AVAX Price Eyes Rally As Avalanche Founder Draws Parallel To Bitcoin

The speculations over a potential $AVAX price rally soared as Avalanche founder Emin Gun Sirer drew parallels to Bitcoin’s capped 21 million supply. Highlighting $AVAX’s maximum supply of 715.74 million and its deflationary mechanism of burning transaction fees, Sirer contrasts it with Ethereum’s uncapped supply. This scarcity-driven approach positions it as a strong contender among digital assets, sparking investor confidence and raising hopes for a potential price surge in the near future.