Will The New $40 Million Retro9000 Grant Push AVAX Price to $40?

On September 20, AVAX price broke through a crucial resistance level that had been holding it down for over two months. This breakout comes at a time of significant development on the Avalanche network, driven by the Avalanche Foundation’s recent announcement of a $40 million Retro9000 Grant Program. This initiative, coupled with a major mainnet upgrade, aims to bolster the network’s ecosystem, raising the question: Could this propel the AVAX price to $40? As crypto market confidence grows, fueled by technical indicators and increased developer activity, the potential for a substantial price increase is on the horizon.