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Avalanche's AVAX nears $12 as tokenized U.S. Treasuries on its blockchain quadruple.

Technical Signals
06 Oct 2026
AMBCrypto
View Source
Bullish
Avalanche's AVAX nears $12 as tokenized U.S. Treasuries on its blockchain quadruple.

Avalanche's cryptocurrency AVAX rose 3.6% to about $11.53, approaching the key $12 resistance level. This price movement coincides with a significant increase in tokenized U.S. Treasuries on Avalanche's blockchain, which quadrupled to $545 million, showing strong growth in real-world asset adoption. AVAX has rallied nearly 60% from its low and must break above $12 to target $13, while support levels at $10.40 and $10.50 are critical to maintain the upward trend. A failure to hold these supports could lead to a correction, but current momentum and network adoption remain positive.

Avalanche's AVAX token is trading at Rp206.242 on Pluang, showing a 5.24% increase in the last day. As of Oct 07, 2026 04:44 WIB, the market cap stands at Rp91.34 trillion with a 24-hour trading volume of Rp10.75 trillion, indicating strong investor interest.

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