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Avalanche price jumps 18% on tokenized fund launch, payments integration, and staking upgrade

Market News
21 Sep 2026, 03:11 WIB
CryptoTicker
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Bullish
Avalanche price jumps 18% on tokenized fund launch, payments integration, and staking upgrade

Avalanche's AVAX price rose 18% due to three key events: New York Life Investment Management launched its first tokenized high-yield bond fund on Avalanche, Paxos added AVAX to its regulated payment services, and a network upgrade on September 22 will reduce staking lock-up from 14 days to 48 hours. While the tokenized fund targets professional investors outside the US and is not directly accessible to German retail investors, the AVAX coin itself is available on authorized exchanges in Germany. The staking upgrade offers more flexibility but slightly lowers rewards, requiring investors to monitor validator uptime more closely. This price surge reflects growing infrastructure and institutional interest rather than immediate retail investment opportunities.

Avalanche's AVAX token is trading at Rp207.681 on Pluang, showing a 12.60% increase in the last day. The market cap stands at Rp88.96 trillion, with 59% of orders selling and 41% buying as of Sep 21, 2026 07:21 WIB.

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