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Avalanche to settle trades for NYSE tokenized stocks, boosting AVAX price by 12.7%.

Market News
10 Nov 2026, 07:00 WIB
AMBCrypto
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Bullish
Avalanche to settle trades for NYSE tokenized stocks, boosting AVAX price by 12.7%.

Avalanche (AVAX) will serve as the core ledger for clearing and settling trades on an upcoming NYSE-affiliated tokenized stock trading platform, enabling instant settlement and 24/7 trading pending regulatory approval. This partnership comes as Avalanche reports its best quarter yet, with significant increases in trading volume, spending, and on-chain credit. Following the news, AVAX's price surged by 12.7%, signaling strong market interest and a potential bullish trend if it breaks the $9 mark.

Avalanche (AVAX) trades at Rp154.538 on Pluang, up 6.69% in the last day as of Nov 10, 2026 12:11 WIB, showing strong interest following the NYSE partnership news. The platform sees a 24-hour trading volume of Rp9,98 trillion and a market cap of Rp69,2 trillion, with 59% of orders selling and 41% buying. Typical holding time for AVAX investors on Pluang is 88 days, indicating a moderate-term commitment amid this bullish development.

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