Crypto News Focus

Avalanche AVAX Price Surges Past $30 on $1 Billion Treasury Deals

Avalanche (AVAX) has captured investor attention once again, climbing more than 16% in a single day to test the $30 mark at press time. Trading volumes soared to $1.9 billion, reflecting renewed optimism as institutional deals and real-world asset (RWA) integration reshape the network’s future.

Avalanche Expands into Real-World Assets

A major driver of the surge is Avalanche’s growing presence in the tokenization of real-world assets. Decentralized data provider DIA recently deployed its oracle infrastructure on the Avalanche network, enabling the tokenization of assets like real estate, commodities, and carbon credits. This step strengthens Avalanche’s bid to merge traditional finance with blockchain while creating new opportunities for DeFi and transparent asset management.

The expansion into RWAs not only opens the door to innovative financial products but also positions Avalanche at the forefront of an industry trend where institutional players are seeking blockchain-based solutions to tokenize tangible assets.

Institutional Adoption Gains Traction

Institutional interest in Avalanche is also heating up. SkyBridge Capital has announced plans to tokenize $300 million in hedge fund assets on the network, signaling confidence in Avalanche’s infrastructure.

At the same time, the Avalanche Foundation is negotiating up to $1 billion in treasury deals with leading investment firms. Talks include a $500 million agreement with Hivemind Capital and another with Dragonfly Capital. If finalized, these transactions would inject liquidity and demonstrate strong backing from large-scale investors, further solidifying Avalanche’s institutional credibility.

Technical Outlook and Market Targets

From a technical standpoint, AVAX broke through critical resistance near $28, supported by $1.43 billion in spot trading volume over the past 24 hours. Analysts now eye potential upside targets between $35 and $37, with the possibility of an extended rally toward $50 if bullish conditions persist.

AVAX/USDC PRICE CHART FOR 24 HOURS PERIOD
Source: TradingView

Indicators such as rising volume and strengthening relative strength index (RSI) suggest sustained buying pressure, providing further confidence in the bullish case.

Avalanche’s recent surge highlights the power of combining institutional investment with blockchain innovation. With treasury deals in motion and RWA integration underway, Avalanche is positioning itself as a serious contender in bridging traditional finance with decentralized technology. If current trends hold, AVAX could be on track for new multi-year highs.

ALSO READ:Pi Network Reaches 12 Million Mainnet Users as Protocol 23 Upgrade Nears

DISCLAIMER:
The views and opinions expressed herein are solely those of the author  and do not necessarily reflect the views of the publisher. The publisher does not endorse or guarantee the accuracy of any information presented in this article. Readers are encouraged to conduct further research and consult additional sources before making any decisions based on the content provided.

Exit mobile version