$AVAX-USD

Bitcoin Core 32 introduces parallel validation, fee estimator updates, and mining changes. U.S. spot Bitcoin ETFs saw $450.4M outflows on September 15. Avalanche (AVAX) rose 4.65% amid broader crypto market gains and tokenization developments. Bitcoin climbed post-Fed rate hike.

U.S. spot Bitcoin ETFs saw $450.4M outflows on September 15, their largest since June, as Bitcoin prices dropped and the CLARITY Act stalled. Avalanche (AVAX) rose 4.65% amid broader crypto market gains and tokenization developments. Bitcoin later climbed after the Fed's rate hike, but fell to $75,242 due to additional market pressures.

AVAX price dropped due to the U.S. Senate's failure to pass the Digital Asset Market Clarity Act, testing the $7 support level. If $7 holds, the June 2026 rally remains intact, but a break below could lead to further declines. Meanwhile, Avalanche announced tokenized stocks on its network, expanding DeFi offerings. If $7 support holds, AVAX may target $8.50 and $10.00.

Avalanche (AVAX) partnered with UAE PASS, a digital passport for government services used by 12 million people. Avalanche will support document verification, not storage, using blockchain to confirm document authenticity. This partnership could increase exposure for Avalanche's network and demonstrate blockchain's role in everyday digital services. Avalanche already supports institutional usage via a partnership with Japan's Progmat, and the UAE rollout adds another identity use case. The succes

Avalanche's AVAX token rose 5.24% to $8.06 after Hanwha Investment & Securities launched a tokenized securities platform on its blockchain, with a market cap of $3.48 billion. The platform combines Avalanche's public blockchain with Hyperledger Besu, aiming to bring traditional assets into global onchain markets. South Korea's regulatory framework supports this initiative, with legal changes taking effect in February 2027.

Hanwha Investment & Securities, part of a $200B conglomerate, is building a tokenization platform on Avalanche blockchain. The project, developed with FairSquare Lab, uses a dual-chain architecture. South Korea's regulatory roadmap mandates tokenization of certain assets by February 2027. Hanwha also holds stakes in Securitize, Xangle, Kresus, and Dunamu, positioning itself across tokenized finance. Other major South Korean firms are also preparing for the 2027 deadline, with Avalanche as a pref

South Korea plans to tokenize stocks and bonds, launching in 2027. The country will use Avalanche's blockchain infrastructure. The Financial Services Commission (FSC) and Korea Securities Depository (KSD) presented a phased roadmap. The first phase includes private funds, bonds, and non-public shares. Publicly offered securities will follow in later phases. The FSC aims to unify the capital markets network within a single digital market.

South Korea's FSC and KSD are developing a framework to tokenize stocks, bonds, and funds using Avalanche's blockchain. The program includes issuance, trading, clearing, settlement, and investor rights. Avalanche's AVAX token could become central to national-scale tokenization efforts in South Korea.

Ethena launched Ethena Pay, a USDe neobank app on Avalanche, enabling users to hold, send, and spend digital dollars. The app offers instant transfers, daily earnings, and a virtual Visa card. Avalanche's speed and low costs support the service. Ethena's governance token ENA rose 4.53% to $0.1576 with increased trading volume.

Ethena Labs launched Ethena Pay, a self-custodial money app built on Avalanche (AVAX) chain, offering cashback and yield features. The app is in beta, available in 48 countries, and supports USDe, fiat, and crypto transactions. It plans to expand to the US, EU, and other markets. Ethena Pay integrates with Visa's merchant network and offers a tiered reward system with up to 5% cashback and 6% yield on holdings.