Welcome to this week’s AVA and crypto market update! This update covers news from 16 May-22 May 2025.

Crypto Market Update

The top stories from the broader market:

📈 Bitcoin Reaches All-time High: Bitcoin peaked at just shy of $112K this week, surpassing the previous high of $109K set in January. This surge represents an increase of over 25% in the last 30 days alone, with continued institutional investment, Bitcoin ETF inflows, and positive legal developments all contributing to its strong performance.

⚖️ GENIUS Act Advances: The US Senate voted 66-32 to advance the GENIUS Act to a Senate debate. The act would require stablecoins to be backed 1:1 by USD or other liquid assets, with annual audits for large issuers that have market capitalisations greater than $50 billion.

✍️ XRP, SOL & DOGE ETFs Delayed: The SEC delayed its decision on XRP, SOL, and DOGE ETF applications filed by multiple companies this week amid deliberations on whether the proposals meet regulatory standards. Experts say that a delayed decision was expected, with a decision likely to be reached in Q4 this year.

AVA Updates

In this week’s round-up of AVA news:

🖱 Website Expansion: The AVA Foundation website has been expanded with new pages and info! View site

💻 Job Opening: We’re hiring a new Lead Growth Contributor to join the team! View job

Weekly AVA Metrics

Below are the key $AVA metrics from the last 7 days:

💼 Total AVA holders (Travala + on-chain): 40,570 (+0.30%)

🤝 Total AVA Smart Program members: 64,530 (+1.19%)

🔒 Total AVA locked in the AVA Smart Program: 9,346,550 (+0.30%)

💰 AVA givebacks last 7 days: 28,713 AVA worth $17,900 (+9.03%)

🛍 Total saved via Smart discounts last 7 days: $10,383 (+67.90%)

✈️ Number of room nights & flights booked with AVA last 7 days: 177 (+80.61%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $57,299 (+81.06%)

Tune in next week for the latest news!

AVA Foundation

The information provided in this article is for general informational purposes only and is not intended to be, nor should it be construed as, financial, investment, trading, legal, or tax advice. Nothing contained herein constitutes an offer to buy, sell, or hold any cryptocurrency or asset, nor does it recommend any specific investment strategy or financial instrument.