Summary of Avalanche ( #AVAX ) fundraising and upgrade Avalanche9000

1. Fundraising of 250 million USD

• Avalanche has just completed a private token sale worth 250 million USD. $AVAX

• Major funds participating: Galaxy Digital, Dragonfly Capital, ParaFi Capital,…

2. Upgrade Avalanche9000

• Reduced node setup costs:

• From 2,000 AVAX to 1.33 AVAX/month.

• Mainnet launch: December 16, 2024.

• Successfully tested on testnet in November 2024.

3. Impact on the market

• AVAX price increased by 8% in 24 hours, market capitalization reached 21.5 billion USD.

• Trading volume increased to 1.9 billion USD.

Avalanche9000 promises to enhance network efficiency and attract more users.

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