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Avalanche Soars as FIFA Collect Migration Drives Demand

Guavy AI Editorial Team
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AVAX AAVE
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Avalanche (AVAX) has seen a significant price surge after securing the migration of FIFA Collect to its Layer 1 network.

The platform's expansion is expected to drive increased demand for on-chain collectibles activity, boosting AVAX's utility and attracting more users to the ecosystem.

In addition to the FIFA Collect integration, Aave V4 has been deployed on Avalanche, introducing sAVAX collateral and wAVAX borrowing. This enhances the DeFi landscape and creates new incentives for liquidity to flow into the network.

AVAX's price is currently trading above its short-term support at $6.38, with intraday targets between $6.50 and $6.82.

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