Bithumb listing drives AVA token surge

The AVA token, associated with the Binance-backed platform Travala, surged over 100% following Bithumb's announcement of a new AVA/KRW trading pair. Trading volume on the new pair reached approximately $40 million, surpassing activity on Binance's USDT market. The price rally was further amplified by short liquidations and heavy speculation in leveraged futures. Additionally, the AVA Foundation's recent buyback program, which has locked over 13% of the circulating supply, provided underlying support for the token.