As reported by Captainaltcoin, Avalanche (AVAX) is gaining traction amid growing tokenization momentum in Europe. Bitwise recently updated its Avalanche ETF application with a 0.34% management fee, while Securitize secured EU approval to run a regulated tokenized trading and settlement system on AVAX. This positions Avalanche as the underlying network for regulated financial products across all 27 EU countries. BlackRock’s $500M tokenized fund also operates on Avalanche, and the Avalanche treasury has purchased 9.4M AVAX this quarter. On-chain activity has surged, with deployed contracts rising over 225%. If tokenization and ETF approval progress, AVAX could see a price range of $20–$40.
Avalanche (AVAX) Gains Momentum as Tokenization Gains Ground in Europe
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