Avalanche (AVAX) price fell 2.39% to $6.34 as most altcoins weakened, making AVAX one of the poorest performers despite a flat overall crypto market. The decline lacks a specific catalyst and reflects broad market risk-off sentiment. However, whale accumulation, including a large withdrawal of 887,000 AVAX from Binance, and a 360% surge in Avalanche's Real-World Asset (RWA) transaction volume signal potential underlying strength. AVAX must hold support near $6.25 to sustain a rebound toward $6.46, with a confirmed breakout possibly targeting $7.20. Failure to hold support could extend the downtrend toward yearly lows, while continued whale buying and network activity provide counterbalance to selling pressure.
South Korea's Financial Services Commission unveiled a phased roadmap to integrate conventional securities onto blockchain starting February 4, 2027. The plan begins with tokenizing private money-market funds, corporate bonds, and unlisted shares, tr...
Most major cryptocurrencies saw price declines, including Bitcoin dropping 1.78% to $76,678 and Ethereum falling 3.26% to $2,378.53. Other tokens like XRP, Solana, and Zcash also experienced notable losses. A few coins showed slight gains, but overal...
Ethena Pay, a self-custody financial app on Avalanche, has entered beta testing in 48 countries, offering users up to 6% annual yields on USDe stablecoin holdings and cashback rewards up to 10% at partners like Uber and Spotify. The ENA governance to...
