Avalanche (AVAX) to unlock $110 Million token in November

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Avalanche (AVAX), the Layer 1 blockchain project, is preparing for a significant token unlock scheduled for November 24. This release will see 9.54 million AVAX tokens become accessible, with a total value of around $109.64 million. These tokens represent 2.69% of Avalanche’s circulating supply. The upcoming token unlock will have four primary beneficiaries: This token unlock is a significant event for the Avalanche ecosystem and its stakeholders, as it provides

Avalanche (AVAX) rallies from $8.65 to $10.8 while Bitcoin (BTC) also jumps close to $35,000

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Avalanche (AVAX) has been on a bullish streak over the past six days, posting impressive gains of nearly 25%. During this period, AVAX’s price surged from $8.65 to $10.8. Note that Bitcoin (BTC) also saw an increase of almost 24% during the same timeframe. Last week, the $9.2 level for AVAX witnessed an increase in liquidations, as indicated by Hyblock data. The $8.8-$9 range was identified as a potential area