$AVAX-USD

The stablecoin supply on the XRP Ledger, which supports XRP, increased by 8% in the week ending October 6, 2026, adding $100 million to reach $1.31 billion. This growth, driven by Ripple's RLUSD, brings the ledger close to surpassing Avalanche's $1.39 billion stablecoin supply. However, XRP's price remained relatively unchanged, trading at $1.51, as stablecoin supply growth does not necessarily correlate with XRP's market value.

Avalanche added $266M in real-world assets (RWA) in September, per Cryptobriefing, outpacing competitors. Nearly half came from Securitize's SECZ token. AVAX price rose 4.9% to $11.11. Avalanche ranks fourth in RWA holdings but first in growth, with institutional interest noted.

Goldman Sachs' $100B Treasury fund, FTIXX, is now accessible to institutional crypto firms through Lynq, an Avalanche-based network, marking a shift in traditional finance's use of blockchain for managing financial products. This move highlights the trend of tokenizing traditional assets and could blur the lines between cash management and digital assets. AVAX, Avalanche's native token, rose 12% following the news.

Bitwise's Avalanche (AVAX) ETF (BAVA) began trading in April 2026, offering staking rewards and liquidity. AVAX traded near $11.15 in early October. Remittix invites 1,000 RTX holders to test PayFi, a service converting crypto to fiat, aiming to capture global remittance market share. RTX is set to launch on November 24 after a $0.46 presale stage.

Avalanche (AVAX) trades at $10.798, down 1.75% in 24 hours but above key support at $9.549. The network added $245.5M in tokenized stock market cap in September, boosting fundamentals. Technical indicators and derivatives activity suggest potential for further gains if support holds.

NEAR Protocol reported $197.55M in 24-hour DEX volume, surpassing Avalanche's $193.92M. NEAR's growth is driven by NEAR Intents, an intent-based trading system. NEAR's TVL ranges from $194M to $230M, supported by projects like Rhea Finance. The NEAR token saw a 78% weekly gain in mid-to-late September 2026, according to research.

Bitwise's Matt Hougan noted that Bitcoin and Ethereum rose 8% and 7% respectively, while NEAR, Uniswap, and Avalanche saw larger gains after the Senate failed to pass the CLARITY Act. According to Hougan, the act's failure allows exchanges more flexibility to offer stablecoin rewards and opens doors for tokenization platforms and revenue-generating tokens under new SEC rules.

Avalanche (AVAX) surged 10-12% to a six-month high of $11.9 after Goldman Sachs made its $100B Treasury fund accessible via Lynq, an Avalanche-based network. The price later dropped 4% due to long liquidations, ending the period slightly down. The move was driven by AVAX-specific news, not broader market conditions, according to reports.

Avalanche (AVAX) surged 12% to a six-month high of $11.92 after Goldman Sachs' $100 billion Treasury fund became available via Lynq, an institutional network on Avalanche. The fund, FTIXX, is not tokenized but offers institutional shares. Lynq, operating on a private Avalanche blockchain, aims to provide a secure venue for institutional crypto trading.

AVAX price fell 5.56% on September 28 despite Goldman Sachs integrating its $100B Treasury fund into Avalanche-based Lynq, a private L1 used by 30+ institutional crypto firms. Lynq allows firms to hold cash in the fund between trades. AVAX traded at around $10.30 during the drop, according to TradingView data.