Avalanche to Raise $1B for New Crypto Staking Vehicles
Avalanche, one of the leading blockchain networks, is preparing to launch an ambitious $1 billion fundraising initiative aimed at creating a new class of crypto staking vehicles. The move underscores Avalanche’s push to cement its place in the fast-growing staking economy, where investors can earn passive income by locking up their tokens to secure blockchain […]
Avalanche Secures $250M RWA Boost Through Grove and Janus Henderson
Avalanche has significantly expanded its footprint in the real-world asset (RWA) space, securing a $250 million injection through a partnership with Grove and global asset manager Janus Henderson. The move brings a major wave of institutional finance into the Avalanche ecosystem, aiming to connect traditional financial instruments with decentralized infrastructure. The capital will support the […]
Avalanche to Reward Layer-1 Chains Devs with $40M Grant
The Avalanche Foundation has announced a $40 million grant to assist developers in developing layer-1 blockchains on the Avalanche network. “Retro9000” is a retroactive grant program that Avalanche introduced on September 26 to support its most recent enhancement, “Avalanche9000.” The upgrade provides developers a more cost-effective and straightforward method of generating L1 blockchains. An Avalanche […]
Chainlink Data Streams Launches on Avalanche Mainnet with GMX V2
Chainlink Data Streams have been launched on the Avalanche mainnet, with GMX V2 as the launch partner. GMX is the launch partner for the significant integration, which will support Avalanche’s decentralized finance (DeFi) business. According to the platforms, Chainlink Data Streams’ on-demand access to low-latency market data through the GMX V2 connection would help Avalanche’s […]
Avalanche (AVAX) Price Falls to Six-Month Low, 50% Correction Looms
The Avalanche price is developing a head-and-shoulder pattern on the technical chart, implying another 50% correction. Over the weekend, AVAX whale shifted large amounts of coins. Avalanche’s native cryptocurrency, AVAX, has been on a significant downward spiral, falling 15% in the last week. The AVAX price has corrected by an additional 6% in the past […]