Travala.com Research Hub | AVA information, history and analysis
Travala.com, founded in 2017, is a leading blockchain-based travel booking platform owned by Binance, the world’s largest cryptocurrency exchange. Travala.com provides consumers with ticket booking services for over 3,000,000 tourist items, including accommodation, flights, and activities at 90,124 destinations in 230 countries and territories worldwide, at a much lower cost than mainstream tourist reservation platforms.
Travala.com was developed by Steve Hipwell, Matt Luczynski, Juan Otero, along with developers, software engineers, designers, and leading experts in tourism, Blockchain, and Fintech. Travala.com’s goals include:
- Aligning trip bookings with decentralized technology.
- Promoting accessibility.
- Providing peer-to-peer transactions.
- Combating censorship.
- Developing an open-source tourism platform.
Travala.com Token (AVA) is a token utility that runs the Travala.com platform. It provides users with additional utilities and enhances the user experience by including the following:
- Charge the user for the room when they make a reservation on Travala.com.
- Users will receive a refund in AVA for each completed booking (2-5 %).
- Make payments for products and services at over 5000 e-commerce merchants globally.
- Reward new users or invitees in the Refer a Friend program.
Price skyrocketed after key announcements: Travala (AVA) experienced a remarkable 300% price increase following Binance CEO’s early investment revelation and reported annual revenue of 100,000,000 USD. Although this fueled market interest, current indicators suggest potential volatility ahead.
Market momentum shows signs of fading: The Relative Strength Index has dropped from 96 to 47.8, signaling a shift to neutral territory. Additionally, the Average Directional Index decreased from 57 to 39.5, indicating weakened trend strength; crucial support lies at 1.56 USD.
AVA trading volume is $315.87m. Market capitalization reaches $133.22m.
AVA trading volume is $597.94m. Market capitalization reaches $158.58m.
Changpeng Zhao’s recent announcement about investing in the crypto travel platform has driven a significant surge in the price of Travala’s native AVA token.
Zhao, the CEO of Binance, has recently revealed that Binance invested in the crypto travel platform Travala before the COVID pandemic and the crypto winter.
Shortly after CZ’s post, the AVA token skyrocketed nearly fourfold in less than 30 minutes. AVA is currently trading at 67,387 VNDC, reflecting a 258.05% increase over the past 24 hours.
Travala token AVA experienced a remarkable 400% increase in its price directly following a statement from Changpeng Zhao, CEO of Binance. This dramatic rise underscores the significant influence that leading figures can have on cryptocurrency market dynamics.
Travala.com has added USDC through Polygon network
Travala.com, a leading online travel and accommodation firm that supports cryptocurrency payments, said it added support for Circle’s stablecoin USDC through the Polygon network. Following the partnership, users can now make payments with the leading stablecoin for over 3 million travel products globally.
USDC on polygon now joins the list of more than 95 crypto assets already supported by Travala.com. With the advantages of fast transaction processing speed and attractive transaction fees, USDC on Polygon is an economical option for users.
Travala.com partners with Dtravel to integrate TRVL
Travala.com, the world’s leading cryptocurrency-friendly online travel agency, and Dtravel, a decentralized home-sharing platform, announced a strategic partnership to integrate Dtravel’s TRVL token on the travel website’s platform.