AVAX Targets $50: Treasury Inflows & Tokenization Fuel Bull Run
AVAX Targets $50: Treasury Inflows & Tokenization Fuel Bull Run
Amidst recent market volatility, Avalanche (AVAX) has emerged as a standout performer, drawing significant attention from both institutional and individual investors. The cryptocurrency has experienced a notable surge, climbing approximately 17% within a 24-hour period to trade near the $35.50 mark, following a series of robust rallies. This impressive uptrend is largely attributed to a confluence of factors: a substantial increase in demand from large holders (whales), the launch of a groundbreaking $550 million treasury initiative, and the accelerating global momentum behind real-world asset (RWA) tokenization. Market analysts are now closely watching AVAX, suggesting that if these current bullish trends continue, the token could realistically set its sights on the ambitious $50 price target. The current enthusiasm surrounding AVAX is not merely speculative; it is underpinned by tangible developments that are reshaping its market position. The growing interest from institutional play…