AVAX gained nearly 7% over the past 24 hours, briefly tapping $6.92 before pulling back to $6.79. Securitize has distributed $976 million in asset value on Avalanche, a 123% increase over the past 30 days. The network’s stablecoin market cap currently stands near $1.5 billion. Progmat, Japan’s largest security token platform, migrated to Avalanche bringing more than $2.7 billion in tokenized assets. The token is currently trading within a long-term demand zone between $6.4 and $7.5.
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