The native token of the Avalanche network, AVAX, recorded a 49.7% price increase over a four-week period. By October 11, 2026, the token was trading between $10.85 and $10.95, bringing the total market capitalization of the project to approximately $4.8 billion.
A primary driver for this growth was the Helicon mainnet upgrade, which launched on September 22, 2026. The update introduced faster block verification and reduced staking periods for network participants.
Additionally, the network saw a significant expansion in tokenized real-world assets. Between late August and September 29, 2026, Avalanche added $266 million in RWA market capitalization, including $131.2 million in tokenized stock inflows.
Institutional activity has also increased, with reports of integrations involving Goldman Sachs and testing conducted in collaboration with ICE and the New York Stock Exchange. Despite the recent rally, the current price remains about 92% below the November 2021 peak of $145.
