🚀 Big news for AVAX holders! The Avalanche Foundation is seeking court approval to repurchase 1.97 million AVAX tokens from the Luna Foundation Guard (LFG). This proactive move aims to secure liquidity and prevent a market dump during LFG's bankruptcy proceedings. Both parties are on board, and the court's nod is awaited.

🌟 The market loves it! AVAX surged nearly 10% in 24 hours, signaling strong investor confidence. With new initiatives like the Retro9000 grant program and the upcoming Avalanche 9000 upgrade, the future looks bright for AVAX! #Crypto #Blockchain #AVAX #Web3