This week, despite a general decline in the crypto markets, the newly-launched native token of a Web3 Infrastructure project soared by 38%.
AVAIL is the utility token of the Avail eco-system, and it’s trading for $0.151. It was $0.109 just seven days earlier.
In the last 24 hours, this 190th-ranked asset has also gained more than 3 percent.
Avail, a blockchain module that is modular in nature and marketed as a “unification layer”, is the Blockchain for Web3. It was originally developed under the Polygon scaling solution (MATIC), before becoming an independent project last year.
Anurag Banerjee and Prabal Arjun founded Avail, a company that was previously known as Scaling Solution.
The AVAIL Token was first launched in July.
The Avail ecosystem launched a partnership this week with Ola. Ola is an open-source hybrid ZK-rollup.
Ola explains itself
This partnership aims to expand the use cases for Ola’s zkVM technology within Avail’s ecosystem. The partnership will expand Ola’s use cases of zkVM within Avail’s ecosystem .”
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Sources of Images include Pixabay Creative Commons & Midjourney
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