Avalanche nears $12 as tokenized US Treasuries on its network hit $545M
- —AVAX gained 3.6% to $11.53, up nearly 60% from its $7.23 low
- —Tokenized US Treasuries on Avalanche reached $545 million
- —That is a 14% quarterly rise and a fourfold increase year over year, per RWA.xyz
- —Key resistance sits at $11.70–12, with support at $10.40–10.50
Why it matters: A break above $12 could open the way to $13, while losing $10.40 raises the risk of a deeper correction toward $10.
Source: AMBCrypto