Avalanche Foundation has raised $250 million through a private locked-token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital. AVAX prices gained nearly 9% after the announcement to trade at $52.80.

Layer 1 blockchain project Avalanche has successfully raised $250 million through a locked token sale. This signals strong support from prominent investors such as Galaxy Digital, Dragonfly, and ParaFi Capital.

The locked-token sale saw participation from more than 40 companies.

Avalanche secured $250 million from a fundraising round led by Dragonfly, ParaFi Capital, and Galaxy Digital.

The Avalanche Foundation announced raising $250 million through a private token sale to support its blockchain platform, according to a Dec. 12 statement. The funding round had around 40 participants, including leading firms such as Galaxy Digital, Dragonfly, and ParaFi Capital.

The Avalanche Foundation raised $250 million fundraising, with funds aimed at enhancing its platform's scalability and efficiency.

The sale follows shortly after the Avalanche9000 upgrade went live in a testnet environment.

More than 40 venture capital firms pitched in to help Avalanche Foundation raise $250 million ahead of its major "9,000" network upgrade.

The investment will support the Avalanche9000 upgrade, currently in testnet, designed to reduce blockchain deployment and transaction costs.

The Avalanche Foundation secured $250 million from investors like Galaxy Digital and Dragonfly to foster strategic partnerships.

Avalanche's funding boost signals growing confidence in blockchain scalability and multi-chain solutions, potentially reshaping crypto dynamics. The post Avalanche secures $250M in funding round led by Galaxy Digital, Dragonfly, and ParaFi Capital appeared first on Crypto Briefing.

Uplink is a decentralized internet connectivity platform, allowing users to share their existing internet and incentivizing new internet deployment in under connected areas.

Ethereum rival Avalanche has $3 billion in capital in its treasury but that isn't stopping the blockchain platform from fundraising amid recent crypto euphoria.

As the price of Bitcoin stays above the $100k mark, the crypto market has displayed a strong bullish recovery over the last 24 hours. Moreover, the AVAX price has outperformed top crypto tokens with a double-digit rally during this period.

Blockchain gaming is emerging as the next big thing in crypto, and analyst VirtualBacon believes the sector is massively undervalued. While categories like Layer-1 blockchains, AI, and meme coins have seen notable gains, gaming tokens remain at bear market dominance of just 0.4%.

Avalanche (AVAX), a decentralized Layer-1 (L1) blockchain, and Sports Illustrated Tickets, a primary and secondary ticketing marketplace, have partnered up to make Sports Illustrated Stadium the first sports venue to utilize blockchain-based ticketing for all events, as highlighted in the most recent reports shared with Finbold on Thursday, December 12.

Haun Ventures and Dragonfly Capital have co-led a $9 million funding round for Commonware, a startup building "state-of-the-art" tools.

Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.

According to software developer Patrick O'Grady, Commonware raised $9 million from venture capital firms Haun Ventures and Dragonfly.

Early Bitcoin mined by Satoshi Nakamoto could become vulnerable to quantum computing, says Avalanche's Emin Gün Sirer, who is urging to consider freezing these coins. Emin Gün Sirer, the founder of Avalanche (AVAX), sparked debate in a Dec.

Toncoin's recent price drop has shaken investor confidence, marking a notable downturn for the native token of The Open Network. Meanwhile, AVAX is experiencing a price surge, though its recent gains face critical resistance levels that could impact momentum.

Avalanche cools down at $40 after the daily candle erases 14-day gains. A transaction volume spike hints at a possible rebound.

This method lets you donate, stake, and earn rewards for charities in a way that benefits everyone. Here's how it works: When you donate AVAX to a special charitable account called a Donor-Advised Fund (DAF).

Ava Labs founder and CEO Emin Gün Sirer proposed freezing Satoshi Nakamoto's estimated 1.1 million BTC. He cited potential vulnerabilities in early wallet cryptography.

Bitcoin (BTC) continues to correct below its $100,000 milestone. As of Dec. 19, the top cryptocurrency was down approximately 7.50% from its record high of $103,620 (data from Bitstamp), trading for around $95,950.

The rise of quantum computing could challenge cryptocurrency security, potentially reshaping financial systems and investment strategies. The post Satoshi's Bitcoin holdings at risk as quantum computing advances, says Ava Labs co-founder appeared first on Crypto Briefing.

SUPER remains in bullish territory, backed by strong market sentiment.

Bitcoin's failure to hold $100,000 could attract profit booking from traders. Which altcoins will follow BTC's downtrend?

AVAX could rebound at $50 and offer short-term gains, thanks to a liquidity set-up.

The price of Avalanche (AVAX) has continued to rise after a recent downtrend. The bullish momentum peaked at $55 and started to falter below the recent high.

Avalanche [AVAX] could be set for a major upward move, but its path depends on several critical factors.

AMBCrypto attempted to gauge the expected price performances of these altcoins over the next 6-12 months.

Bitcoin price trades above $100,000 again, proving that every minor dip is being purchased.

A widely followed crypto analyst says that three prominent altcoins including Ethereum (ETH) look primed to skyrocket.

Bitcoin may consolidate in the near term while select altcoins continue to outperform.

The Avalanche ecosystem has been action-packed in recently since Avalanche9000 upgrade, and AVAX price upside could just be getting started.

A widely followed analyst is leaning bullish on layer-1 blockchain Avalanche (AVAX) while offering his forecast for the flagship memecoin Dogecoin (DOGE) and interoperable chain Polkadot (DOT). The analyst pseudonymously known as Rekt Capital tells his 518,000 followers on the social media platform X that Avalanche witnessed a strong November.

Avalanche (CRYPTO: AVAX) is seeing bullish momentum, fueled by strong fundamentals and optimistic community sentiment. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Avalanche (CRYPTO: AVAX) $50.36 $20.6 billion +2.9% +19.3% Solana (CRYPTO: SOL) $224.32 $106.6 billion -1.1% -3.2% BNB (CRYPTO: BNB) $647.03 $93.2 billion +0.4% +4.5% Trader Notes: Pseudonymous crypto trader Kaleo predicts a "God candle" to push AVAX beyond $100 this December.

AVAX builds momentum with rising activity and bullish metrics.

Avalanche (AVAX) has been experiencing a significant surge in price recently, attracting the attention of investors and market enthusiasts alike. Currently trading at $46.34, the cryptocurrency has gained more than 4% in the past 24 hours, with trading volumes increasing by over 200% to $2.07 billion.

The AVAX price has successfully reclaimed the $50 mark today, resulting in it recording a new 8-month high. Moreover, it has maintained its position in the top 10 cryptocurrencies by market cap with a valuation of $21.312 billion.

Layer-1 blockchain network Avalanche experienced increased on-chain activity after revealing its biggest network upgrade since the protocol launched.

Traders are buying Bitcoin price dips below $95,000, but will it be enough to prevent a sharper correction in BTC and altcoins?

Avalanche (AVAX) is making waves in the crypto market as its price approaches the significant $50 resistance level. The bulls have shown impressive strength, fueling optimism for a potential breakout.

Following the bullish momentum sweeping the crypto market, Avalanche price is setting its sights on a potential $70 target. The digital asset has gained traction, showing promising signs of a breakout as market enthusiasm grows.

Avalanche (AVAX) is turning heads again. Its price has jumped an impressive 9.45% in the past 24 hours, but the buzz isn't just about numbers. Behind the scenes, rumors of political connections and comparisons to Ripple (XRP) are fueling big hopes.

Amidst growing whale accumulation and institutional interest, looks like altcoins are all poised for explosive growth ahead. With Bitcoin dominance falling and altcoins registering massive gains, the altcoin season might just be around the corner.

In a bid to boost optimism, the Avalanche community recently revealed that it commenced talks with the upcoming U.S. administration, sparking market discussions globally. Ava Labs CEO Emin Gün Sirer unveiled on Monday that Ava Labs is in talks with the Trump administration.