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Avalanche Surges 7.5% on Helicon Upgrade and Strong Staking

Guavy AI Editorial Team
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AVAX NFT
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Avalanche (AVAX) surged around 7.5% following news of its Helicon upgrade on the Fuji testnet and robust staking activity.

The upgrade marked a significant technical development for the ecosystem, demonstrating ongoing growth and progress.

The network has seen a rise in staking, with approximately $204 million worth of AVAX now locked, representing around 43% of circulating supply.

This comes as Avalanche continues to expand its partnerships and use cases, including a recent grant to YourGrails for real-world asset tokenization and participation in $24 million in primary NFT payments related to FIFA collectibles.

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