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Avalanche (AVAX) price hits monthly highs as Ava Labs teams up with Gamestarter 

By:
on May 21, 2024
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  • The collaboration aims to launch GameChain on the AVAX blockchain.
  • GameChain’s tools will bolster community engagement and user experience.
  • AVAX jumped to 30-day peaks following the announcement.

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The firm behind Avalanche (AVAX), Ava Labs, has joined forces with blockchain gaming network Gamestarter to boost developer activity and enhance user experience.

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The duo will combine resources to launch a layer1 platform GameChain on Avalanche.

Meanwhile, the new platform will simplify the process of developing blockchain games, ushering in new opportunities for gaming fans and developers. 

According to the announcement,

“The partnership marks a significant step forward in Gamestarter’s commitment to building a thriving ecosystem where developers, players, and investors can align and thrive.” 

Game developers can seamlessly integrate blockchain technology using a high-end Software Development Kit (SDK) and an in-built cross-bridge feature. Users can transfer assets across different networks without hurdles. 

Further, GameChain’s innovative tools, including GameID, GameSocial, GameScan, and GameHub, will boost gamers’ experience exponentially. 

AVAX soars to monthly highs

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The token recorded significant surges in the past day, capitalizing on the $35.75 support barrier to explode to 30-day peaks of $41.07.

AVAX noted a slight decline to $40.81 during this publication, but indicators support more bullish moves. 

AVAX 1D Chart on Coinmarketcap

For instance, the emerging golden cross on the 4hr 50- and 200-day EMAs demonstrate upside impetus.

Also, the MACD’s positive trajectory suggests sustained upside momentum – under favorable market conditions. 

The abovementioned alliance, the current broad market sentiments, and optimistic ecosystem developments such as Stripe integration support Avalanche’s expected surge toward the $60 mark.

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