Scaramucci-Backed Blockchain Surges 17% in a Week, Leaving Ethereum, XRP, and Solana Behind

Written by Emily J. Thompson, Senior Investment Analyst

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Source: Benzinga

Updated: Sep 23 2025

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Source: Benzinga

Avalanche's Market Performance: Avalanche (AVAX) is experiencing increased trader interest and institutional backing, with a current price of $34.98 and a market cap of $14.8 billion, reflecting a 17.5% increase over the past week.
Bullish Sentiment and Liquidations: Whale activity indicates strong bullish sentiment, with significant long positions being opened, while recent liquidations amounting to $5.38 million highlight a market shift as shorts are forced to close positions amid rising prices.
AgriFORCE's Strategic Move: AgriFORCE Growing Systems Ltd has rebranded to AVAX One and raised $550 million to acquire Avalanche tokens, aiming for ownership of over 700 million AVAX, positioning itself as a key player in the Avalanche ecosystem.
Institutional Endorsement: Anthony Scaramucci of SkyBridge Capital endorses Avalanche as an institutional-grade platform, indicating a commitment to tokenizing on the network, further solidifying its market position.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Scaramucci-Backed Blockchain Surges 17% in a Week, Leaving Ethereum, XRP, and Solana Behind

About the author

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