AVAX rebounds 7% as Grayscale and Franklin Templeton join network
The AVAX price rebounds occured amid new Grayscale and Franklin Templeton blockchain projects on the network.

Follow Grayscale news, including ETF conversions, fund flows, legal wins, product strategy, and institutional crypto investment trends.
The new Grayscale trusts will provide investors with exposure to AI and blockchain innovations.
Market observers said the move would help the firm prevent substantial outflows from its legacy Ethereum Trust fund (ETHE).
AI has emerged as one of the most profitable sectors in the crypto industry this year, according to Coingecko.
Experts have cautioned that a Grayscale Ethereum ETF might experience similar outflows like GBTC.
Grayscale Investments announces CEO transition as Michael Sonnenshein steps down.
Net inflows since January remain high at $17.5 billion.