Avalanche
Why Avalanche is up 18.1% today
Analysis
Avalanche (AVAX) rose 18.1% over the past 24 hours as traders reacted to news of a forthcoming network upgrade. Bitcoinist reported that the Avalanche Helicon upgrade is scheduled for mainnet activation on September 22, which likely boosted sentiment and near-term demand for AVAX tied to expectations around the protocol update.
Contributing Factors (1)
Avalanche Helicon Upgrade Set For September 22 Mainnet Activation
Read the latest update on Avalanche Helicon Upgrade Set For September 22 Mainnet Activation.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.