- Avalanche’s price climbed to about $29.82 on Thursday, riding a roughly 10% surge on the back of positive news.
- This comes as the Avalanche Foundation advances plans for a $1 billion AVAX treasury strategy.
- AVAX is also among the cryptocurrencies expected to be included in upcoming crypto ETF listings.
Avalanche’s native token, AVAX, rallied nearly 10% after reports that the Avalanche Foundation is pursuing a significant treasury initiative. On Thursday, AVAX jumped to a session high of $29.82 while daily trading volume surged by more than 73%.
The uptick followed reports that the Avalanche Foundation is preparing to raise around $1 billion to establish an AVAX treasury reserve.
Avalanche price rises amid $1 billion AVAX treasury plan
The Avalanche Foundation, a non-profit organization that supports the Avalanche blockchain, is reportedly in advanced talks to form two U.S.-based digital asset treasury vehicles intended to accumulate AVAX tokens.
According to sources cited by the Financial Times, the initiatives are expected to raise roughly $1 billion.
Agreements related to these moves are reportedly in the final stages and could be completed in the coming weeks.
The community plans to use the funds to purchase millions of AVAX tokens at a discounted rate directly from the foundation.
The first deal, led by Hivemind Capital, aims to secure up to $500 million through a private investment vehicle linked to a Nasdaq-listed company overseen by crypto investor Anthony Scaramucci.
A second arrangement would convert an existing company into a similar treasury management vehicle, also targeting roughly $500 million.
These $1 billion treasury plans arrive as Avalanche experiences notable growth across stablecoins and real-world asset activity. For example, Avalanche’s stablecoin market capitalization grew 58% to more than $2.2 billion over the quarter, while other risk-weighted assets have risen nearly 90% in the past month.
Market reaction to the news pushed AVAX above $29 and opened a potential path for a bullish continuation.
What are the price outlook and drivers for AVAX?
The recent rally underscores renewed investor interest in Avalanche, particularly as it competes with blockchains like Ethereum and Solana whose tokens have benefited from similar treasury and institutional custody trends.
On-chain data indicate that crypto treasury vehicles have raised more than $16 billion in 2025 to strengthen their treasury management strategies. As demand for these instruments grows, tokens like AVAX could see further support. Tokenization initiatives are another potential catalyst.
AVAX is also among the tokens mentioned in ETF filings before the SEC, and a combination of favorable market conditions and these institutional developments could help stabilize and lift Avalanche’s price alongside broader cryptocurrency gains.
If momentum persists, AVAX could face continuous upward pressure and potentially test a $40–$45 range. However, market sentiment and regulatory developments will be decisive factors in whether AVAX can sustain gains or encounter resistance amid broader crypto market volatility.