Biggest Movers: AVAX Hits Multi-Month Peak, as MATIC Jumps to 1-Week High

Biggest Movers: AVAX Hits Multi-Month Peak, as MATIC Jumps to 1-Week High


Avalanche moved to a multi-month high on Jan. 24, after reports that the number of bitcoin on its network rose to 5,493. The news saw the token surge by nearly 5% today, rising for a third straight session in the process. Polygon also moved higher on Tuesday, hitting a one-week high.

Avalanche (AVAX)

Avalanche (AVAX) rose to a multi-month high on Tuesday, as prices rallied for a third consecutive session against a backdrop of bullish news.

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Following a low of $17.43 to start the week, AVAX/USD moved to an intraday peak of $18.86 earlier today.

As a result of today’s surge in price, AVAX has risen to its strongest point since Nov. 6.

Looking at the chart, the move took place following a breakout of

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