CandleFocus AVAX Price Surges Following Avalanche Foundation’s $40 Million Grant Program
2024-09-27
Author: Content Editor
The article discusses how the launch of the Avalanche Foundation's Retro9000 grant program has led to a surge in the price of AVAX, the native cryptocurrency of the Avalanche network. The grant program aims to incentivize the creation of layer-one blockchains and improve AVAX's market performance. It also coincides with the upcoming Avalanche9000 upgrade, which is expected to be a significant improvement for the platform. The Retro9000 grant program aims to empower developers to build the underlying infrastructure on the Avalanche network and contribute to its growing ecosystem. The price of AVAX has seen a significant increase, along with a rise in 24-hour trading volume and derivatives activity.
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