AVAX gains on $700 M tokenized asset growth and new global payments partnership

Avalanche’s native token AVAX rose about 2.5% to roughly $6.96‑$7.00, testing a key resistance level. With a market capitalisation near $3 billion and daily trading volume around $250 million, analysts note the price could break toward a bullish target of $14.47 if buying pressure sustains.

The Avalanche platform has now tokenised more than $700 million of real‑world assets, highlighted by Securitize’s milestone launch on the network. In parallel, Avalanche announced the Payments Collective, a partnership effort intended to simplify cross‑border fund transfers across more than 150 countries, aiming to broaden blockchain‑based payment adoption and attract further institutional interest.