Avalanche (AVAX) Pumps 10% as New P2E Token ICO Raises $2M: Is $AVAX Ready for Another Bull Run?
The cryptocurrency AVAX has gained 10% in value, pushing its value above $54, with the successful raising of $2M through a new Play-to-Earn (P2E) token ICO. After giving us massive 291x ICO gains in 2025 bullrun, it seemed $AVAX turned into a profitable but slower-moving giant. But this is about to change. Why?
Avalanche: A High-Performance Blockchain Primed for Growth
Yesterday Avalanche is a high-performance blockchain platform designed for builders who need to scale. Engineered with a revolutionary three-part Layer 1 (L1) architecture, Avalanche is anchored by its speed and scalability. The layer-1 blockchain is upgrading its technology platform. According to Cointelegraph, AVAX, el token nativo del ecosistema Avalanche, ha demostrado resiliencia, aumentando un 3,45% en las últimas 24 horas en medio del creciente interest in the project.
AVAX Price Surge and Market Momentum
Avalanche’s AVAX token has seen impressive growth over the past week, surging 13% as the broader crypto market rebounds. Spot volumes have surged 27% to hit $2.5 billion over the past 24 hours – making AVAX the 10th most traded cryptocurrency. With a market cap now above $20 billion, AVAX is demonstrating significant market strength. The layer-1 blockchain has also raised $250 million in a token sale led by Galaxy Digital, Dragonfly and ParaFi Capital.
The Role of P2E and New ICOs in AVAX's Resurgence
The recent 10% pump in AVAX price coincides with the successful launch of a new P2E token ICO, which raised $2 million. This influx of capital and renewed interest in the Avalanche ecosystem highlights the potential of blockchain gaming and decentralized applications (dApps) to drive demand for AVAX. Also Read: Avalanche (AVAX) Pumps 10% as New P2E Token ICO Raises $2m.
What's Next for AVAX?
Changelly also paints a bullish picture for AVAX over the next few weeks. The platform projects continued growth, fueled by ongoing development, strategic partnerships, and the increasing adoption of Avalanche-based projects. Could this be the start of another major bull run for AVAX? Keep watching!