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Crypto

Avalanche's AVAX Token Surges 7% Amid Ecosystem Activity

Guavy AI Editorial Team
Instruments
AVAX
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Avalanche's AVAX token has seen a significant surge in value over the past 24 hours, rising nearly 7% to briefly touch $6.92 on Tuesday.

The move comes as multiple developments add activity across the Avalanche ecosystem, indicating rising adoption and on-chain DeFi and DEX activity that could support AVAX token performance.

The token has also registered a little over 5% weekly gain, coinciding with increased activity in the Avalanche ecosystem.

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