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Avalanche encryption news: Cumulative transaction count surpasses 3 billion, FIFA and $240 billion RWA project implemented.
Avalanche (AVAX) is a high-performance Layer 1 blockchain platform known for its unique Avalanche consensus mechanism and three-chain architecture (X-Chain, C-Chain, P-Chain). This design enables it to achieve sub-second transaction confirmation times, high throughput (over 6,500 TPS), and extremely low fees (median Gas fee around $0.001), addressing scalability issues while maintaining decentralization. Its Subnet technology allows developers or enterprises to build highly customized blockchains, balancing independence and security. Recently, the Avalanche network reached an important milestone—cumulative transaction volume surpassed 3 billion, highlighting its accelerated expansion in areas such as DeFi, gaming, and enterprise applications.
##Avalanche Ecosystem In the past month, the Avalanche ecosystem has welcomed several heavyweight collaborations. FIFA announced the adoption of Avalanche technology to build its exclusive Layer 1 blockchain, "FIFA Blockchain," which will migrate its NFT platform and revolutionize global fan interaction. At the same time, Bergen County in New Jersey has chosen Avalanche to tokenize its real estate contracts valued at $240 billion, expecting to enhance contract processing efficiency by 90% and reduce fraud risk. Institutional confidence has also significantly increased—Grayscale added AVAX to its list of top crypto assets in Q3, recognizing its user activity, stablecoin liquidity, and enterprise application potential.
AVAX Token Trend
As of July 1, the current AVAX price is approximately $17.5, having risen by 5% over the past week. Technical analysis indicates the formation of a bullish pattern, with short-term targets pointing to $19.20; a breakout above the resistance level of $18.30 could accelerate upward movement. More notably, on a macro level, a "double bottom" structure is forming: a strong support around $18, and if it can break through the neck line of $24 to $25, it may challenge the $50 high in the medium to long term. Inflows provide support—net inflows of $3.84 million in the last 24 hours reflect a sustained bullish sentiment.
##Future Outlook From the football empire to trillion-dollar real estate, from the underlying architecture to institutional capital, Avalanche is redefining the connection between Web3 and the real world with engineering-grade reliability and explosive ecological deployment.
Looking to the future, Avalanche's core strategy anchors on the tokenization of real-world assets (RWA) and the integration with Web2. Its subnet architecture continues to attract institutions (such as the California DMV for vehicle titles on-chain), while collaborations with Amazon AWS, Alibaba Cloud, and others will drive traditional enterprises to adopt blockchain. With trading volumes and development activities reaching new highs, coupled with the gradual improvement of compliance frameworks, Avalanche is upgrading from a "high-performance chain" to a multi-ecosystem platform supporting the real economy, gaining a competitive edge in the trillion-dollar RWA market.
Author: Blog Team *This content does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. *Please note that Gate may restrict or prohibit all or part of the services from restricted areas. Please read the user agreement for more information, link: