Avalanche is embarking on a new phase of growth, highlighted by partnerships with significant enterprises and increasing adoption of stablecoin payments in Korea. Various on-chain indicators reveal a notable spike in network activity.
These developments are substantiated by solid operational proof, such as DEX volume and Bitwise’s ETF application. This evidence suggests a robust demand, liquidity, and institutional interest.
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Expanding Influence in Asia
Avalanche (AVAX) is leading the digital transformation of Asia’s economy, particularly in Korea, a dynamic crypto marketplace with over 15 million accounts across local exchanges.
Recently, BDACS collaborated with Woori Bank to introduce KRW1, a stablecoin pegged 1:1 to the Korean won. Following a successful proof of concept, it is now in pilot testing. Avalanche’s secure, high-speed infrastructure supports KRW1. INEX, an exchange providing lifetime 0% fees, has signed an MOU with Ava Labs to trial stablecoin payments both online and offline.
In Japan, Avalanche is also active, partnering with Densan (over 65,000 stores) and SMBC – one of the top three banks in the country – to create a stablecoin for national transactions. With tokenized whisky from Bowmore & Suntory and automotive finance models from Toyota Blockchain Lab, AVAX is merging tradition with innovation, showcasing its attraction to global enterprises.
“Avalanche’s unique advantage lies in its established history of successfully collaborating with institutions. From KKR’s healthcare fund tokenization in 2022 to the State of Wyoming’s stablecoin in 2025, these have consistently represented industry-first and highly complex projects.” Justin Kim | Head of Asia, Ava Labs, noted in Tiger Research’s recent report.
Explosive Network Performance, AVAX Eyes $42
By 2025, Avalanche is “functioning at full capacity.” Network activity has surged, driving exceptional engagement across L1s. DEX volume on Avalanche reached $12 billion in August, and the last 24 hours saw it rise to $630 million, outpacing Arbitrum and Sui (SUI). This represents an 8x increase over the past two months.
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The value of RWAs on Avalanche has surpassed $450 million. Initiatives like Grove Finance are targeting $250 million in institutional credit, and SkyBridge is in the process of tokenizing $300 million in investment funds. Uptop is also expanding its NBA loyalty program.
Additionally, Wyoming launched FRNT – the first state-backed stablecoin for practical use – and Exit Festival implemented smart ticketing for 500,000 participants. These metrics transcend mere statistics; they illustrate that AVAX attracts genuine users, spanning from DeFi to entertainment.
The arrival of Solana’s former head of communications at Ava Labs is predicted to enhance growth by bringing marketing expertise to help AVAX stay competitive with other L1s. The Avalanche Foundation has appointed Lord Chris Holmes, a UK parliamentarian and technology policy expert, to its board, bolstering Avalanche’s regulatory credibility and supporting its global expansion.
Breaking Out of Pennant
From a technical viewpoint, AVAX shows no signs of “slowing down,” particularly after breaking free from a bull pennant formation. With robust support at $27, many analysts speculate that the next target is $42. At the time of writing, AVAX is trading at $31.82, up 6% over the last 24 hours. The price surged to $30, its highest since February, following announcements of two $500 million Treasury bond transactions aimed at expanding institutional reach.
This optimistic outlook is fueled by strong network indicators and expectations of institutional inflows through AVAX ETFs. Four AVAX ETFs have been submitted and await approval in 2025. Should the SEC grant approval, institutional capital could send AVAX soaring to new levels, akin to the effect of Bitcoin ETFs.
