As of September 29, AVAX closed at $29.41 on Gate, rising 3.78% during the day. Behind this price performance is a grand financing plan for the Avalanche ecosystem with a scale of 1 billion dollars is steadily advancing, along with the rapid expansion of the RWA (Real World Assets) track in the ecosystem.
Avalanche is leveraging a dual-wheel drive strategy of "treasury + RWA" to bring Wall Street capital and real-world assets onto the chain on a large scale, attempting to secure a leading position in the institutional competition.
01 Analyzing Trends: The Core of Treasury Strategies and the Layout of Avalanche
The essence of the treasury strategy is to bridge traditional capital with the crypto ecosystem.
The core logic of this strategy lies in utilizing the shell resources of listed companies to introduce funds from traditional capital markets through tools such as private equity financing, and then to purchase specific cryptocurrencies (such as AVAX here) in large quantities at a discounted price, forming what is called "treasury assets."
For Avalanche, this provides a stable long-term holder and funding entry point, helping to reduce market circulation and support the coin price.
For publicly listed companies, they can leverage the crypto narrative to reshape their business labels, attract market attention, and drive the stock price rise.
02 Strategic Upgrade: Avalanche’s $1 Billion Treasury Plan
In September this year, the Avalanche Foundation announced a key decision: to establish two "digital asset treasury companies" in the United States, with a total fundraising plan of 1 billion dollars.
The first project, led by Hivemind Capital, aims to raise up to $500 million among Nasdaq-listed companies, with crypto investor and former White House Press Secretary Anthony Scaramucci serving as an advisor.
The second project is initiated by Dragonfly Capital as a SPAC (Special Purpose Acquisition Company), with a target of 500 million dollars.
The latest development of this plan is that Hivemind Capital Partners announced a $550 million financing plan for their AVAX One project on September 25.
This institutional-level investment will focus on the tokenization of financial assets on the Avalanche blockchain, indicating Wall Street’s growing confidence in Avalanche’s infrastructure capabilities.
03 Case Study: Public Companies Embrace AVAX Treasury Strategy
On September 22, Nasdaq-listed company AgriFORCE Growing Systems (stock code: AGRI) announced its transformation into the AVAX treasury strategy, becoming the first Nasdaq-listed company focused on Avalanche blockchain technology.
The company announced a financing strategy of $550 million, aiming to accumulate over $700 million in AVAX tokens.
Under the leadership of CEO Jolie Kahn and Chairman Matt Zhang, the company’s strategy includes a $300 million PIPE (Private Investment in Public Equity) and plans to refinance $250 million through equity-linked instruments.
The Strategic Advisory Committee includes industry leaders such as Anthony Scaramucci of SkyBridge Capital and Brett Tejpaul of Coinbase Institutional.
The program has received support from over 50 institutions and crypto-native investors, including ParaFi, Galaxy Digital, and Digital Currency Group.
04 Ecological Rise: RWA and On-chain Data Rise
The RWA (Real World Assets) market on Avalanche is rapidly expanding. According to data, the total scale of RWA on Avalanche has risen by 139% in the past 30 days, surpassing $450 million.
This rise is attributed to Janus Henderson’s CLO funds, the stablecoin integration by Athena Labs, and the collaboration with the DeFi platform Pendle.
More notably, the DEX (decentralized exchange) ecosystem of Avalanche reached a milestone in September— with a cumulative trading volume of 31 billion USD in September, showcasing strong on-chain activity.
At the same time, the total locked value (TVL) of real-world asset tokenization on the network has reached $726 million, continuing to rise with the support of institutional investors such as Skybridge Capital and Mirae Capital.
05 Technical Analysis: AVAX Price Trend and Market Outlook
From a technical analysis perspective, AVAX is currently at a critical position.
The RSI is 49.94, indicating that it is in a neutral zone, with a fairly equal possibility of breaking upwards or downwards.
The trading price of AVAX is above the 50-day SMA ($26.97) and the 200-day SMA ($22.39), confirming that the long-term bullish trend remains intact.
In terms of key support and resistance levels:
- Immediate support level is at $25.75
- Strong support level at $22.19, consistent with the 200-day moving average.
- The resistance level is at 36.16 dollars, just 1.79 dollars lower than the 52-week high of 36.95 dollars.
Traders are focusing on a "double bottom breakout pattern" which, if confirmed, could push the price up to the target of $50.
06 Future Outlook: ETFs and Institutional Adoption as Key Drivers
In addition to the treasury strategy and RWA rise, the Avalanche ecosystem has also welcomed another institutional benefit: Bitwise submitted an ETF application based on Avalanche on September 16, and Grayscale and VanEck were also reported to have similar actions.
The dynamics related to this type of ETF have further accelerated the entry of institutional funds.
The U.S. Securities and Exchange Commission (SEC) may approve the AVAX spot ETF, which further enhances bullish sentiment in the market.
If these ETF applications are approved, it will bring another wave of institutional capital to the Avalanche ecosystem, further consolidating its position as a leading blockchain platform.
Future Outlook
As public companies like AgriFORCE transform into AVAX treasury, and Hivemind raises $550 million focusing on asset tokenization projects on Avalanche, institutional capital is flowing into the Avalanche network at an unprecedented scale.
The technical analysis shows that if AVAX can break through the resistance level of 36.16 dollars, it may challenge the target level of 50 dollars. Under the multiple narratives of RWA expansion, treasury strategies, and potential ETF approvals, Avalanche’s ecosystem development path has become clear.
