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Smart Contracter Predicts AVAX To Hit New ATH Before BTC & ETH

According to a prominent crypto analyst and trader known as Smart Contracter, Avalanche (AVAX) is likely to break a new all-time high before the two leading digital assets Bitcoin (BTC) and Ethereum (ETH).

The analyst shared with his 205K followers on Twitter that Avalanche (AVAX) is probably the first top-20 crypto asset that will break new all-time highs under the current market conditions.

Avalanche is a layer one blockchain that works as a platform for decentralized applications and custom blockchain networks. It aims to challenge Ethereum as the most popular blockchain for smart contracts, by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.

After multiple months of downward spiral, Smart Contracter believes that a change of trend is incoming.

“Multi-month downtrend break on that daily close for AVAX.

I reckon this will probably be the first top 20 coin to make a new ath [all-time high], well before BTC and ETH do imo [in my opinion]”

At the time of writing, AVAX is trading at $89.62, down 8.8% on the daily chart.

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