The main trend of $AVAX during this period has been bullish. The price rose from approximately $24.09 on September 5 to reach a high of $31.28 on September 12.

Avalanche is actively working to be a bridge between traditional finance and decentralized finance (DeFi). This includes the tokenization of real-world assets (RWA) such as real estate, art, and credits. A recent example is the investment firm T. Rowe Price, which has been exploring the use of Avalanche for the issuance and management of investment funds.

Subnets are a key feature of Avalanche, allowing organizations or projects to create customized blockchains that operate on their own network while benefiting from the security of the main network. This feature is expected to attract more institutions and business projects that need a tailored blockchain environment.

AVAX
AVAX
13.22
-0.07%