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Avalanche surpasses 1.6 billion transactions amid rising real-world financial activity despite price drop.

Protocol Fundamentals
09 Nov 2026, 05:00 WIB
AMBCrypto
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Bullish
Avalanche surpasses 1.6 billion transactions amid rising real-world financial activity despite price drop.

Avalanche (AVAX) has crossed 1.6 billion total transactions on its mainnet since its 2020 launch, marking a significant milestone despite a bearish crypto market. While recent transaction volumes are lower than initial levels, network fees spiked 30% recently, indicating congestion. Spot and Futures traders have shown bullish activity, buying AVAX even as its price dropped 32% over the past week. Growth in real-world asset (RWA) financial activity, including doubled DEX volume and increased tokenized treasuries, supports optimism for AVAX's ecosystem. However, if key support levels fail, AVAX could see further price declines, though RWA inflows may help manage downside risk.

Avalanche's AVAX is trading at Rp144.708 on Pluang with a 1-day decline of 2.08% as of Nov 09, 2026 10:21 WIB. The market cap stands at Rp65.2 trillion while the 24-hour trading volume is Rp3.73 trillion. Despite recent price drops, Pluang order activity shows 33% of traders buying AVAX, reflecting ongoing interest in the asset.

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