Over the past 24 hours, the price of Avalanche (AVAX) has experienced a significant surge, climbing by more than 9%. This remarkable uptick in value coincides with a noteworthy development within the Avalanche ecosystem. According to data from Intotheblock, Avalanche has witnessed a substantial increase in the total volume of large transactions, reaching a staggering $329 million on Monday. The total volume of large transactions on Avalanche hit $329 million on Monday, the highest daily amount since December. This indicates increased activity of large holders.🔗https://t.co/uEam7LI5qY pic.twitter.com/6VAxo4V1j9 — IntoTheBlock (@intotheblock) March 13, 2024 This surge in large transactions suggests heightened activity
The post Avalanche (AVAX) Price Surges Amidst Increased Activity And Governance Developments appeared first on The Merkle News.