🚀 AVAX Momentum Builds: FIFA & VanEck Fuel $30 Target

Avalanche ($AVAX) surged to $25.74 on Friday, riding a wave of bullish sentiment as momentum accelerates toward the psychological $30 barrier.

Key Drivers:

FIFA Partnership: Football's global governing body is building a Layer-1 blockchain on Avalanche—boosting credibility and long-term adoption.

VanEck Investment Fund: The asset management giant is launching the VanEck PurposeBuilt Fund, set to invest in real-world Avalanche-based projects. Launching June 2025 for accredited investors.

These developments, paired with the recent Avalanche 9000 update, are attracting developers and spotlighting AVAX's Layer-1 capabilities.

Market Movement:

AVAX bounced from the weekly support of $20.99, gaining 13.53% by Thursday.

Price nears the 200-day EMA at $25.83—a close above this could trigger a run toward $30, and possibly $33.60.

> "Avalanche attracts smart builders... We invest and believe in entrepreneurs delivering enduring value."

— Pranav Kanade, VanEck Portfolio Manager

With institutional backing and tech upgrades, Avalanche is reclaiming attention. Eyes now on $30.

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