- Avalanche Network has reached a new record high in RWA value distributed.
- The data shows more than $1.16 billion on-chain, backed by BlackRock.
- AVAX price appears to be holding support at $9.00 amid the growth of this ecosystem.
Avalanche price hovered at $9.25 on Wednesday as bulls tried to consolidate a rally from intraday lows of $9.10.
The declines sent AVAX’s price down nearly 4% over the past 24 hours amid broader market weakness, with most altcoins giving back gains after Bitcoin briefly fell below $75,000.
While the pullback in BTC could continue to put pressure on altcoins, could AVAX bounce back above $10.00 when the project reaches a new high in terms of assets distributed in the real world?
The Avalanche RWA ecosystem is experiencing steep growth
The latest data indicates that Avalanche’s RWA ecosystem registered new momentum this month, reaching a new milestone for RWAs distributed on-chain.
Distributed RWAs represent assets that use the network as a distribution layer to enable investors to subscribe, hold and manage tokenized securities or instruments through wallets or custodians.
The Rwa.xyz values shared by Avalanche show that the metric has surpassed $1.16 billion, with the network recording approximately 58% growth in the value of RWA distributed over the past two weeks.
Much of the upside has been in increased activity from issuers and large institutional managers, particularly BlackRock’s additional allocation to the US Dollar Institutional Digital Liquidity (BUIDL) fund.
Such inflows into Avalanche-based products have driven capital on-chain, attracted liquidity providers, and enhanced ancillary services such as custody, compliance tools, and secondary market trading.
Overall, these services make Avalanche an attractive distribution layer for coding projects.
Industry observers say the growth reflects a broader trend in which the global value of token assets has expanded significantly over the past year as institutions race to capture efficiencies from programmable settlement and fractional ownership.
AVAX price forecast
The AVAX token has struggled to regain the momentum that propelled it to highs of $33 in late 2025.
From a technical perspective, the daily chart of AVAX shows the token under short-term pressure.
The Relative Strength Index (RSI) has fallen towards neutral territory, indicating that momentum has weakened after the recent correction.
Key support levels to watch include $9.00 and $8.30, which correspond to the intraday lows.
The deeper support range is near $7.40, a level that will be tested if the broader risk-off sell-off intensifies.
On the upside, resistance may emerge around the $10.40 area, where sellers had previously capped advances.
The $12 area provides a more significant barrier associated with the confluence of the moving average and the advance supply.
What are the near-term prospects?
In the near term, AVAX’s trend will likely remain tied to BTC price action and institutional inflows into Avalanche’s RWA products.
Renewed buyer interest, especially if institutional IPOs continue, could push the recovery towards resistance.
Conversely, a continued pullback across cryptocurrencies would increase downside risks and test the support highlighted above.
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