Avalanche’s AVAX Rises Sharply as NYSE Plans Blockchain Platform
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The native token of Avalanche, AVAX, surged on Monday following the New York Stock Exchange’s announcement to utilize the Avalanche blockchain for a new platform facilitating round-the-clock trading of tokenized stocks. AVAX demonstrated a robust performance within the top 100 cryptocurrencies by market capitalization, climbing as much as 10% throughout the day.
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