Ethereum Layer-1 competitor Avalanche (AVAX) receives a major boost as the Lunda Foundation Guard has added over $100 million in AVAX to its UST reserves. AVAX jumped 7% and is trading at $88 as the tenth-largest Cryptocurrency with a market cap of $23 billion. Moreover, Avalanche (AVAX) became the first major Cryptocurrency beyond Bitcoin to be added to the UST reserve.