Seamless

Token

<p>Changpeng Zhao’s recent announcement about investing in the crypto travel platform has driven a significant surge in the price of Travala’s native AVA token.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img decoding="async" width="642" height="368" src="https://www.cryptotimes.io/wp-content/uploads/2024/12/CZ-invested-in-Travala.png" alt="CZ's announcement " class="wp-image-222815">
  <figcaption class="wp-element-caption">
   CZ’s announcement, Source: <a href="https://x.com/cz_binance/status/1867235258615074863?t=vCGYXXNJQbueSlIEgGGtDQ&amp;s=19" target="_blank" data-type="link" data-id="https://x.com/cz_binance/status/1867235258615074863?t=vCGYXXNJQbueSlIEgGGtDQ&amp;s=19" rel="noopener noreferrer nofollow">X</a>
  </figcaption>
 </figure>
</div>
<p>Zhao, the CEO of Binance,&nbsp; has recently revealed that&nbsp; Binance invested in the crypto travel platform Travala before the COVID pandemic and the crypto winter.&nbsp;</p>
<p>This announcement comes after Travala has hit $100 million in annual revenue. The platform has been playing a key role in increasing the adoption of cryptocurrency in the travel industry.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img decoding="async" width="860" height="366" src="https://www.cryptotimes.io/wp-content/uploads/2024/12/AVA-price-860x366.png" alt="AVA price chart" class="wp-image-222816">
  <figcaption class="wp-element-caption">
   AVA price chart, Source: <a href="https://coinmarketcap.com/currencies/ava/" target="_blank" data-type="link" data-id="https://coinmarketcap.com/currencies/ava/" rel="noopener noreferrer nofollow">CoinMarketCap</a>
  </figcaption>
 </figure>
</div>
<p>Following CZ’s tweet, the AVA token has experienced a dramatic rise, increasing by as much as 20%. At the time of writing, the price of the AVA token has reached $2.51.</p>
<p>This surge in the token’s value highlights a growing interest in the platform and its potential in the crypto and travel sectors.</p>
<p>In addition to this achievement, Travala introduced <a href="https://www.cryptotimes.io/2024/12/11/travala-hits-100m-in-revenue-launches-crypto-reserve/" target="_blank" rel="noopener noreferrer nofollow">a new strategy involving a treasury reserve</a> that includes AVA and Bitcoin (BTC). This move is part of the company’s efforts to strengthen its position and promote further crypto adoption for travel bookings.</p>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 <p>Also Read: <a href="https://www.cryptotimes.io/2024/09/21/travala-expand-to-solana-for-seamless-crypto-travel-bookings/" target="_blank" rel="noopener noreferrer nofollow">Travala Expand to Solana for Seamless Crypto Travel Bookings</a></p>
</blockquote>

AVA Token Rises to 240% after Changpeng Zhao’s Tweet

The Crypto Times

Other articles published on Dec 12, 2024

KuCoin and Holdstation Partner to Transform Vietnam’s Blockchain Ecosystem

Dogecoin and Shiba Inu Losing Momentum? XYZVerse Attracts Investors With 99x Growth!

Why Crypto Market Is Up Today: Key Reason

$RLUSD Approved! + Microsoft Chooses Ethereum Over Bitcoin✅

DTX Exchange Shines Bright With $10M Presale While PEPE & DOGE Price Crashes

Best Meme Coins to Buy This Weekend: BTFD Coin’s Strong Performance, Dogwifhat’s Unique Appeal, a...

Join our free newsletter for daily crypto updates!