AVAX rebounds 7% as Grayscale and Franklin Templeton join network

Oluwapelumi Adejumo

Avalanche’s AVAX token surged nearly 7% to around $25 following the announcement that major institutional firms — Grayscale and Franklin Templeton — were expanding their products to the blockchain network’s ecosystem. The price increase helped reverse the recent downtrend for AVAX, which has fallen 20% over the past month amid broader market stagnation. Despite the recovery, […]

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AVAX rebounds 7% as Grayscale and Franklin Templeton join network