Avalanche Targets $1 Billion Raise Amid AVAX Price Surge
The Avalanche Foundation, the non-profit behind the Avalanche blockchain, is working on a bold fundraising initiative aimed at raising up to $1 billion. The organisation is in advanced discussions with investors to establish two cryptocurrency-hoarding investment vehicles in the United States. These entities are intended to purchase discounted AVAX tokens
FIFA Partners with Avalanche to Launch Dedicated Blockchain Network
FIFA has taken a bold step toward full-scale blockchain adoption by announcing a strategic partnership with Avalanche (AVAX). The collaboration will see the global football governing body build its own dedicated layer-1 blockchain on the Avalanche network, marking a significant shift from its earlier association with Algorand. This move underscores
Avalanche Stablecoins Surge 70%, But AVAX Struggles—Why?
Avalanche’s stablecoin supply has soared by 70% over the past year, hitting $2.5 billion. However, despite this liquidity boost, AVAX has lost nearly 60% of its value, currently trading at around $19. The disconnect between rising stablecoin inflows and AVAX’s decline suggests that capital remains largely inactive in the DeFi
