Avalanche's real-world asset (RWA) ecosystem expanded notably in the third quarter, with a Blockworks report citing $1.22 billion in tokenized assets on the network's C-Chain. The report also pointed to rising payment flows through Axiym Finance and continued growth of BlackRock's BUIDL fund. Separately, the AVAX price is trading near $8.33 as buyers defend a key support zone, and crypto analyst Crypto With Gopal has identified a potential double-bottom formation, with a breakout above $9.20 possibly opening the way toward $10.50.

Avalanche's Tokenized RWA Market Reaches $1.22 Billion

Avalanche's tokenization ecosystem continued to expand during the third quarter, according to Blockworks' latest report. The publication highlighted $1.22 billion in tokenized real-world assets on Avalanche's C-Chain, the network's smart contract chain, underscoring the network's growing role in bringing traditional financial products onto blockchain infrastructure. Tokenized RWAs are blockchain-based representations of assets such as funds and securities, a format that allows traditional financial products to settle on programmable infrastructure.

Source: Avalanche's X post

The development reflects Avalanche's participation in the broader RWA sector, where financial institutions are exploring tokenized funds, securities, and other traditional assets. Rising tokenization activity strengthens the network's standing in institutional finance, although ecosystem growth does not automatically translate into immediate demand for AVAX.

Axiym Payments and BlackRock's BUIDL Fund Drive Ecosystem Growth

Blockworks also reported $529 million in payment flows through Axiym Finance, representing a 4.4-fold increase compared with the same period last year. The growth highlights expanding use of Avalanche infrastructure for financial transactions and blockchain-based payment settlement, indicating that activity on the network now extends beyond asset tokenization into payment usage.

BlackRock's BUIDL fund recorded 21% quarterly growth on Avalanche, adding another institutional adoption milestone. The tokenized fund provides exposure to traditional financial assets through blockchain infrastructure. Together, these developments point to growing activity across Avalanche's payment, tokenization, and institutional finance sectors.

AVAX Price Defends $8.10 Support as Double-Bottom Pattern Emerges

Despite the supportive fundamental backdrop, the AVAX price continues to face pressure on its chart. The token is trading near $8.33, with buyers working to hold support between $8.10 and $8.20 following a prolonged downward move. Support zones of this kind mark price areas where buying interest has previously absorbed selling pressure, which is why traders watch closely whether they hold.

Crypto With Gopal identified a potential double-bottom formation on the one-hour chart. The pattern takes its name from two troughs printed at similar price levels, and here it suggests buyers are repeatedly defending the same support region after earlier selling pressure. Confirmation, however, requires a breakout above the intervening resistance level.

Analyst Maps Potential Recovery Toward $10.50

Crypto With Gopal identified $9.20 as the key resistance expected to shape any rebound in the AVAX price. According to the analyst, a break above this level could build on momentum toward a $10.50 target.

Source: Crypto With Gopal's X post

The outlook remains dependent on whether buyers retain control at prevailing support levels. A rejection at $9.20 would delay any recovery, while a breakdown below $8.10 would cast doubt on the double-bottom formation.

What Comes Next for AVAX

AVAX's next move hinges on whether buyers can defend the $8.10–$8.20 support zone and gather enough strength to push above $9.20. A successful breakout would carry positive implications for the token's recovery.

Investors will also be watching the development of Avalanche's RWA ecosystem, institutional involvement, and payments activity. Continued ecosystem growth could help the network establish a stronger position in tokenized finance, though increased network adoption does not necessarily translate into price appreciation for AVAX.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. This is not financial advice.