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Avalanche IOU (AVAX) News



Avalanche valuation

Ava Labs Valuation Reached $5 Bln

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Development company Ava Labs, standing behind the Avalanche blockchain protocol, is raising a new fund. An article by Bloomberg says that the new valuation makes Ava Labs one of the cryptocurrency startups with highest value. Established in 2018, the firm is raising $350 M at a $5.25 bln valuation,...

Terra Avalanche

Terra Powered By Luna Revealed a Purchase of $200 M in AVAX

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The Terra protocol team revealed a collaboration with Avalanche and the purchase of AVAX coins. Terraform Labs bought $100 M in AVAX for Treasury Swap of LUNA and AVAX to boost various activities. Along with this, the Luna Foundation Guard bought $100 M in AVAX with UST stablecoins. AVAX is now the...

Avalanche Circle usdc

Circle's USDC Stablecoin Now Also Operates on Avalanche

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Peer-to-peer payments technology Circle revealed that its stablecoin USDC started operating on the smart contracts protocol Avalanche. Released in 2018 on Ethereum, USDC is the second-largest stablecoin after Tether and the 7th largest crypto. The coin has a market capitalization of over $41.7 bln....

Avalanche AVAX new records

Avalanche (AVAX) Keeps Hitting New Records

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The native coin of the Avalanche blockchain, AVAX hit a new all-time high of $146.22. In the last 7 days, the price went up by around 40%. At the moment, AVAX is the 10th largest crypto, with a market cap of over $29.7 billion. Thus, the coin got ahead of Dogecoin, which has a market cap of $29.5...

Bitcoin Avalanche The Sandbox

BTC Falls Below $56.000, While AVAX and SAND Hit New ATHs

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This week, the Bitcoin price saw a decrease, setting a three-week law of nearly $55.700. Ethereum and most cryptocurrencies also faced decline. Currently, Ether trades at around $4.000, down by around 14% in the last seven days. A major reason for the market sell-off is new crypto regulatory rules...

Avalanche Deloitte partnership

Deloitte and Avalanche Build Disaster Recovery Platform

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Leading international financial services provider Deloitte built a partnership with Ava Labs to use the Avalanche blockchain for its new disaster recovery platform "Close As You Go" (CAYG). The project will help the government to manage federal emergency funding more effectively. ...

Avalanche AVAX new all-time high

Avalanche (AVAX) Crossed the $100 Milestone

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AVAX, the native coin of the Avalanche smart contracts platform, hit a new all-time high of $101.59 on CoinMarketCap. In the last 7 days, the Avalanche price increased by around 7%. Currently, AVAX is the 13th largest crypto with over a $21.6 billion market cap. Avalanche allows building smart...

Solana Avalanche new all-time high

Bullish Trend for Altcoins Goes On, SOL and AVAX Reach ATHs

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With Ethereum's hitting a new all-time high of $4.664 on November 3, most altcoins increased in price. Polkadot (DOT), Solana (SOL) and Avalanche (AVAX) reached new all-time highs. On November 2, Polkadot crossed the milestone of $50. On November 3, the token's price reached $54.55. Currently, DOT...

Avalanche AVAX new high

Avalanche’s Native Coin AVAX Reached a Record High

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AVAX, the native coin of the open, smart contracts network for building dapps, Avalanche, reached a new all-time high of $68.84 on coinmarketcap.com. On September 16, the company revealed completing a $230 M fundraising via a token sale. The investment was headed by Polychain and Three Arrows...