Avalanche Price Rises As FIFA And VanEck Embrace AVAX Ecosystem
Posted On May 23, 2025
Avalanche (CRYPTO: AVAX) rallied sharply, and jumped 8.5% to $25.1 after trading near the low $20s. The token had been around $22 before the surge, and now sits near $25.6. The move follows a deal with the International Federation of Association Football (FIFA), as they’ll launch their Layer-1 blockchain on Avalanche’s network.
Avalanche recently launched the Avalanche9000 upgrade, which cut costs by roughly 90%. Avalanche said FIFA’s selection “represents a pivotal moment in the evolution of blockchain infrastructure”, highlighting the network’s credibility. The high-profile FIFA partnership underscores Avalanche’s appeal for sports and enterprise blockchains.
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