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Avalanche's Token AVAX Hit A Record High With Nearly 30% Daily Increase

Mary Liu

Summary: According to the Data from the Bitpush terminal, the Avalanche Protocol's token AVAX has reached a record high of nearly $68, an intraday increase of 27.8%. At the time of writing, AVAX currently ranks the 13th largest cryptocurrency with a market cap of over $14.8 billion. Avalanche is a public chain serving DeFi applications. It ...

According to the Data from the Bitpush terminal, the Avalanche Protocol's token AVAX has reached a record high of nearly $68, an intraday increase of 27.8%. At the time of writing, AVAX currently ranks the 13th largest cryptocurrency with a market cap of over $14.8 billion.

Avalanche is a public chain serving DeFi applications. It uses an innovative consensus protocol framework to separate the execution environment from the chain through a three-layer network structure (X chain, P chain, C chain), as well as supports Ethereum EVM and various mature Ethereum development tools to create a highly scalable, modular and multi-chain interoperable public chain system.

The Avalanche Foundation has raised $230 million through a new token sale, led by Polychain Capital and Three Arrows Capital.

By Mary Liu

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Link: Avalanche's Token AVAX Hit A Record High With Nearly 30% Daily Increase   [Copy]
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