Stripe is testing a new US dollar-backed stablecoin product for businesses outside the U.S., U.K., and Europe, aiming to expand the dollar's global footprint.

Daily top performer — Pudgy Penguins (PENGU)

S&P 500 futures dipped as over 180 S&P companies prepare to report earnings this week, following a 4.59% gain last week amid easing US-China trade tensions. Gold prices dipped to around $3,310 as easing US-China trade tensions reduced safe-haven demand, though recession fears may limit further losses ahead of key US economic data releases. Fed hawkishness may cap gains. CoinDesk Indices, which tracks the broader crypto market, fell 0.72% in the past 24 hours, while Bitcoin and Ether dropped 0.19% and 1.07%, respectively. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is PENGU, rising by 27.5%, following Pudgy Penguins' recent expansion into multiple industries and their celebration of World Penguin Day.

Pudgy Penguins (PENGU), launched in July 2021, is a popular NFT collection known for its cute artwork. It has expanded into physical products like toys, generating over $10 million in sales, and the collection now holds a market cap of over $1.19 billion. Pudgy Penguins and $PENGU were recently 

 as a fitspo in Wisdom Kaye's content, marking a major milestone for their influence across industries. Additionally, last Saturday, the brand celebrated 

, highlighting its continued growth and impact beyond the NFT space. This showcases Pudgy Penguins' expanding presence and reach in multiple sectors.

Check out the latest prices, charts, and data of 

 a new US dollar-backed stablecoin product for businesses outside the U.S., U.K., and Europe, aiming to expand the dollar's global footprint. This follows Stripe's acquisition of Bridge, a stablecoin payment network, which competes with the SWIFT system. Stripe has a history with crypto and recently introduced stablecoin payments in over 70 countries. The company sees this new product as a decade-long ambition, with the stablecoin market growing significantly in 2025.

BTC spot ETFs saw $3.06B of net inflows for the week ending 25 April 2025, with $2.97B from non-GBTC products and $94M from GBTC. Since inception, ETFs have accumulated $38.4B in net flows, with non-GBTC products contributing $61.1B and GBTC seeing $22.7B of outflows.

GiveRep, a decentralized reputation protocol on Sui, has 

 a points program where users can earn Reputation Points by tweeting about GiveRep and its Loyalty projects to qualify for an upcoming airdrop. A minimum of 100 X (Twitter) followers is required, and participants may also earn bonus airdrops from partner projects.

Beginner

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Stripe launches testing for global stablecoin payments after Bridge acquisition

Initia is a blockchain ecosystem that unifies Layer 1 security with customizable Layer 2 rollups through its Interwoven Stack architecture. Learn more here.

 ecosystem forces developers to choose between security and customization, while fragmenting liquidity across isolated chains. Enter Initia (INIT), a groundbreaking protocol that reimagines blockchain architecture by seamlessly integrating 

This article examines Initia's Interwoven Stack architecture, its innovative economic features and the INIT token's utility and distribution, and considers whether this ambitious ecosystem redesign represents a promising investment opportunity following its recent mainnet launch.

 is a blockchain ecosystem that unifies Layer 1 security with customizable Layer 2 rollups through its Interwoven Stack architecture, enabling developers to build specialized application chains without sacrificing interoperability or liquidity or requiring deep infrastructure expertise.

Initia emerged in 2022 when Stanford Liu and Ezaan "Zon" Mangalji left Terraform Labs to tackle blockchain's fragmentation challenges. They later added ecosystem lead OmniscientAsian from Sino Global Capital to help create a more streamlined blockchain infrastructure.

The project quickly gained investor backing, starting with Binance Labs' pre-seed funding in October 2023. This was followed by a $7.5 million seed round led by Delphi Digital and Hack VC, then a $2.5 million community round and a $14 million Series A that valued Initia at $350 million by late 2024.

Initia aims to eliminate the traditional security/customization trade-off in blockchain by creating a unified ecosystem that allows both to coexist. By establishing a central hub for all rollups, the project combines the advantages of monolithic security with the flexibility of modularity, thereby eliminating the fragmentation that currently plagues blockchain systems.

The platform's integrated stack simplifies blockchain development with pre-built solutions that work together seamlessly. Users benefit from Initia's Universal Accounts system, which provides a consistent experience across all connected chains, eliminating the need for multiple wallets or managing different tokens for gas fees.

By introducing economic alignment mechanisms such as the 

, Initia creates an environment in which developers can focus solely on innovation in their applications. This shift away from infrastructure concerns toward product development aims to enhance capital efficiency and drive broader adoption of blockchain.

Initia fuses Layer 1 (L1) and Layer 2 (L2) technologies into a unified architecture with three distinct components. The foundation is Initia L1, built on Cosmos SDK, which functions as the orchestration layer. This base provides security, governance and interoperability.

Above this foundation, Interwoven Rollups (Minitias) provide developers with customizable Layer 2 environments, allowing them to select their preferred virtual machine (

, Move or Wasm), define unique gas token systems and implement specialized transaction ordering mechanisms. 

Binding everything together is the Interwoven Stack, a comprehensive framework that provides all necessary tools for building and deploying rollups without requiring developers to source and integrate disparate components.

The system leverages optimistic rollups through the OPinit Stack to achieve remarkable transaction speeds (up to 10,000 

) while maintaining security. Transactions processed via L2 rollups are submitted to Initia’s L1 for finalization, with data availability secured through 

Initia provides the following core features that work together to simplify development and unify the blockchain ecosystem.

Initia L1 serves as the foundational layer and central coordination hub for the entire ecosystem. Built on the Cosmos SDK with CometBFT and MoveVM, it provides essential services, including network security, governance mechanisms and liquidity solutions through InitiaDEX.

 (also known as Minitias) are flexible Layer 2 blockchains built on top of Initia L1. These rollups rely on the orchestration layer for security and data settlement, operating without native 

 while enabling advanced rollup functionalities.

Developers can customize their rollups by selecting from multiple virtual machines and defining their own gas token and fee structure. This flexibility enables application-specific optimizations and economic models, at the same time maintaining seamless interoperability within the broader Initia ecosystem.

The Interwoven Stack is Initia's comprehensive, all-in-one solution, designed to empower developers in building and deploying rollups with unmatched ease. Instead of requiring developers to research and piece together numerous components — such as wallets, explorers and 

 — the Stack provides everything needed right out of the box.

At the core of this framework is OPinit Stack, designed exclusively for optimistic rollups within the Cosmos ecosystem. It includes mechanisms for fraudproofs and rollback capabilities and supports multiple virtual machines, which allows developers to focus solely on building their applications, rather than configuring complex infrastructure.

The Vested Interest Program (VIP) is Initia's novel incentive alignment mechanism that’s designed to address common issues in multi-rollup ecosystems. It addresses the misalignment of incentives for high-activity 

 (DApps), the economic underutilization of the native token and the inefficient distribution of protocol-level incentives.

VIP programmatically rewards valuable economic activities by allocating INIT tokens to rollups that create innovative applications, and to users who perform beneficial actions. This approach ensures that rollup teams, users and token holders all share aligned interests in the ecosystem's long-term success.

 (DEX) built on the Initia L1, functioning as the central liquidity hub for all Interwoven Rollups. It features Balancer-style weighted pools for diverse asset pairs, and 

 pools for assets with closely correlated prices, ensuring an optimal trading experience.

Enshrined Liquidity is Initia's solution to the traditional dilemma in 

 (PoS) systems, whereby token holders must choose between either staking for security or providing liquidity. It allows governance-whitelisted InitiaDEX liquidity positions (INIT-TOKEN pairs) to function as staking assets alongside the native INIT token.

Users can earn both staking rewards and trading fees from a single position, dramatically improving capital efficiency. To qualify, LP tokens must include INIT as part of the pair (with at least 50% weight for Balancer pools) and receive 

 approval, which also determines reward weight distribution among all whitelisted tokens.

Minitswap eliminates the days-long waiting periods typically required by optimistic bridges when moving assets from rollups to Layer 1s. Users can instantly swap their rollup tokens for L1 assets through liquid trading pairs, creating a frictionless experience for asset transfers throughout the Initia ecosystem.

 offers a unified interface for managing assets across multiple rollups, thereby facilitating cross-chain transfers and accessing DApps. By abstracting multichain complexity into a single interface, users can navigate the entire Initia ecosystem without confronting technical barriers or fragmented experiences.

Initia's bridge technology enables secure token transfers between Initia L1 and rollups using an optimistic bridge model. The OPinit Bridge leverages Cosmos SDK modules, and operates through two key components that work in tandem to ensure system integrity.

The Executor handles token movements, output submissions and data relay, while the Challenger monitors for invalid proposals and provides security oversight. This balanced architecture delivers verifiable cross-chain communication that maintains the integrity of both L1 and L2 chains while enabling reliable asset transfers throughout the Initia ecosystem.

Initia reached a major milestone with its successful mainnet launch on Apr 24, 2025. Before then, the project had completed several critical developments, including the MiniEVM and MiniMove frameworks, the deployment of InitiaDEX and the implementation of the innovative Vested Interest Program.

The immediate post-launch phase is focusing on expanding the ecosystem by onboarding strategic partner projects across 

 and enterprise sectors. This expansion demonstrates Initia's versatility as it builds a network of interconnected Interwoven Rollups that leverage the platform's unified infrastructure.

The INIT airdrop will distribute 50 million tokens, representing 5% of the total supply, to early supporters and community members. This allocation is strategically divided across three main categories: testnet participants (89.46%), social contributors (6.04%) and Interwoven Stack partners (4.50%).

The largest portion (44.7 million INIT) is being designated for the 194,294 users who participated in Initia's public testnet campaigns, particularly those who engaged with interactive 

 activities. Additional allocations target users from partner ecosystems, including LayerZero, IBC and milkTIA holders.

Following the mainnet launch on Apr 24, 2025, eligible participants will have a 30-day claim window to secure their tokens. This airdrop serves as both a community-building initiative and a strategic token distribution to those most likely to contribute to the ecosystem's growth.

INIT is the native token of the Initia ecosystem, with a fixed total supply of 1 billion. Initial circulating supply at launch was 148.75 million INIT, representing 14.88% of the total supply. The token’s distribution is strategically designed to ensure long-term sustainability and broad community engagement.

INIT enables staking to secure the network, powers governance decisions for protocol changes, facilitates cross-rollup operations between different Minitias and provides liquidity through InitiaDEX. This utility-driven model ties INIT's value directly to ecosystem activity and adoption.

Looking to trade Initia tokens? Bybit now offers the INITUSDT Perpetual contract following the recent mainnet launch. To get started, you'll need to create a Bybit account, fund it with cryptocurrency and navigate to the 

While Initia represents a groundbreaking approach to blockchain scalability through its interwoven architecture and unified liquidity model, investors must carefully weigh its significant growth potential against relevant risk factors.

Initia shows promising potential with its comprehensive ecosystem approach and significant financial backing. In addition, growing demand for scalable blockchain infrastructure that doesn't sacrifice security or customization provides a favorable market environment. However, potential investors should 

 and consider their individual risk tolerance.

Initia revolutionizes blockchain architecture by creating a multichain environment in which thousands of appchains can coexist harmoniously through modularity and orchestration. With established financial backing and over 16 appchains already onboarded at mainnet launch, Initia could transform the way blockchain applications are built, deployed and interconnected.

Intermediate

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Initia (INIT): The Interwoven Stack behind scalable rollups

Apr 28, 2025: Our weekly Institutional Insights explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

 explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

Weekly highlight — US-Sino trade conflicts cool down

China is considering suspending its 125% tariff on certain US imports, including medical equipment and industrial chemicals like ethane, due to the economic impact of the trade war. Discussions are also underway to waive tariffs on aircraft leases, which are financially burdensome for airlines.

This potential move has boosted investor optimism, with Asian shares rising and the yuan recovering losses. Analysts view this as a step toward de-escalation, although significant differences between the US and China remain.

The proposed exemptions align with recent US tariff exclusions on electronics, highlighting the intertwined nature of the two economies. Chinese companies reliant on US goods, such as advanced medical equipment and ethane, have reported some shipments arriving without tariffs.

While the list of potential exemptions is still being finalized, authorities have requested companies submit customs codes for necessary goods. Reports suggest China may also waive tariffs on at least eight semiconductor-related products, excluding memory chips, which could impact companies such as Micron Technology.

Overall, while investor interest grows, relations between the two nations still face challenges, with China demanding the US revoke unilateral tariffs before resuming trade talks.

Traders have heavily invested in Cantor Equity Partners Inc, a blank-check company merging with Twenty One Capital Inc., which is backed by Tether, Bitfinex and SoftBank. Since the April 22 merger announcement, Cantor's stock has surged 197%, closing at $31.50 on Friday.

The merger includes a convertible debt offering, potentially leading to a market capitalization of about $12 billion that would far exceed the estimated $4 billion value of the Bitcoin it’s expected to hold. This would reflect strong demand for crypto-related investments.

Analysts note that investing in such vehicles is akin to betting on Bitcoin's growth. Public special-purpose acquisition company (SPAC) shareholders are projected to own 2.7% of the new company, while major stakeholders like Tether and SoftBank will have substantial shares. Overall, the market is optimistic about this collaboration in the digital asset space.

Advanced

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Weekly Institutional Insights: Trade conflicts cool down as crypto SPAC sees popularity

Our weekly crypto derivatives analytics report delves into macro events; the current state of crypto and trading signals from spot trading volume; and futures, options and perpetual contracts.

At the start of the week, Bitcoin showed signs of decoupling from US equities. However, US president Trump's positive remarks about the US-China trade war (which had included a 145% tariff on Chinese goods) triggered a relief rally across markets. As a result, BTC has resumed moving up with US equities. 

This rally has led to a rise in short-tenor implied volatility and a recovery in BTC’s put-call skew, indicating that traders are seeking upside exposure.

Please check out the report’s highlights.

Perp open interest rises across the board

Perpetual open interest increased significantly this week across various tokens, especially ETH. Perpetual trading volumes also rose. Notably, Ap 7, 2025 recorded the highest trade volume of the month, following Trump's comment, "Forget markets for a second, we have all the advantages."

BTC option open interest shows a mixed picture; put-call skew in short tenor sends positive signals

President Trump’s recent willingness to negotiate a trade deal with China’s President Xi triggered a relief rally across asset classes, including crypto. Bitcoin had already risen 7% since Apr 21, 2025, prior to Trump's comments. Despite this rally, open interest in puts has outpaced calls, with options volume remaining relatively balanced. 

It's unclear if the demand for puts reflects a hedge against downside risks, or a bet against the upward movement. Meanwhile, perpetual funding rates are providing limited insight into sentiment. However, the recovery of the put-call skew at short tenors indicates that traders are seeking upside exposure to the rally — and are willing to pay for it.

ETH unexpectedly outperforms BTC in this relief rally

ETH's response to the recent crypto market recovery has diverged from previous trends: it outperformed BTC in spot prices, a rarity in past rallies, and open interest in calls exceeds that in puts — opposite to BTC's trend. In addition, ETH call open interest is nearly double that of puts, with calls dominating options volumes. This suggests traders anticipate ETH will reduce its significant underperformance against both BTC and other “ETH killers” like SUI and SOL. Additionally, the spot rally has led to another term structure inversion for ETH.

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Bybit X Block Scholes crypto derivatives analytics report (Apr 24, 2025): Put-call skew recovers at short tenors, showing reviving sentiment

Bybit Learn

Altcoins

Travala is a travel site that enables its customers to grow the platform and earn incentives through its native token, AVA. Find out more in this article.

Cryptocurrencies have been boldly improving a variety of industries since their introduction, and the impact is now benefiting the travel industry. 

 is a next-generation travel agency with online bookings for hotels and other accommodations. Through the effective use of cryptocurrency technology and the progressive improvements that its developers continue to make to the platform, Travala ushers in a new era in the travel world. This article covers exactly what you need to know about Travala.

Travala is a travel site that enables its customers to grow the platform and earn incentives through its native token, AVA. At the same time, the platform offers booking assistance for more than half a million properties worldwide.

While Travala can be compared to other online travel platforms, such as 

, it's one of the few platforms to undergo a digital transformation with a system designed using cryptocurrency technology to create a next-generation solution. By harnessing the power of 

 technology and establishing a strong community, Travala can support bookings, offer travel incentives, provide travel gift cards with travel credits, maintain lower costs and deliver other key benefits to its customers. In addition to being supported by AVA, the platform is compatible with 40 other cryptocurrencies, including 

Initially branded as Concierge, Travala was 

. Its primary goal is to create a well-designed travel solution that takes full advantage of blockchain technology benefits. The launch of the initial coin resulted in $2.6 million in funding, which allowed the platform to expand and offer its services to 200 countries worldwide. 

. Hipwell continues to serve as the company’s CEO. Otero manages resources and activities, while Lopez is the company’s CFO and Chief Information Officer. The group also relies on numerous experts and advisors in the blockchain and travel industries. These individuals maintain key roles in the continued development of the platform.

Travala’s co-founders initially identified several key areas in the travel industry that could be improved through their platform's use of blockchain technology. For example, they identified a lack of global booking platforms that accept crypto as a payment method. Travala accepts both fiat and crypto payments for bookings — without booking fees — and gives its customers guaranteed booking with immediate confirmations.

The co-founders also discovered that many global booking platforms have expensive fees and hidden costs. Therefore, Travala strives to provide its customers with more affordable and transparent booking solutions. In fact, it states that its services are available with savings of 15% or more as compared to the competition. At the same time, it fully discloses its fees to customers upfront so they’re not surprised by the final cost of their bookings.

Travala also promotes the use of crypto payments for bookings. Customers who pay for their travel plans with AVA tokens qualify for discounts and loyalty promotions, and can save an additional 10% through referrals and AVA staking. Regardless of how a customer pays, all refunds are made using AVA tokens.

Travala’s platform features a hassle-free user experience. After creating a Travala account, new users can earn a bonus by registering to use AVA tokens. Bookings may be completed using either crypto payments, AVA tokens or fiat currency. Special pricing is available if you pay using AVA tokens. While traveling, users may also use AVA tokens for various special services and upgrades from affiliated partners. After their travel, Travala members can receive additional AVA tokens through referrals and reviews.

On a more detailed level, the platform’s ecosystem consists of three layers. The 

 layer is the user interface. It allows customers to research travel options, complete bookings and purchase travel insurance. In addition, it supports the functionality of the 

, and lays the infrastructure for user-created reviews.

Next, the Protocol layer is used to host smart contracts and manage the platform’s economic functions. This layer uses the 

 blockchain to support bookings. It also conveys communications between partners, suppliers and users. The Protocol layer uses proxy 

 to complete token-based transactions on behalf of service providers, property owners and users.

Finally, the Consensus layer is designed on the NEO blockchain and uses a 

 (dBFT) protocol. The Consensus layer can handle a hefty 1,000 transactions per second (TPS). Proxy smart contracts track monetary operations and manage data, including the AVA balance of each user. Users’ reputations and the governance of records are also addressed on this third layer.

As a next-generation booking solution for the travel industry, Travala is designed with several exciting features not available on other travel platforms. Let’s take a look at some of them.

When users accumulate 250 AVA tokens, they have the opportunity to join Travala’s 

 by staking these coins. The Smart Program offers several money-saving benefits. For example, program members can save up to 13% on bookings, with the discount applied to the listed prices at checkout. Members can also earn from staking their AVA tokens with Travala. There are five levels. Level 5 requires 2,500 tokens and offers the maximum benefits to Smart Program members.

 is easy to do, with just one requirement: Send invites to others and get them to book a hotel for $400 or more on the Travala platform. Invitees are given a $25 incentive for joining Travala and making a booking, and Invite Program members get $25 for each invitee who signs up and completes a hotel booking of at least $400. A member’s activity can be monitored through a dedicated dashboard on the website or app.

Most of today’s online booking platforms use a centralized system, but Travala is a decentralized finance (

) model, offering a number of notable benefits. For instance, property owners can create their own discounts, loyalty rewards and promotions. They also have the option to accept cryptocurrency payments. Data analytics can be used to determine the optimal overnight rate for comparable accommodations. With these and other benefits, the platform delivers a transformational web3 experience.

Users who are Smart Program members (or those who have staked AVA tokens) can participate in community voting. Announcements are made to Smart Program members when a new Travala proposal is available to review and vote on. Only after a required voting threshold has been reached can the approval or failure of a proposal be determined. Approved proposals are then scheduled to launch.

 are utility non-fungible tokens, accessible via the 

 blockchain. By holding a Travel Tiger NFT, a user may access a variety of incentives and promotions.

There are 1,000 unique Travel Tiger NFTs available. “Travel Tigers” go on exciting journeys to check off travel experiences on their bucket lists. While Travel Tiger NFTs have a solid storyline that includes travel to the Mediterranean Sea, the Andes, the French Riviera and more, they also serve a utility function for their owners: Currently, those who own a Travel Tiger NFT 

. Additional promotions and offers are expected going forward.

Since Smart Program members on Travala have at least 2,500 AVA tokens and own a Travel Tiger NFT, they can take advantage of a Smart Diamond membership. These users can receive an Ambassador Bonus, which provides up to 10% of platform commissions after they promote 

 through personal marketing efforts. They can also take advantage of travel drops, as well as exclusive 

 to make bookings. Additional benefits of the Smart Diamond program are a 3% discount on booking prices, 10% loyalty rewards, the Proof of Travel NFT program, travel experience drops and access to 

Members who own a Travel Tiger NFT numbered between 1 and 941 are automatically entered into the Argentine Andes Adventure Giveaway, featuring a four-day trip to 

, from December 13–16, 2022. The winner will receive air travel for two adults, a three-night stay in the luxurious 

 ecolodge hotel room and airport transfers. The trip also includes three meals per day, a special gift pack, a wine tasting and tour, stargazing, a helicopter tour and a guided hike.

When Travala launched a few years ago, it was just one of many small startups trying to gain traction in a busy marketplace. However, its unique concept and effective design have enabled it to grow quickly, and it’s now one of the top online travel agencies.

Extensive and Money-Saving Benefits for AVA Users

Travala was designed specifically for greater transparency and lower fees. In addition to having no booking fees, it provides AVA token users with numerous incentives and benefits. Not only are discounts available through the Smart Diamond Program, Smart Program and Invite Program, but users can also benefit from writing reviews and owning a Travel Tiger NFT.

Travala users have access to flights, travel activities, hotels and other accommodations. In fact, the platform offers more than 3 million unique products, making it one of the largest booking platforms currently online. While discounts and incentives are available to those who pay with AVA tokens, other payment options include various cryptocurrencies and fiat money.

Each of the three distinctive layers of this platform provides unique features and benefits. The platform supports everything from researching and booking travel options to writing reviews, setting a referral program dashboard and more. It’s available in both PC and mobile formats for ease of use.

While Travala delivers exceptional benefits, it has a few downsides to be aware of before taking advantage of its features and booking services. While these disadvantages may not dissuade some individuals, they could be key deterrents for others. 

Key Benefits Are Only Available to AVA Users

One of the primary selling points associated with Travala is its ability to save users money on travel expenses, and give them access to other financial incentives and benefits. However, its money-saving programs are offered exclusively to those who use AVA tokens and maintain them in their AVA wallet. The most sizable discounts on travel are also available to those who pay for their trips using AVA tokens.

Blockchain Protocols Are Controlled by Third Parties

The blockchain protocols that support AVA tokens are supported by third parties.Thus, third parties are responsible for changes to protocols and malfunctions that could impact AVA tokens. Other concerns associated with third-party control include the possibilities of double-spend attacks and mining power attacks. In addition, quantum computing advances could jeopardize the security and functionality of the protocols and the AVA token.

Travala has come a long way since it was first 

 in 2017. Its co-founders spent many months developing it before it was officially launched in 2018. The initial launch brought approximately $2.6 million in funding, a sizable amount that enabled the co-founders to expand the platform to serve more than 200 countries. Today, this online travel agency website serves customers in more than 230 countries. It offers 500,000 different accommodations to its many customers.

Travala’s platform is continually being updated. Because governance is held by AVA token holders who are members of the Smart Program, the updates that are passed are directly under their control. One of the projects that’s currently under consideration is a branding refresh. Token holders are also considering developing travel NFTs, and accepting additional cryptocurrencies on the website. These potential options are 

, which would join dozens of other cryptocurrencies currently accepted by Travala.

Travala is also intending to introduce Review Rewards where users can earn AVA tokens in exchange for leaving authentic reviews. This would increase the number of use cases for the AVA token and boost its value.

AVA tokens can be used to purchase accommodations and other travel products through the Travala website and mobile app. The market cap for this cryptocurrency is more than $38 million as of September 2022. There are more than 51 million tokens circulating, and the total supply stands at roughly 61 million tokens. Like any other crypto, the price fluctuates constantly, and its current price is $0.74.

AVA are supported by numerous cryptocurrency exchanges, including Bybit, which adds to their functionality as investment tokens for trading purposes. With many incentives in place for the platform’s users to purchase AVA tokens, the available supply may gradually shrink in the months and years to come.

 was roughly $0.15 per token. This held relatively constant for many months, before reaching its peak of $5.30 in April 2021. Since that time, the price has experienced several lesser peaks, and now sits around $0.75 per token. Trading activity dramatically increased around the April 2021 peak, and AVA has continued to be of interest to traders.

Looking forward, the daily fluctuation may take the price to more than $0.80 per token in the near future. By 2025, the

 to double to $1.60 per token. By 2030, it may reach $3.99, and looking farther ahead could be valued at $7.98 in 2040. This forecast for growth may be related to a limited supply of AVA tokens and growing demand via usage on Travala.

While many people initially purchase AVA tokens to take advantage of savings opportunities and other incentives available through Travala, they may continue to hold the coins as an investment or for future travel plans. However, some people purchase AVA tokens as an investment, with no immediate intention to travel. 

Regardless of your intent, AVA tokens are available to both travelers and investors through several popular exchanges. One of these is 

, which has an exceptional platform that supports easy, well-informed trading. If you intend to trade 

, make sure you to check out Bybit's reward centre to get rewarded when you complete the tasks. 

 Keep in mind that new users on Travala are prompted up front to connect their cryptocurrency wallet (if they already have one) to their account. They can then use AVA tokens, as well as other cryptocurrencies, to schedule their bookings through Travala’s website or mobile app.

Cryptocurrency investments are rightfully well-known for their volatility. While some people engage in day trading, long-term investments in solid cryptocurrencies could prove lucrative. 

Is AVA one of the cryptocurrencies with staying power and long-term growth potential? While some tokens are largely used for trading purposes alone, AVA has bona fide functionality on Travala’s DeFi platform. Many travelers are taking advantage of AVA’s functionality for secure purchases, as well as to access discounts, incentives and more through the platform. Travala is a major travel industry player that has progressively expanded its offerings and reach since its inception, and it continues to grow today. With this in mind, it’s reasonable to expect that AVA tokens will continue to be widely in use going forward.

Although the AVA price has come off of its April 2021 peak, it continues to trade much higher than its launch price. Moreover, AVA’s price is expected to continue growing in the years to come. As is the case with most cryptocurrencies, the intraday price is generally volatile most of the time. That said, AVA is a solid investment for those who plan to hold the coin for a longer period of time. In addition, its volatility could result in significant returns for savvy day traders.

Travala was originally established as a unique platform that accepts crypto payment for travel bookings. While it accepts a variety of cryptocurrencies, using its native AVA token creates exciting discounts and incentives. Travala has taken the use of cryptocurrency to a new level, and brought crypto payments into the mainstream in the travel industry. This online travel agency platform continues to evolve and remains one to watch going forward.

Travala (AVA): Revolutionizing Travel With Virtual Assets

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