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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.

The Avalanche Foundation raised $250 million fundraising, with funds aimed at enhancing its platform's scalability and efficiency.

The sale follows shortly after the Avalanche9000 upgrade went live in a testnet environment.

More than 40 venture capital firms pitched in to help Avalanche Foundation raise $250 million ahead of its major "9,000" network upgrade.

The investment will support the Avalanche9000 upgrade, currently in testnet, designed to reduce blockchain deployment and transaction costs.

The Avalanche Foundation secured $250 million from investors like Galaxy Digital and Dragonfly to foster strategic partnerships.

Avalanche's funding boost signals growing confidence in blockchain scalability and multi-chain solutions, potentially reshaping crypto dynamics. The post Avalanche secures $250M in funding round led by Galaxy Digital, Dragonfly, and ParaFi Capital appeared first on Crypto Briefing.

Uplink is a decentralized internet connectivity platform, allowing users to share their existing internet and incentivizing new internet deployment in under connected areas.

Ethereum rival Avalanche has $3 billion in capital in its treasury but that isn't stopping the blockchain platform from fundraising amid recent crypto euphoria.

As the price of Bitcoin stays above the $100k mark, the crypto market has displayed a strong bullish recovery over the last 24 hours. Moreover, the AVAX price has outperformed top crypto tokens with a double-digit rally during this period.

Avalanche (AVAX), a decentralized Layer-1 (L1) blockchain, and Sports Illustrated Tickets, a primary and secondary ticketing marketplace, have partnered up to make Sports Illustrated Stadium the first sports venue to utilize blockchain-based ticketing for all events, as highlighted in the most recent reports shared with Finbold on Thursday, December 12.

Haun Ventures and Dragonfly Capital have co-led a $9 million funding round for Commonware, a startup building "state-of-the-art" tools.

Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.

According to software developer Patrick O'Grady, Commonware raised $9 million from venture capital firms Haun Ventures and Dragonfly.

Early Bitcoin mined by Satoshi Nakamoto could become vulnerable to quantum computing, says Avalanche's Emin Gün Sirer, who is urging to consider freezing these coins. Emin Gün Sirer, the founder of Avalanche (AVAX), sparked debate in a Dec.

Toncoin's recent price drop has shaken investor confidence, marking a notable downturn for the native token of The Open Network. Meanwhile, AVAX is experiencing a price surge, though its recent gains face critical resistance levels that could impact momentum.

Avalanche cools down at $40 after the daily candle erases 14-day gains. A transaction volume spike hints at a possible rebound.

This method lets you donate, stake, and earn rewards for charities in a way that benefits everyone. Here's how it works: When you donate AVAX to a special charitable account called a Donor-Advised Fund (DAF).