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

Binance CEO says users deposited over $21b to the exchange in 2024

Floki price is on the verge of a breakout ahead of MONKY airdrop

Julian Hosp: The Rise, Fall, and Sale of Bake

As Cardano (ADA) Eyes $2, Solana (SOL) to $300 Analysts Predict This New Token Could Deliver Bigg...

Solana Pioneers AI Hackathon: $185K in Cash Prizes Up for Grabs!

Byte Federal Responds to Major Data Breach Impacting Thousands

Join our free newsletter for daily crypto updates!