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The Avalanche Foundation’s native cryptocurrency, AVX, has climbed 10% following the foundation raising $250 million for a blockchain upgrade. Trading volume around the asset is up 50% in the last 24 hours, with $1.51B worth changing hands. The Avalanche9000 Upgrade has plenty of institutional support, with its latest funding round having around 40 participants. These investors include Dragonfly, Galaxy Digital, and ParaFi Capital. Avalanche’s upcoming upgrade aims to slash costs, boost scalability, and solidify Avalanche’s leadership in the blockchain space. Specifically, it will cut Layer-1 deployment costs on Avalanche by 99.9% and lower transaction fees on its C-Chain by 25 times. The upgrade is expected to launch on December 16. The announcement spurred a surge in AVAX price, with the cryptocurrency already riding a 61% surge in the last month. Also Read: What Could a $100 Investment in XRP Today Be Worth by 2030? Investor Support for Upcoming Avalanche AVAX Upgra...

The cryptocurrency market is showing signs of recovery as geopolitical tensions ease and economic data from the U.S. points to positive trends. These factors have helped to renew investor confidence, leading to an uptick in many assets, particularly in the AI coin sector. AI-based blockchain projects, such as Bittensor (TAO) and Render (RNDR), are currently seeing significant gains, outpacing other altcoins. This suggests that AI-driven blockchain technologies could be key areas of growth within the broader market. As market conditions stabilize, more investors are exploring altcoins with the potential for growth, looking to capitalize on opportunities that offer higher returns. This article analyzes the top crypto to invest in right now . Top Crypto to Invest in Right Now Recently, TAO has shown significant performance in the market, experiencing notable price swings. The Graph Network launched a key update with the Timeline Aggregation Protocol (TAP). Meanwhile, Brett’s ecosy...