a focus on improving transaction speed and reducing fees. Avalanche claims significantly faster performance, handling 6,500 transactions per second (TPS) compared to Ethereum’s 12-15 TPS. This scalability and cost-efficiency have been central to its appeal, especially for decentralized applications (dApps) and financial solutions.

Recently, Avalanche celebrated its four-year anniversary since its official mainnet launch, marking a key milestone in its development and continued growth within the blockchain ecosystem.

The cryptocurrency is up by over 14% in a week and is currently trading at $27.