AVAX One shares surge 10.41% intraday after launching Avalanche validator node to boost onchain ecosystem participation and generate delegation fees.

AVAX One Technology Ltd. surged 10.41% intraday following the announcement of launching its first public validator node on the Avalanche blockchain. The move marks a strategic shift from passive AVAX holdings to active ecosystem participation, enabling the company to generate revenue via delegation fees and support Avalanche consensus. The validator, leveraging institutional-grade infrastructure, is positioned to enhance network security and decentralization while creating a foundation for future partnerships and third-party validation services. CEO Jolie Kahn emphasized the milestone as a step toward compounding shareholder value and expanding the onchain financial economy, aligning with the stock’s upward trajectory driven by optimism over diversified revenue streams and ecosystem growth.