币界网报道：Avalanche's native token AVAX saw an 8% price surge amid broader market volatility, briefly touching $38 before settling around $37.50. The rally comes as Avalanche Foundation announced plans to purchase community-created meme coins meeting certain criteria, aiming to recognize and encourage cultural engagement within its ecosystem. While the foundation didn't disclose specific investment amounts, it emphasized these purchases would focus on coins demonstrating fair distribution, sufficient liquidity, and substantial project maturity. The move follows Avalanche's recent $50 million investment initiative targeting asset tokenization projects, highlighting the platform's expanding ecosystem strategy. Meanwhile, AVAX's trading volume spiked 25% to approximately $500 million, with its market cap hovering near $14 billion. Analysts note this marks AVAX's strongest performance since early January, though some caution the meme coin initiative could introduce speculative risks. The foundation clarified it will only acquire coins that have undergone thorough due diligence, seeking to balance innovation with responsible ecosystem growth. This development occurs as Avalanche continues competing with other layer-1 chains in attracting developers and users through diverse incentive programs.