Avalanche has reached the RWA milestone as the price of AVAX holds a key level
Avalanche Network reaches new record in distributed RWA value. The data shows more than $1.16 billion on the chain, updated by BlackRock. Amidst this ecosystem growth, AVAX price holds support at $9.00.
Avalanche prices rose to $9.25 on Wednesday as bulls tried to consolidate their gains from intraday lows of $9.10.
The decline has caused the price of AVAX to fall by about 4% in the last 24 hours.
While the rally in BTC may continue to weigh on altcoins, could AVAX rise above $10.00 as the project reaches new highs in terms of distributed real-world assets?
The Avalanche RWA ecosystem sees significant growth
Recent data indicates that the Avalanche RWA ecosystem has registered a new momentum this month, reaching a new milestone for distributed RWAs on the chain.
Distributed RWAs represent assets that use the network as a distribution layer to enable investors to register, hold and manage tokenized securities or instruments through wallets or custodians.
The avalanche of Rwa.xyz values shared shows that the scale exceeds $1.16 billion, the network has seen an approximately 58% growth in the value of distributed RWA in the past two weeks.
Much of the activity has come from large institutional issuers and managers, notably BlackRock's increased allocation to the USUSD Institutional Digital Liquidity (BUIDL) fund.
Such an avalanche of products has pushed capital into the chain, attracted liquidity providers, and boosted ancillary services such as protection, compliance tools, and secondary market trading.
Overall, these services make Avalanche an attractive distribution layer for tokenization projects.
Industry observers said the growth reflects a broader trend in which the global value of tokenized assets has expanded significantly over the past year as institutions scramble to capture efficiencies from programmatic settlement and fractional ownership.
AVAX Price View
The AVAX token has struggled to recapture the momentum that saw it rise to $33 by the end of 2025.
From a technical perspective, the daily chart of AVAX shows a signal under short-term pressure.
The Relative Strength Index (RSI) has edged lower into neutral territory, indicating momentum has weakened following the recent retracement.
Key support levels to watch include $9.00 and $8.30, which are consistent with recent daily highs.
A deeper support band is found near $7.40, a level that will be tested if a broader risk-stop sell-off prevails.
On the downside, resistance where sellers held an earlier rally could rise to $10.40.
The $12 area provides a more significant hurdle associated with the average conjuncture and early supply.
What is the recent attitude?
In the near term, the direction of AVAX may remain correlated with BTC price action and institutional flows into Avalanche RWA products.
Renewed buyer demand, especially if institutional subscriptions continue, could lead to resistance to recovery.
Conversely, a sustained crypto-wide pullback will increase downside risk and test the supports listed above.
