#Urgent : A digital currency outperforms the market with a price explosion and is approaching an important level.

_#Avalanche's native token AVAX has seen a significant rally, rising another 20% over the past week to reach a price of $42. This latest increase has propelled AVAX to become the ninth largest cryptocurrency by market cap, after achieving a remarkable overall weekly gain of 85%. The cryptocurrency outperformed market leaders #Bitcoin.and.Ethereum on Monday, with the latter both seeing declines while AVAX made notable gains. The rise in AVAX's value is due in part to its growing market capitalization, which has now exceeded $15 billion. This uptrend coincides with increased investor confidence as evidenced by daily active headlines and strategic partnerships aimed at tokenizing assets in the real world. #Avalanche is actively promoting its network, which was evident last Thursday when it allocated more than $275 million in bounties to validators.

$BTC $ETH $AVAX

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Over the past week, Bitcoin fees have averaged $19 million compared to Ethereum's $14 million, a scenario not seen since 2017, according to Glassnode data.
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