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Avalanche Jumps 11% After FIFA Blockchain

Avalanche Gains Momentum with FIFA Partnership and VanEck Fund

  • AVAX sees a surge in value, aligning with a broader crypto market rally.
  • Bitcoin reaches new highs, surpassing $111,000.
  • FIFA launched its Layer-1 blockchain on Avalanche on May 22.
  • Modex partners with FIFA to develop and maintain the blockchain infrastructure.
  • VanEck announced a PurposeBuilt fund for Avalanche projects on May 21.

Avalanche’s native token, AVAX, is experiencing growth due to FIFA’s launch of its Layer-1 blockchain and VanEck’s upcoming PurposeBuilt fund, coinciding with Bitcoin’s rise above $111,000.

Source (2.6.1)https://cryptoslate.com/avalanche-surges-11-to-25-after-fifa-unveils-blockchain-and-vaneck-eyes-fund/?rand=24433
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