AVA WEEKLY UPDATE (6 June-12 June)

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

MARKET UPDATE

The top stories from the broader market:

📉 Israel-Iran Tensions Escalate: Israeli strikes on Iran triggered a broad crypto sell-off, with $BTC down ~7% over two days. Crude oil jumped around 10%, with investors once again turning to safe-haven assets like gold.

📈 Ether Derivatives Surge: Tuesday saw $ETH derivatives record over $110 billion volume in a single day, beating out Bitcoin at $85 billion. This represented a 38% increase over the previous day, with 16 consecutive days of net postive inflows into ETH ETFs also recorded.

🏦 Deutsche Bank Exploring Stablecoins: The German bank is the latest traditional company to explore the use of stablecoins. The options being considered include issuing their own token or collaborating on an industrywide initiative.

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KEY UPDATES

In this week’s round-up of $AVA news:

✍️ AVA+ Rewards Perk Proposal: The community vote has passed! Development will now commence on this proposal, with an estimated launch in Q3 2025.

🏦 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): 40,926 (+0.25%)

🤝 Total AVA Smart Program members: 67,101 (+1.29%)

🔒 Total AVA locked in the AVA Smart Program: 9,386,550 (+0.20%)

💰 AVA givebacks last 7 days: 28,934 AVA worth $16,310 (+1.18%)

🛍 Total saved via Smart discounts last 7 days: $5,406 (-5.52%)

✈️ # of room nights & flights booked with AVA last 7 days: 91 (-54.72%)

💱 $ value of AVA travel bookings last 7 days: $14,221 (-73.24%)

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