AVAX price jumps as $40 million Avalanche grant program goes live

AVAX price has witnessed a significant upward movement following the launch of the Avalanche Foundation’s $40 million grant program, “Retro9000,” aimed at incentivizing the creation of Layer 1 blockchains. Besides boosting AVAX’s market performance, the grant program is aimed at fostering innovation as the Avalanche9000 upgrade approaches. The Avalanche Foundation grant program The Retro9000 grant