blockchain24.pro
22 November 2021 18:59, UTC
Reading time: ~ 2 m
Over the past week, the price of $ AVA has risen from $ 84 to $ 146. The rise in the price of the coin was facilitated by the partnership agreement between Ava Labs and Deloitte.
The Avalanche ecosystem token is already the tenth largest market cap according to Coingecko. It overtook meme coins Dogecoin and Shiba Inu, which came in at # 11 and # 12, respectively.
The deal between AVA Labs and Deloitte will enable disaster relief platforms to be built on the Avalanche tier 1 blockchain.
In the new ecosystem, all documentation will be collected, processed and verified for authenticity, in particular, disaster claims will be considered. Avalanche is a green platform, remember that Deloitte remains committed to green technology.
In the cryptocurrency market, the prices of most cryptocurrencies continue to fall, while the $ AVA rate has grown by about 6% per day. Experts suggest that the token will soon hit its previous all-time high of $ 147, reached a day earlier.
Avalanche is a Tier 1 network that surpasses Ethereum in the speed and cost of transactions. The development of Avalanche is supported by the Blizzard Foundation, which has appointed the company a stimulus payment of $ 200 million.
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