Avalanche (AVAX) once again brought good news with a jump to its latest all -time high (ATH), $ 110.15 at midnight last night, making a jump of more than 20% a day from its lowest level, $ 91.54.
What happen?
The largest accounting firm in the Big Four, Deloitte chose Ava Labs to develop the Avalanche blockchain -based platform.
The cooperation between the two parties focuses on efforts to reduce bureaucracy in disaster recovery.
It is understood that Deloitte, together with some first responders, the general works division, finance, and grant -issuing agencies have teamed up to form a new Close As You Go (CAYG) platform, aimed at helping state and local government officials coordinate disaster recovery compensation applications to the Federal Emergency Management Agency ( FEMA).
Avalanche Performance (AVAX)
Since mid-August, Avalanche has already exhibited positive movement following Sushi’s participation in the Avalanche Rush Incentive Program, opening up opportunities for extensive collaboration with other projects such as Aave, Curve, Stake DAO, and BENQI.
The news pushed AVAX a 33.35% jump to the ATH level, $ 59.02 from a daily low of $ 44.26 on Aug. 24.
The first week of November saw the launch of a new ecosystem, Blizzard by the Avalanche Foundation, followed by the ‘SnowTrace’ Etherscan fork for Avalanche being broadcast, integration between Nexo’s crypto lending platform with AVAX, as well as ‘Oh! Finance ’was launched at Avalanche.
AVAX once again recorded ATH on Nov. 8 with a record $ 96.91 from a daily low of $ 83.69, jumping nearly 16%.
At the time of writing, AVAX is trading at $ 110.25, up nearly 2.29% in 24 hours, past last night’s ATH.
