AVAX Hits New Heights: Avalanche and Chainlink Collaboration Sparks 9% Rally
AVAX experiences a notable surge of 9% following the announcement of its collaboration with Chainlink and ANZ Group. This partnership aims to enhance the interoperability and settlement efficiency of tokenized assets across Avalanche and Ethereum blockchains. ANZ's utilization of Avalanche's Evergreen Subnet further underscores the exploration of innovative blockchain solutions by traditional financial institutions. Despite AVAX's impressive performance, potential resistance around $60 suggests a period of consolidation may follow, emphasizing a cautious outlook amid its upward momentum.
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