AVAX Rallies 49.7% as Avalanche Gains RWA Momentum
AVAX rose 49.7% in four weeks to about $10.85–$10.95 by 11 October, outperforming Bitcoin and Ether. The rally followed Avalanche’s 22 September Helicon mainnet upgrade, which the project says can make block verification up to 100 times faster, shortens staking periods and includes measures to reduce token issuance. AVAX also gained support from growing real-world asset (RWA) activity: Avalanche added $266 million in RWA market capitalisation in the 30 days to 29 September, including $131.2 million in tokenised-stock inflows in one week. Institutional integrations and tokenisation tests were also cited, though potential ETF demand has not yet been confirmed as measurable flows. Despite the gains, AVAX remains about 92% below its November 2021 peak near $145. Traders will be watching whether RWA inflows persist and whether Helicon delivers its promised performance under real-world conditions.
Bullish
The news is bullish for AVAX in the near term because the token has significantly outperformed Bitcoin and Ether, while the Helicon upgrade and sharp growth in Avalanche’s RWA market provide identifiable catalysts. The reported $266 million increase in RWA market capitalisation and $131.2 million in weekly tokenised-stock inflows may encourage momentum traders and strengthen the narrative that Avalanche is attracting on-chain financial activity. Positive reactions to major network upgrades and expanding ecosystem use have often supported token prices in the short term, although the gains can fade if adoption figures or usage do not continue after the initial announcement.
The outlook is less certain over a longer horizon. Traders should look for sustained RWA inflows, actual network activity and evidence that Helicon’s claimed performance gains hold under load. Institutional integrations and tokenisation tests may improve confidence, but discussion of ETF-related demand is not the same as confirmed inflows. AVAX remains roughly 92% below its 2021 high, underscoring the scale of its past drawdown and leaving room for volatility. Broader market direction, liquidity and profit-taking after a near-50% monthly rally could also reverse some gains. The catalysts therefore support a positive bias, but do not establish a durable trend.