Avalanche is drawing renewed institutional attention after SkyBridge Capital partnered with Tokeny and its parent company, Apex Group, to tokenize two investment funds worth approximately $300 million on the network. The development strengthens Avalanche's real-world asset (RWA) narrative, particularly given that Apex Group services more than $3.5 trillion in assets globally. At the same time, the AVAX price is testing a weekly demand zone between $8 and $9.50, and crypto analyst Giannis Andreou believes a series of confirmed breakouts could eventually open a path toward $100.

SkyBridge Expands Institutional Tokenization on Avalanche

SkyBridge Capital partnered with Tokeny and its parent company, Apex Group, to tokenize two major investment funds worth approximately $300 million on Avalanche. The initiative connects traditional investment products with blockchain infrastructure through Tokeny's tokenization technology. In fund tokenization, ownership shares of an investment product are represented as digital tokens recorded on a blockchain, so that issuance, tracking, and transfers of fund interests can be handled through on-chain records.

The partnership brings together three participants spanning traditional finance and blockchain infrastructure. SkyBridge contributes its investment funds, Tokeny provides the tokenization technology, and Apex Group supports the financial services infrastructure. Apex's involvement is significant because the company services more than $3.5 trillion in assets globally.

The development was highlighted on X (Twitter) by the account ALLINCRYPTO:

🚨 A $3.5 TRILLION financial services giant is involved in bringing $300 MILLION in hedge funds onto Avalanche! SkyBridge Capital partnered with Tokeny and its parent company, Apex Group, to tokenise two major investment funds on $AVAX ! Apex services over $3.5 TRILLION in… pic.twitter.com/oWv36g6evC

— ALLINCRYPTO (@RealAllinCrypto) October 31, 2026

The initiative aims to improve transparency, liquidity, and accessibility through blockchain-based fund infrastructure. It also demonstrates Avalanche's growing role in supporting financial products beyond conventional cryptocurrency transactions and decentralized finance. Fund tokenization is one of the more closely watched applications within the RWA sector, which seeks to bring traditional instruments such as funds and bonds onto blockchain rails.

Institutional Adoption Strengthens Avalanche's RWA Narrative

The SkyBridge partnership highlights Avalanche's potential in the expanding real-world asset sector. Tokenizing investment funds provides traditional financial institutions with another way to manage and distribute investment products using blockchain technology.

Apex Group's involvement is important in lending the project institutional credibility. Its participation could also encourage other asset managers to consider adopting blockchain as part of their infrastructure. That said, implementation within an institution is not a guarantee of higher demand for AVAX. The token's value proposition will rely on the level of network activity, the development of the ecosystem, and further integrations that create demand for the native coin.

AVAX Price Tests Weekly Demand Levels

The AVAX price is testing the weekly demand zone between $8 and $9.50 marked on crypto analyst Giannis Andreou's chart. Demand zones are a technical-analysis tool that mark price areas where buying interest has previously appeared, and analysts watch them as potential support. This zone represents a crucial support level at which buyers can attempt to start a recovery.

The first resistance level is between $12 and $15. Taking control of this area would help improve the weekly chart structure and shift focus toward $18–$25. Further resistance levels include $35–$40 and $55–$65.

Source: Giannis Andreou's X post

Each region presents a unique challenge for buyers. Breakouts and retests confirmed on a weekly basis offer more convincing proof of a recovery than a simple price rally. However, the biggest concern is the risk of further price declines if the existing level of demand is lost. According to Andreou, the next area of support lies at $5.50–$7.

Giannis Andreou Identifies $100 Fibonacci Target

According to Andreou, the AVAX price could reach as high as $100 if market structure turns bullish on the weekly timeframe. He calculates a potential level near $99.86 based on the 1.618 Fibonacci extension — a technical-analysis ratio used to project potential targets beyond a prior price swing — measured from $8.60 to $65.

This forecast is consistent with a traditional supply range from $95 to $105. From the analyst's reference price of $8.955, reaching $100 would imply an increase of approximately 1,016.69%.

The projection carries several technical prerequisites. The AVAX price must defend its present demand zone, retake the $12–$15 range, and then break through successive resistance zones. A breakout above $55–$65 would validate the bullish case.

What Comes Next for AVAX?

The first test for AVAX is maintaining support between $8 and $9.50. A sustainable breakout above $12–$15 would be the first signal of improving momentum.

Beyond the charts, SkyBridge Capital's tokenization project enhances the story of Avalanche's institutional adoption. Additional fund tokenizations and financial integrations may bolster Avalanche's RWA ecosystem, but their effect on the price of AVAX will remain contingent on network usage.

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