Blockchain

AVAX price jumps 10% amid $1 billion treasury asset move

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  • Avalanche’s price rose to around $29.82 on Thursday, riding bullish news for the 10% uptick.
  • This comes amid Avalanche Foundation’s plans for a $1 billion AVAX treasury strategy.
  • AVAX is among several cryptocurrencies also on the list of expected crypto ETFs.

The Avalanche blockchain’s native token AVAX has surged nearly 10% following news of a significant financial maneuver by the Avalanche Foundation. 

On Thursday, AVAX price jumped to highs of $29.82, with daily volume rising more than 73%.

The uptick followed news that the Avalanche Foundation is poised to raise $1 billion to establish an AVAX treasury reserve.

Avalanche price gains amid $1 billion AVAX treasury

The Avalanche Foundation, the non-profit organization driving the Avalanche blockchain, is in advanced talks to establish two U.S.-based digital asset treasury companies aimed at amassing AVAX tokens. 

According to the Financial Times, sources familiar with the matter say these initiatives are expected to raise approximately $1 billion.

The deals aimed at this initiative are nearing completion, likely in the coming weeks.

The entity will use these 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 in a Nasdaq-listed company, with guidance from crypto investor Anthony Scaramucci.

Meanwhile, the second will involve converting an existing company into a similar treasury vehicle, also targeting $500 million.

Plans for a $1 billion AVAX treasury move come as Avalanche sees a huge increase across stablecoins and real-world assets.

For instance, Avalanche’s stablecoin market cap has increased by 58% to over $2.2 billion over the quarter. Elsewhere, RWAs are up by nearly 90% over the past month.

AVAX’s price rose amid the market’s reaction to the news, reaching above $29 and opening up a potential path for upward continuation by bulls.

What’s the outlook for AVAX price?

The recent price surge underscores renewed investor interest in Avalanche, particularly as it competes with blockchains like Ethereum and Solana, whose tokens have benefited from similar treasury stockpiling trends. 

Onchain data shows crypto treasury companies have raised over $16 billion in 2025 to ramp up their treasury strategies.

As the growing appetite for such investments rises, coins like AVAX could benefit. Tokenization is another big move.

AVAX is also one of the crypto tokens with ETF applications before the SEC. Market conditions and these factors could stabilize Avalanche’s price and allow it to rise alongside other cryptocurrencies.

AVAX price chart by CoinMarketCap

In this case, AVAX could see sustained upward pressure, potentially testing the $40–$45 range.

However, market sentiment and regulatory developments will play a pivotal role. These factors can determine whether AVAX can maintain its gains or face resistance amid broader crypto market fluctuations.

The post AVAX price jumps 10% amid $1 billion treasury asset move appeared first on CoinJournal.

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