$AVAX soared to the peak in 9 months, surpassing the $11 mark just a few days later.
Avalanche is up nearly 20% over the past 24 hours, rising from around $7.6 on 17/9 straight to more than $11 today. Trading volume has also increased fourfold compared to the previous week.
Paxos has just confirmed it has integrated Avalanche into its custody platform, paving the way for more than 650 financial institutions to access AVAX directly, without intermediaries.
No major organization has yet announced that it has actually bought in. Most of the orders pushing the price right now still come from small retail investors trying to get ahead of the narrative.
Anyone holding AVAX from the $7–$8 range is effectively sitting on big gains. Anyone jumping in at this point is buying at a price that has already run far, with no small risk of a pullback.
One thing worth watching: whether institutional money is truly flowing in over the next few days, or if this is just a short-term speculative wave.
Not investment advice. DYOR.
#AVAX #Avalanche #Crypto #Altcoin
Avalanche is up nearly 20% over the past 24 hours, rising from around $7.6 on 17/9 straight to more than $11 today. Trading volume has also increased fourfold compared to the previous week.
Paxos has just confirmed it has integrated Avalanche into its custody platform, paving the way for more than 650 financial institutions to access AVAX directly, without intermediaries.
No major organization has yet announced that it has actually bought in. Most of the orders pushing the price right now still come from small retail investors trying to get ahead of the narrative.
Anyone holding AVAX from the $7–$8 range is effectively sitting on big gains. Anyone jumping in at this point is buying at a price that has already run far, with no small risk of a pullback.
One thing worth watching: whether institutional money is truly flowing in over the next few days, or if this is just a short-term speculative wave.
Not investment advice. DYOR.
#AVAX #Avalanche #Crypto #Altcoin
