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heytree27.
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tradersofcryptoAvalanche once again staged a fast recovery relative to other assets. With [BTC (BTC) recovering above $48,000](https://tradersofcrypto.com/news/why-bitcoin-btc-shows-year-end-weakness/) and [ETH](https://tradersofcrypto.com/news/can-ethereum-eth-take-the-spot-of-bitcoin-btc/) returning above $4,000, platform coins and other connected assets reacted immediately.
AVAX traded at $117.03, returning to trading volumes above $2.1B. Avalanche is one of the projects reflecting the interest in decentralized finance, and a platform that has aggregated multiple startups in 2021.
Avalanche has held onto most of its total value locked, which is now above $12.5B in notional value. The inflow of funds and collaterals has reached a steady-state since the initial almost vertical climb. The TVL on the network also hinges on the value of AVAX, as native tokens are the biggest source of staking collaterals.
# Kraken Opens New Trading Options for AVAX
The listing of AVAX on Kraken was announced five days ago, with trading starting this December 21.
Deposits and trading are already adding to the price moves of AVAX, though not yet reflected in liquidity or statistics. Currently, the most liquid AVAX pairing is the Binance AVAX/USDT pair.
Avalanche itself carries the Pangolin exchange, its native decentralized algorithmic trading platform. However, trading wrapped AVAX on this DEX is highly risky and illiquid. [Read Full Story](https://tradersofcrypto.com/news/avalanche-avax-rises-on-kraken-listing/)
**Story Highlights:**
* How High Can AVAX Go?
* Are Altcoins Going to Keep the Pace?
* Is a Bear Market in the Books?heytree27i dont see it available on my kraken account
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