🚀 Big news in the blockchain world! Avalanche, a leading layer-1 blockchain, has secured $250 million in a token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital. Over 40 investment firms participated, showing strong confidence in Avalanche's future.

- The sale comes on the heels of the Avalanche9000 upgrade, now live on testnet, which aims to slash transaction and validator costs by 99%.

- AVAX, Avalanche's native token, has surged 4.95% since the announcement and 9.6% in the last 24 hours.

- Avalanche ranks as the 10th-largest blockchain by total value locked at $1.6 billion.

What are your thoughts on Avalanche's latest moves? Share in the comments!