Avalanche’s AVAX token is holding steady around $6.47 after a recent dip from a key support zone. The price rose slightly by 1.33%, even as trading volume slipped by 7%.
Meanwhile, the network marked a significant milestone with the Helicon upgrade going live on the Fuji testnet. This upgrade aims to enhance the ecosystem’s performance and security ahead of wider deployment.
The market response so far is cautious, with AVAX consolidating in a tight range. Investors are watching closely as the upgrade progresses, hoping it will boost confidence and activity on the platform.
Recent developments in the crypto space, such as South Korea’s crackdown on an $8.5M XRP scam, illustrate ongoing challenges and opportunities in the market.
This content is for informational purposes and does not constitute financial advice.
