$AVAX rose 7.5% to US$8.76 in 24 hours after the NYSE selected Avalanche for tokenized stock settlement.

The NYSE platform is targeted to launch in Q4, pending regulatory approval, using Avalanche for instant settlement and 24/7 trading.

AVAX ranks 26th, with 24-hour volume of US$396 million and a volume-to-market-cap ratio of 10%. Seven-day gain: +2.1%.