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Avalanche's AVAX Surges Nearly 50% in a Month

Original: AVAX Up Nearly 50% in Four Weeks, Outpacing Bitcoin and Ether Avalanche's AVAX gained 49.7% in 28 days, far ahead of bit

Avalanche's AVAX token has climbed 49.7% over the past 28 days, dramatically outperforming bitcoin's roughly 9% gain and ether's 2.3%. The rally coincides with Avalanche's Helicon upgrade, which shortened validator commitment periods on the network. Traders and analysts are watching whether the momentum can continue or if the token is overheated relative to the broader crypto market.

Why now: AVAX's sharp rally against major cryptocurrencies has caught traders' attention and prompted debate over what is driving it.

AvalancheAVAXBitcoinEtherHelicon upgrade

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Evidence

• AVAX Up Nearly 50% in Four Weeks, Outpacing Bitcoin and Ether Avalanche's AVAX gained 49.7% in 28 days, far ahead of bitcoin's 9% and ether's 2.3%, while Avalanche's Helicon upgrade shortened validator commitment periods. https:// newisty.com/blog/avax-up-nearl… · newisty

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