Avalanche (AVAX)

Avalanche sits roughly a tenth below where it was just a month ago.

What is going on right now?

AVAX has drifted down about 15% over the past 30 days and is trading around $9. The recent slide has been steady rather than sudden, with fairly quiet day-to-day movement.

How does it actually work?

Avalanche is a network that processes transactions, similar to a digital highway. It earns attention from projects that build on top of it, but it doesn't generate regular income the way a company would.

What stands out?

Reports say about $3.4 billion worth of real-world assets, like bonds, now live on the Avalanche network, and Kenya recently moved 15 million exam records onto it. Those are concrete uses beyond just trading the coin.

What comes next?

Standard Chartered published a $100 price target for 2026. Whether that holds any weight depends partly on whether those real-world projects keep growing or stall out.