Avalanche Drops 8.5% After Helicon Network Upgrade

Avalanche's price dropped by around 8.5% after the Helicon network upgrade, which aimed to boost staking flexibility and network incentives.

The upgrade was activated on September 22, 2026, and included improvements such as shortened staking lock-up periods and increased economic incentives for institutional participants.

New institutional investment products from Wellington and Fasanara were also launched in support of the upgrade, with Bybit confirming their support for the v1.15.0 network upgrade to ensure trading continuity.

The current price of AVAX is $10.34, with a 5-day projected range of $8.18 to $14.42 and a 64% probability of an upward move according to technical analysis.