Coinbase announces AVAX staking service

Compared to the meme effect brought about by “Solunavax”, the rise of AVAX comes more from the recent stable development ecology of Avalanche.

"If you trust AVAX, you trust Trader Joe's. If you trust Trader Joe's, you trust AVAX"

KOL @0xJeff summarizes the 8 major reasons for the recent growth of AVAX

AVAX is shifting from public chain competition to undertaking traditional finance on-chain.

Although SBF has clearly expressed its optimism before the launch of the AVAX network, the SBF related team (Alameda/FTX) has not been seen in the subsequent rounds of financing public information.