$AVAX Holds 5% of Tokenized Stocks, but the Token Still Slips
5% → Avalanche's share of tokenized stock market cap, behind BNB Chain, Ethereum and Solana
-2% → AVAX over 24h to $8.35
$3.7B → total tokenized stocks, now 287 assets above $1M (3 in Jan 2025)
A credible niche, and NYSE reportedly picking it for settlement helps. But chain usage is not token demand, and AVAX has yet to show that link. Expect range trading between $8.24 support and $8.71 resistance. Not financial advice, DYOR.
$AVAX
5% → Avalanche's share of tokenized stock market cap, behind BNB Chain, Ethereum and Solana
-2% → AVAX over 24h to $8.35
$3.7B → total tokenized stocks, now 287 assets above $1M (3 in Jan 2025)
A credible niche, and NYSE reportedly picking it for settlement helps. But chain usage is not token demand, and AVAX has yet to show that link. Expect range trading between $8.24 support and $8.71 resistance. Not financial advice, DYOR.
$AVAX
