Avalanche (AVAX), the native token on the eponymous blockchain, rallied on a report that Ava Labs is raising more capital. The planned capital raise could see Ava, the blockchain’s lead developer, become one of the most valuable crypto startups. AVAX jumped nearly 7% in the last 12 hours, and was trading at $81.58. The latest The post Avalanche (AVAX) Rallies 7% On This Bullish Development appeared first on CoinGape.