AVAX Reclaims Top 20 as Securitize Selects Avalanche for EU Platform

2 min

Avalanche (AVAX) has regained its position among the top 20 cryptocurrencies, overtaking Hedera (HBAR). This comes as Securitize gains EU approval to launch a fully regulated blockchain-based securities market on the Avalanche network.

Securitize Gains EU Approval

  • Securitize obtained authorization from Spain’s National Securities Market Commission to operate a tokenized trading system under the EU's DLT Pilot Regime.
  • The license can be used across the European Single Market, including France, Germany, and Italy, linking U.S. broker-dealer operations with Europe’s capital markets.
  • Avalanche will power the infrastructure due to its fast finality and scalable architecture.
  • This development coincides with Securitize’s $1.25 billion SPAC merger and management of BlackRock's over $1 billion on-chain treasury fund.
  • The first EU-compliant issuance is expected in early 2026, targeting an $18 trillion market by 2033.

Technical Analysis of AVAX Price

  • AVAX price hovers around a long-term support zone of $12–$15, recently reaching $14.94 with a 6.5% daily gain.
  • The price faces resistance at the 20-day SMA at $15.21, with potential targets at $18.61 and $33 if trendlines break.
  • Key indicators like RSI, MACD, and Stochastic show bullish signals, supporting a potential breakout.
  • If AVAX fails to remain above $13.91, it risks testing support near $12.57.

Institutional Confidence in AVAX

  • AVAX One Treasury accumulated over 9.37 million AVAX, spending $110 million, with total reserves surpassing 13.8 million AVAX.
  • On-chain metrics indicate growing developer activity and increasing buyer dominance in futures markets.

As institutional interest intensifies and Europe's blockchain securities market launches on Avalanche, AVAX appears poised for a potential trend reversal.