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📈Crypto Trader Says Avalanche (AVAX) To Surge by Double Digits, Updates Outlook on Solana (SOL). A closely followed crypto strategist is predicting Avalanche (AVAX) will undergo a massive surge due to one main reason. Pseudonymous crypto analyst Altcoin Sherpa tells his 196,600 followers on the social media platform X that the Ethereum (ETH) rival could increase by more than 12% from its current value. - The analyst says that Avalanche is in an uptrend after the launch of Friend.tech rival Stars Arena, a decentralized social finance application (SocialFi), on the AVAX blockchain. Friend.tech launched on Coinbase’s Base blockchain.💹

📈XRP Ruling Cannot Be Cited as Precedent for Other Crypto Cases: Judge. John Reed Stark, the former Chief of the SEC Office of Internet Enforcement, has taken to the X platform to share his discernment on Ripple’s recent victory against the U.S. regulator.💹

📈Avalanche Social App Stars Arena Drained of $3M in AVAX After Hack. The newest viral application launched nearly a week ago and quickly gained a cult following.💹

📈ADA Challenges Resistance as It Leads in Development Activity. The blockchain intelligence platform Santiment revealed in an X (formerly Twitter) post that Cardano (ADA) has recorded the highest level of development activity over the past 30 days. According to the post, Cardano pushed the highest number of notable Github commits throughout this past month.💹

📈Yuga Labs Prepares For Layoff Round: “We’re Aren’t Optimized”. Yuga Labs joins the ranks of casualties in the ongoing crypto winter storm.💹

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