Avalanche's RWA Growth Surges $266M in 30 Days
Avalanche's RWA market cap added $266 million in just 30 days, outpacing the next two chains combined. The AVAX price has gained 53.70% over the past month, according to TradingView.
The network reports that institutional assets are increasingly moving onchain through Avalanche, with tokenized financial products being launched on the platform. New York Life Investment Management and Midas have both introduced tokenized funds and investment strategies, respectively, which expand access to Avalanche-native USDC and AVAX.
While the latest RWA data provides a different backdrop for the Avalanche price rally, it is clear that the network's growth story is increasingly about assets that do not originate with AVAX itself. The next question for the token is whether it can sustain its recovery after such a rapid monthly advance.