Avalanche Network Growth Accelerates as AVAX Price Eyes Potential Breakout
Photo: TronWeekly
Avalanche’s real-world asset (RWA) ecosystem recorded significant growth in Q3, with Blockworks reporting $1.22 billion in tokenized assets on its C-Chain. The report also highlighted rising payment activity through Axiym Finance and expansion of BlackRock’s BUIDL fund. Meanwhile, the AVAX price is trading near $8.33 as buyers defend key support. Crypto analyst Crypto With Gopal has identified a potential double-bottom formation, with a breakout above $9.20 possibly opening the way toward $10.50. Avalanche’s tokenization ecosystem continued expanding during the third quarter, according to Blockworks’ latest report.
Source: TronWeekly
