Avalanche Treasury Co. is merging with Mountain Lake Acquisition Corp. in a landmark $675 million deal targeting a Nasdaq listing in early 2026. The company will leverage an exclusive partnership with the Avalanche Foundation to acquire AVAX tokens at a significant discount while actively driving ecosystem growth, positioning itself as a strategic growth engine rather than a passive holder.
about Avalanche Treasury Co. Merges in $675M Deal for Nasdaq ListingEmin Gün Sirer
0 posts last weekAvalanche (AVAX) Surges 25% as Network Hits Record Highs
Avalanche’s ecosystem is experiencing significant growth, with AVAX rising 25% amid record on-chain activity. On May 11, 2025, the network processed 10.8M transactions—an all-time high—while active addresses surged to 950K, the highest since June 2023. The surge reflects increased DeFi, gaming, and NFT activity, with nearly 30M smart contracts deployed. AVAX broke past $24.55 resistance, benefiting from a broader crypto rally and easing US-China trade tensions. Analysts remain bullish ahead of the Avalanche Summit, where new partnerships or upgrades could further boost adoption. The network solidifies its position as a top layer-1 blockchain with strong fundamentals.
about Avalanche (AVAX) Surges 25% as Network Hits Record HighsKevin Sekniqi: Avalanche Co-Founder Bridging Crypto & Culture
Kevin Sekniqi, co-founder of Avalanche, has emerged as a key figure in solving blockchain’s scalability challenges through subnets and modular architecture. Born in Montenegro and raised in the U.S., his academic background in computer science and cryptography at Cornell University laid the foundation for Avalanche, one of the fastest blockchain networks. Beyond technology, Sekniqi actively engages in cultural outreach, including tech discussions with Albania’s Prime Minister, and balances serious industry debates with humor on social media. His work exemplifies how innovation can stem from diverse backgrounds, reshaping finance with speed and flexibility.
about Kevin Sekniqi: Avalanche Co-Founder Bridging Crypto & CultureTrump’s Election Victory Sparks Interest in Solana Lightchain AI and Avalanche
Trump’s recent election victory has sparked optimism in the cryptocurrency market, particularly for altcoins like Solana, Lightchain AI, and Avalanche. Solana is recognized for its speed and efficiency, though it faces concerns over past outages. Lightchain AI stands out with its integration of AI and blockchain for real-world applications, while Avalanche offers customizable blockchain solutions, appealing to institutional users despite its complexity.
about Trump's Election Victory Sparks Interest in Solana Lightchain AI and Avalanche