Avalanche (AVAX) faces a crucial support test as Schwab expands trading access and Avalanche’s RWA ecosystem continues to grow. These developments could strengthen institutional interest and network activity, while a successful recovery may improve market sentiment and support a broader bullish outlook for AVAX.
At the time of writing, AVAX is trading at $7.26 with a 24-hour trading volume of $232.5 million and a market capitalization of $3.13 billion. Despite the 2.42% loss over the last 24 hours, the AVAX price structure and RWA growth point to a bullish reversal ahead.
Source: CoinMarketCap
Also Read: AVAX Price Eyes $8.30 as Avalanche Gains Momentum in Tokenized Stocks
AVAX Price Targets $8.50 Amid Schwab Expansion
According to the crypto analyst @KhonshuArc, AVAX is facing a critical technical test as the $7.00–$7.20 region emerges as key support. Holding this zone could help stabilize the price and allow buyers to rebuild momentum.
However, a decisive breakdown below support may increase selling pressure and raise the possibility of AVAX falling toward a fresh low.
Source: @KhonshuArc’s X Post
On the other hand, there is a plan at Charles Schwab to integrate AVAX trades on Schwab Crypto in the coming months.
Schwab Crypto presently allows direct trading of Bitcoin and Ethereum, which makes the addition of AVAX a significant move. It is important to mention that bulls must take back control of $8.50 to improve the recovery setup.
Avalanche RWA Tokenization Surges Above $3 Billion
The data from MSB Intel further highlighted that Avalanche’s real-world asset (RWA) tokenization has witnessed tremendous growth, whereby the total value of assets that have been tokenized through its blockchain has increased 4x, hitting $3 billion from October.
This demonstrates the growing need for financial infrastructure built through blockchains for tokenizing funds, credits, and securities.
Source: MSB Intel’s X Post
The growth is reflective of Avalanche’s increasing relevance in the fast-evolving world of RWA tokens, an area in which blockchain can help enhance issuance, settlement, transparency, and access.
The increase in tokenized assets can lead to higher network activity for Avalanche and make it more relevant to institutions looking to issue financial products on blockchains.
Despite the bullish price predictions and RWA growth, the AVAX price is moving in a downward direction. This move is also backed by the general trend in the crypto market as the BTC price has started to move sideways.
What Happens Next for Avalanche?
The next step for AVAX will depend on whether the buyers can hold onto the $7.00-$7.20 support level and take control of $8.50.
A break above could increase positive momentum and pave the way to further gains, while a breakdown would see further declines. The increase in RWA adoption and Schwab’s trading access could boost Avalanche’s outlook.
Also Read: Avalanche (AVAX) Price Eyes $100+ as Institutional Adoption Accelerates
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
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