Several recent developments have helped boost the price of Avalanche (AVAX). Upcoming changes to the token release schedule could reduce selling pressure and support the price. On August 22, two announcements also brought positive attention to Avalanche (AVAX). The launch of the Grayscale Avalanche Trust should simplify getting involved with the Avalanche network. Franklin Templeton’s expansion of its blockchain fund to include Avalanche (AVAX) has boosted optimism around the coin.The recent price rise of Avalanche (AVAX) matches the good news from Grayscale and Franklin Templeton. If more people buy Avalanche (AVAX), it could break through the $25-$27 range and reach $28-$33. Watching how the market reacts and how much is bought will help predict what happens next.
sekar nallalu Cryptocurrency,Latest News August 2024 Crypto Update: AVAX Price Jumps Over 16% — What’s Behind the Rally?
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