Bullish
Progmat migrates $2.7B to Avalanche, boosting AVAX by 3.17%
In the past 24 hours, Avalanche's native token, AVAX, experienced a 3.17% surge following Progmat's migration of approximately $2.7 billion in security tokens to the Avalanche blockchain. This significant move underscores growing institutional confidence in Avalanche's capabilities.
Key points
- Progmat completes migration of $2.7 billion in security tokens to Avalanche
- AVAX trading at $6.65, with intraday high of $6.73 and low of $6.42
Sources
AI-generated from public news sources. Not financial advice.