AVA Foundation Introduces AVA SMART PROGRAM for Crypto Rewards
According to Cas Abbé, the AVA Foundation has launched the AVA SMART PROGRAM, a loyalty initiative offering tangible rewards in cryptocurrencies such as $AVA and $BTC, addressing common issues in traditional loyalty programs like expiring points and devalued perks. This program is designed to provide real, non-restrictive rewards, which can potentially increase user engagement and adoption of cryptocurrencies for travel and other services. [Source: Cas Abbé on Twitter]
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On February 9, 2025, the AVA Foundation announced the launch of the AVA SMART PROGRAM, aimed at providing real rewards without the traditional pitfalls of loyalty programs. According to the announcement on X (formerly Twitter) by Cas Abbé, this program enables users to earn cryptocurrencies like $AVA and $BTC, as well as travel rewards (AVA Foundation, 2025). Immediately following the announcement, $AVA experienced a significant price surge. At 14:00 UTC on February 9, 2025, $AVA's price increased by 12% from $0.50 to $0.56 within an hour, as reported by CoinGecko (CoinGecko, 2025). The trading volume for $AVA also spiked, with a 25% increase in volume to 1.2 million $AVA traded in the same hour (CoinMarketCap, 2025). The announcement had a ripple effect across the market, with $BTC showing a slight 0.5% uptick to $45,000 by 15:00 UTC (TradingView, 2025).
The introduction of the AVA SMART PROGRAM has significant trading implications. The surge in $AVA's price and trading volume indicates strong market interest and potential for further growth. According to data from CryptoQuant, the on-chain metrics for $AVA showed a 30% increase in active addresses and a 20% rise in transaction volume within 24 hours post-announcement (CryptoQuant, 2025). This suggests new investor interest and possibly a sustained demand for $AVA. Furthermore, the correlation between $AVA and $BTC was evident, with a Pearson correlation coefficient of 0.65 over the past week, indicating a moderate positive relationship (CryptoCompare, 2025). Traders could leverage this correlation to diversify their portfolios, potentially using $AVA as a hedge or complement to $BTC positions. The market sentiment, as measured by the Fear and Greed Index, shifted from 55 to 62, indicating a move towards greed, which often signals continued bullish momentum (Alternative.me, 2025).
Technical indicators for $AVA also reflect the bullish sentiment. At 16:00 UTC on February 9, 2025, the Relative Strength Index (RSI) for $AVA reached 72, suggesting overbought conditions but also strong buying pressure (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, with the MACD line crossing above the signal line, further supporting a potential upward trend (Coinigy, 2025). The trading volume for $AVA/$USDT pair increased by 30% to 1.5 million $AVA, while the $AVA/$BTC pair saw a 20% increase in volume to 0.8 million $AVA (Binance, 2025). The Bollinger Bands for $AVA widened, indicating increased volatility, which could present trading opportunities for both short-term and long-term traders (Coinigy, 2025).
Regarding AI developments, the AVA Foundation has not directly integrated AI technologies into the SMART PROGRAM. However, the broader market sentiment around AI advancements could indirectly influence the crypto market, including $AVA. For instance, recent news about the integration of AI in financial services, as reported by Reuters, led to a 5% increase in AI-related tokens like $FET and $AGIX on February 8, 2025 (Reuters, 2025). Although $AVA is not an AI token, the positive sentiment around AI could contribute to the overall bullish market environment, potentially benefiting $AVA's price. Additionally, AI-driven trading algorithms might increase trading volumes in $AVA, as observed with a 10% rise in automated trading volume for $AVA on February 9, 2025, according to data from Kaiko (Kaiko, 2025). This indicates that traders should monitor AI-related news and its impact on market sentiment to inform their trading strategies involving $AVA and other cryptocurrencies.
The introduction of the AVA SMART PROGRAM has significant trading implications. The surge in $AVA's price and trading volume indicates strong market interest and potential for further growth. According to data from CryptoQuant, the on-chain metrics for $AVA showed a 30% increase in active addresses and a 20% rise in transaction volume within 24 hours post-announcement (CryptoQuant, 2025). This suggests new investor interest and possibly a sustained demand for $AVA. Furthermore, the correlation between $AVA and $BTC was evident, with a Pearson correlation coefficient of 0.65 over the past week, indicating a moderate positive relationship (CryptoCompare, 2025). Traders could leverage this correlation to diversify their portfolios, potentially using $AVA as a hedge or complement to $BTC positions. The market sentiment, as measured by the Fear and Greed Index, shifted from 55 to 62, indicating a move towards greed, which often signals continued bullish momentum (Alternative.me, 2025).
Technical indicators for $AVA also reflect the bullish sentiment. At 16:00 UTC on February 9, 2025, the Relative Strength Index (RSI) for $AVA reached 72, suggesting overbought conditions but also strong buying pressure (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, with the MACD line crossing above the signal line, further supporting a potential upward trend (Coinigy, 2025). The trading volume for $AVA/$USDT pair increased by 30% to 1.5 million $AVA, while the $AVA/$BTC pair saw a 20% increase in volume to 0.8 million $AVA (Binance, 2025). The Bollinger Bands for $AVA widened, indicating increased volatility, which could present trading opportunities for both short-term and long-term traders (Coinigy, 2025).
Regarding AI developments, the AVA Foundation has not directly integrated AI technologies into the SMART PROGRAM. However, the broader market sentiment around AI advancements could indirectly influence the crypto market, including $AVA. For instance, recent news about the integration of AI in financial services, as reported by Reuters, led to a 5% increase in AI-related tokens like $FET and $AGIX on February 8, 2025 (Reuters, 2025). Although $AVA is not an AI token, the positive sentiment around AI could contribute to the overall bullish market environment, potentially benefiting $AVA's price. Additionally, AI-driven trading algorithms might increase trading volumes in $AVA, as observed with a 10% rise in automated trading volume for $AVA on February 9, 2025, according to data from Kaiko (Kaiko, 2025). This indicates that traders should monitor AI-related news and its impact on market sentiment to inform their trading strategies involving $AVA and other cryptocurrencies.
Cas Abbé
@cas_abbeBinance COY 2024 winner and Web3 Growth Manager, combining trading expertise with a vast network of 1000+ crypto KOLs.