Recently, it has been reported that Grayscale and investment giant Franklin Templeton are launching a fund based on Avalanche (AVAX), which has caused a noticeable increase in attention towards this cryptocurrency.

📈As a result, a significant increase in the volatility of the AVAX/USDT trading pair has been observed, driving sharp movements in its price. The entry of these big players into the market could be generating a "pump" in the value of AVAX, which has sparked so much interest among investors.

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