Avalanche’s network has reached a new record high in distributed RWA value. Data shows over $1.16 billion on-chain, boosted by BlackRock. AVAX price looks to holdAvalanche’s network has reached a new record high in distributed RWA value. Data shows over $1.16 billion on-chain, boosted by BlackRock. AVAX price looks to hold

Avalanche hits RWA milestone as AVAX price holds key level

2026/05/28 00:01
3 min read
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  • Avalanche’s network has reached a new record high in distributed RWA value.
  • Data shows over $1.16 billion on-chain, boosted by BlackRock.
  • AVAX price looks to hold $9.00 support amid this ecosystem growth.

Avalanche price hovered $9.25 on Wednesday as bulls attempted to solidify the uptick from intraday lows of $9.10.

The declines had put AVAX price down about 4% in the past 24 hours amid wider market weakness, with most altcoins shedding gains after Bitcoin briefly slipped below $75,000.

While the pullback in BTC could continue to pressure altcoins, could AVAX bounce to above $10.00 as the project hits a new high in terms of distributed real-world assets?

Avalanche RWA ecosystem sees sharp growth

Latest data indicates that Avalanche’s RWA ecosystem has recorded fresh momentum this month, reaching a new milestone for distributed RWAs on-chain.

Distributed RWAs represent assets that use the network as a distribution layer to enable investors to subscribe, hold, and manage tokenized securities or instruments through wallets or custodians.

Rwa.xyz values Avalanche shared shows the metric has surpassed $1.16 billion, with the network posting roughly 58% growth in distributed RWA value over the past two weeks.

Much of the uptick to increased activity from large institutional issuers and managers, notably BlackRock’s additional allocations to its USD Institutional Digital Liquidity (BUIDL) Fund.

Avalanche ChartAvalanche distributed RWA assets. Source Avalanche on X

Such flows into Avalanche-based products have pushed capital onto the chain, attracted liquidity providers, and boosted ancillary services such as custody, compliance tooling, and secondary-market trading.

As a whole, these services make Avalanche an appealing distribution layer for tokenization projects.

Industry observers say the growth reflects a broader trend by which the global value of tokenized assets has expanded significantly over the last year as institutions race to capture efficiencies from programmable settlement and fractional ownership.

AVAX price outlook

The AVAX token has struggled to recapture the momentum that pushed it to highs of $33 in late 2025.

From a technical perspective, AVAX’s daily chart shows the token under short-term pressure.

The Relative Strength Index (RSI) has edged lower toward neutral territory, signaling that momentum has weakened following the recent retracement.

Avalanche Price Chart Avalanche price chart by TradingView

Key support levels to monitor include $9.00 and $8.30, which align with recent intraday lows.

A deeper support band lies near $7.40, a level that would be tested if broader risk-off selling intensifies.

On the upside, resistance could emerge around $10.40, where sellers previously capped rallies.

The $12 area offers a more significant barrier tied to moving-average confluence and prior supply.

What’s the near-term outlook?

In the near term, AVAX’s direction is likely to remain correlated with BTC price action and institutional flows into Avalanche’s RWA products.

Renewed buyer interest, particularly if institutional subscriptions continue, could propel a recovery toward resistance.

Conversely, a sustained crypto-wide pullback would increase downside risk and test the supports outlined above.

The post Avalanche hits RWA milestone as AVAX price holds key level appeared first on CoinJournal.

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