Markets· ★★★· bullish·

AVAX rises 12.49% to $8.48 as NYSE parent weighs Avalanche

  • AVAX rose 12.49% to $8.48, with volume 76% above the 30-day average
  • ICE/NYSE is evaluating Avalanche for 24/7 on-chain trading of tokenized stocks
  • Paxos integrated Avalanche on September 17, opening access to 650+ institutions
  • RSI at 68.2, with key resistance at $8.70
Why it matters: NYSE parent ICE's institutional interest in Avalanche could accelerate the migration of tokenized assets to blockchain and support demand for AVAX.
Source: DiarioBitcoin