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Avalanche Agreement holds support of US$7, Schwab plans to launch AVAX trading, with RWA assets reac

2026-08-30 12:25:02
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Avalanche maintains support at US$7, Schwab plans to launch AVAX transactions, with RWA assets reaching US$3 billion.

Avalanche (AVAX) is testing in key support areas around US$7.00 as institutional investor interest increases and tokenized real-world assets (RWA) grows. The current trading price of the cryptocurrency is US$7.26, with a 24-hour trading volume of US$232.5 million, and a market value of US$3.13 billion. AVAX has fallen 2.42% in the past 24 hours.

Key Support Levels and Market Outlook

According to cryptocurrency analyst Khonshu Arc, AVAX is facing an important technical test, and the range of US$7.00 to US$7.20 has become a key support area. If bulls can hold on to this area, prices are expected to stabilize and help buyers regain upward momentum. However, a break below this support level could trigger an intensification of selling and push AVAX towards new lows.

Analysis pointed out that if buyers can recover the US$8.50 mark, AVAX may usher in a more favorable recovery trend and re-establish a bullish market outlook. On the contrary, if the support level cannot be held, the asset will face the risk of further decline.

Overall market trends also have an impact on Avalanche's price movements. Bitcoin's sideways consolidation has exacerbated recent downward pressure on AVAX, although long-term sentiment around the ecosystem remains positive.

Schwab plans to expand AVAX trading

Charles Schwab, one of the largest brokers in the United States, is preparing to add AVAX trading to its digital asset trading service Schwab Crypto in the coming months. Currently, Schwab Crypto offers direct transactions for Bitcoin and Ethereum. Including AVAX is an important move that is expected to provide institutional and retail investors with greater access to the asset.

Schwab's potential plans to integrate AVAX stem from the growing market demand for broader crypto asset allocations and may also signal growing confidence in the Avalanche network.

The scale of RWA tokenization on Avalanche exceeds US$3 billion.

MSB Intel's latest data shows that since October, the value of real-world assets (RWA) monetized on the Avalanche blockchain has quadrupled to US$3 billion. This surge highlights the increasing adoption of blockchain-based financial infrastructure in tokenized funds, credit and securities issuance.

The expanding RWA ecosystem on Avalanche demonstrates the growing relevance of blockchain as institutions explore its applications for asset issuance, transparency and settlement. The significant growth in tokenized assets has increased Avalanche's appeal to institutions and may drive more active online activity across its ecosystem. Institutions interested in issuing new financial products through blockchain technology may increasingly turn to Avalanche to leverage its infrastructure and established user base.

Looking forward, AVAX's move depends on whether bulls can hold on to the $7.00 to $7.20 support area and recover the $8.50 resistance level. Successfully holding support and achieving a rebound may trigger a new round of bullish momentum; once it fails, it may lead to further price declines. At the same time, increased RWA adoption and Schwab's upcoming AVAX trading feature could provide an additional upward catalyst for prices.

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