AVAX One’s Strategic Treasury Acquisition Sparks Market Buzz

AVAX One has made a substantial move, acquiring 13.8 million AVAX tokens worth $110 million and expanding its treasury holdings on the Avalanche network. This strategic purchase is driven by growing institutional interest in Avalanche, which could potentially enhance AVAX’s role as a reserve asset. The acquisition reflects a commitment to market volatility management and maximizing shareholder value, according to CEO Jolie Kahn. )