Avalanche Surges Above $30 Following $1B Treasury Initiative, Igniting Bullish Excitement
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
AVAX Price Surge: Avalanche's AVAX token has surged over 26% in a week, breaking the $30 mark for the first time in months, supported by strong technical indicators and increased trading volume.
$1 Billion Treasury Plan: The Avalanche Foundation plans to raise $1 billion through two firms to purchase AVAX at discounted rates, aiming to stabilize the market and encourage long-term holding among investors.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






