Key Highlights: Ava Labs has been selected to provide the core ledger technology for the clearing firm powering an upcoming digital trading platform developed by an affiliate of the New York Stock Exchange (NYSE). The architecture adopts a multi-chain issuance framework where equities can originate across various blockchains while using a dedicated Avalanche ledger for ...
Key Highlights The New York Stock Exchange (NYSE) plans to use the Avalanche ($AVAX) blockchain as the central clearing and settlement ledger for its upcoming tokenized stock trading platform. Operating through an NYSE-affiliated alternative trading system (ATS), the multi-chain platform aims to offer 24/7 trading and settlement, subject to regulatory approval. Avalanche’s native token ($AVAX) ...
Key Highlights: Avalanche ($AVAX) trades at $11.44, preserving a bullish moving average alignment above the 20, 50, and 200 EMAs across daily, hourly, and 15-minute timeframes. Momentum divergences emerge as the hourly RSI hits an overbought reading of 76.85, while the daily MACD histogram widens negatively to -0.0494 despite price strength. Avalanche decentralized exchange (DEX) ...
Key Highlights Avalanche (AVAX) posted a double-digit daily surge exceeding 12%, but a 1-month Liquidation Heatmap from CoinGlass reveals limited upside liquidity clusters above current price levels. Multiple deep downward liquidity clusters below the press-time price create magnetic pull toward lower levels, making the rally vulnerable without sustained momentum. Accumulation/Distribution data shows heavy buying volume ...