AVA WEEKLY UPDATE (13 June-19 June)

Welcome to this week’s $AVA and market update!

MARKET UPDATE

The top stories from the broader market:

⚠️ 16 Billion Passwords Leaked:

News of the biggest password leak in history has been reported, with Apple, Google, Telegram, Facebook, and more affected. 30 exposed data sets containing 16 million to over 3.5 billion records each were breached. The advice is to update your important passwords and enable 2FA now.

⚖️ Senate Passes GENIUS Act Bill:

The US Senate passed the bill on Tuesday with a 68-30 vote. The bill is the first major digital asset legislation to be approved by the Senate and aims to regulate stablecoins. The bill now heads to the House, where it is expected to take some reconciling with the STABLE Act bill proposed by the House before being enacted into law.

🏦 @jpmorgan Piloting Deposit Token:

America’s biggest bank is piloting its deposit token, JPMD, on Base. This will operate within the traditional banking framework and allow @coinbase's institutional clients to access JPMD for transactions following the pilot.

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KEY UPDATES

In this week’s round-up of $AVA news:

📈 Bookings Bounce Back: AVA bookings have shot back up over the last 7 days, recording a 100%+ increase across Smart discounts, AVA booking figures, and AVA booking volume.

💵 Binance Earn: Enjoy up to 6% APR with AVA Flexible Products on @binance Earn.

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WEEKLY METRICS

Below are the key $AVA metrics from the last 7 days:

💼 Total AVA holders (Travala + on-chain): 41,075 (+0.36%)

🤝 Total AVA Smart Program members: 67,965 (+1.29%)

🔒 Total AVA locked in the AVA Smart Program: 9,411,300 (+0.26%)

💰 AVA givebacks last 7 days: 25,838 AVA worth $15,126 (-7.26%)

🛍 Total saved via Smart discounts last 7 days: $13,159 (+143%)

✈️ # of room nights & flights booked with AVA last 7 days: 192 (+111%)

💱 $ value of AVA travel bookings last 7 days: $39,262 (+176%)

🔗 Link: