- Avalanche’s price rallied on Thursday to about $29.82, climbing roughly 10% on bullish news.
- The move followed reports that the Avalanche Foundation is preparing a $1 billion AVAX treasury strategy.
- AVAX is also among several cryptocurrencies expected to be considered for crypto ETF listings.
AVAX, the native token of the Avalanche blockchain, jumped nearly 10% after news of a major financial initiative led by the Avalanche Foundation.
On Thursday, AVAX surged to a high of $29.82 and one-day trading volume rose by more than 73%.
The rally followed reports that the Avalanche Foundation is lining up about $1 billion to create AVAX financial reserves.
$1 billion AVAX treasury plan drives Avalanche higher
The Avalanche Foundation, a non-profit organization that supports the Avalanche blockchain, is reportedly negotiating to establish two U.S.-based digital asset finance vehicles aimed at accumulating AVAX tokens.
According to people familiar with the matter cited by the Financial Times, those efforts are expected to raise roughly $1 billion.
The deals aimed at building this treasury are likely to move toward completion in the coming weeks.
The foundation plans to use the funds to purchase millions of AVAX tokens directly from the foundation at discounted rates.
The first transaction, led by Highbrow Capital and guided by crypto investor Anthony Scaramucci, would seek up to $500 million through private placements in Nasdaq-listed companies.
The second vehicle would convert an existing company into a similar financial instrument, with a target of $500 million as well.
The $1 billion AVAX treasury initiative comes as Avalanche sees notable growth across stablecoins and real-world assets on its network.
For example, Avalanche’s stablecoin market capitalization rose 58% this quarter to more than $2.2 billion, while activity tied to real-world assets (RWA) has climbed nearly 90% over the past month in some areas.
Market reaction to the news pushed the AVAX price above $29, opening the possibility of further upside driven by bullish momentum.
What is the outlook for the AVAX price?
The recent price surge highlights renewed investor interest in Avalanche, especially as it competes with other blockchains such as Ethereum and Solana that have pursued similar treasury accumulation strategies.
On-chain data indicate crypto finance firms raised more than $16 billion in 2025 to build out treasury strategies, reflecting growing institutional appetite for token-backed reserves.
As demand for such investment structures increases, tokens like AVAX could benefit. Tokenization initiatives are also adding momentum to ecosystem growth.
AVAX is one of the crypto tokens for which ETF applications have been filed with the SEC. Combined with favorable market conditions and other supportive factors, this could help stabilize Avalanche’s price and support gains alongside other major cryptocurrencies.
AVAX price chart from CoinMarketCap
If buying pressure persists, AVAX could test the $40–$45 range.
However, market sentiment and regulatory developments will play a critical role. These factors will determine whether AVAX can sustain gains or face resistance amid broader cryptocurrency market volatility.