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The much-anticipated Avalanche9000 upgrade introduces improvements that make it cheaper and easier to launch “subnet” blockchains.
Sustained demand from buyers has pushed Bitcoin to a new all-time high, opening the doors for a rally toward $113,000.
The technical changes are designed to attract developers to the ecosystem and let them create their own customized blockchains, known as subnets.
Bitcoin institutional adoption surges, MicroStrategy makes another massive BTC purchase, and Avalanche secures major funding in today's edition of the weekly recap. U.S. Bitcoin ETFs breach $50.
Avalanche has consolidated over the past two weeks. With a bearish crossover, AVAX might decline before a breakout.
The price of Avalanche (AVAX) has continued its uptrend and recovered above the 21-day SMA support.
This week marked one of the largest single investments in blockchain infrastructure this year. The period also saw significant investments across infrastructure, AI, and financial services sectors, with cumulative funding exceeding $400 million.
Avalanche (AVAX), a prominent competitor to Ethereum (ETH), has secured $250 million through a token sale with backing from Galaxy Digital, Dragonfly, and ParaFi Capital.
Avalanche (AVAX) has faced substantial price fluctuations recently, but its recovery has generated hope for a potential breakout. After a sharp decline earlier in the week, AVAX has gained significant momentum, rising by 13.28% in a single day.
Ethereum (ETH) rival Avalanche (AVAX) has raised $250,000,000 from a locked token sale led by Galaxy Digital, Dragonfly and ParaFi Capital. According to a new announcement, Avalanche says that more than 40 companies participated in the sale, including SkyBridge, Hivemind and Morgan Creek Digital.
Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout.
Avalanche has just raised a towering $250 million in a private crypto sale for the network's Ethereum-challenging blockchain. Lead investors Galaxy Digital, ParaFi Capital and Dragonfly were joined by more than 40 investment firms including Anthony Scaramucci's SkyBridge Capital and AI/crypto investment firm Morgan Creek Digital.
Avalanche (AVAX) has ignited excitement with a major announcement that could significantly impact users and the broader cryptocurrency sector. In a post on X, the Avalanche Foundation outlined a timeline regarding its much-anticipated upgrade.
The $250 million secured by Avalanche Foundation will be used to advance its Avalanche9000 upgrade to revolutionize blockchain scalability and adoption.
With the Avalanche9000 launch set to transform the Avalanche blockchain and expert AVAX price predictions signaling bullish momentum, what's next for AVAX?
Avalanche (AVAX) raised another $250M in a private funding round, its biggest financing injection so far.
Avalanche announced the recent closure of a $250 million token sale that will support the upcoming launch of Avalanche9000. This major upgrade aims to turn Avalanche into a swarm of interconnected L1s.
AVAX has rebounded 13.28% to $50.08 after finding support at $41, as retail buying offsets recent whale selling pressure while network adoption continues to grow.
AVAX could see a significant surge soon, provided buying activity picks up.
Avalanche Foundation has raised $250 million through a private locked-token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital. AVAX prices gained nearly 9% after the announcement to trade at $52.80.
Layer 1 blockchain project Avalanche has successfully raised $250 million through a locked token sale. This signals strong support from prominent investors such as Galaxy Digital, Dragonfly, and ParaFi Capital.
The locked-token sale saw participation from more than 40 companies.
Avalanche secured $250 million from a fundraising round led by Dragonfly, ParaFi Capital, and Galaxy Digital.
The Avalanche Foundation announced raising $250 million through a private token sale to support its blockchain platform, according to a Dec. 12 statement. The funding round had around 40 participants, including leading firms such as Galaxy Digital, Dragonfly, and ParaFi Capital.
