The NYSE selected Avalanche as its core ledger technology for a tokenized securities platform designed to support 24/7 trading, clearing and settlement, subject to regulatory approval. The decision followed roughly one year of testing covering performance, reliability and control, strengthening Avalanche’s institutional credibility. AVAX rose 3.6% over one day to $8.64. However, the NYSE will use dedicated Avalanche infrastructure rather than the public C-Chain, so the announcement does not necessarily translate into greater public-chain activity or sustained token appreciation. The key question is whether Avalanche can capture value through stablecoins, validator activity, network fees or other mechanisms that have yet to be detailed.
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