Bearish
Avalanche's AVAX token drops 8% post-Helicon upgrade amid Wall Street testing
In the past 24 hours, Avalanche's AVAX token experienced an 8% decline following the Helicon upgrade, which reduced the minimum staking period from 14 days to 48 hours, allowing quicker liquidation. Additionally, the Intercontinental Exchange (ICE) has been testing Avalanche for 24/7 tokenized stock trading but has yet to commit, leading to market uncertainty.
Key points
- Helicon Upgrade Reduces Staking Period: The Helicon upgrade decreased the minimum staking period from 14 days to 48 hours, enabling faster liquidation and contributing to an 8% price drop.
- ICE Testing Avalanche for 24/7 Trading: ICE has been testing Avalanche for 24/7 tokenized stock trading but has not yet committed, leading to market uncertainty.
- Paxos Integrates Avalanche: Paxos added Avalanche to its regulated infrastructure, expanding AVAX access to over 650 institutions and 470 million users.
- Janus Henderson Becomes Validator: Asset manager Janus Henderson has become a validator on Avalanche, strengthening its commitment to tokenized finance and on-chain credit.
Sources
- Wall Street Tests Avalanche for 24/7 Tokenized Trading: AVAX Drops 8% After Major Upgrade24/7 Wall St. · September 25, 2026
- Paxos Integrates Avalanche, Expanding AVAX Access to 650+ InstitutionsKuCoin · September 17, 2026
- Avalanche: Janus Henderson becomes a network validator - 16 Sep 2026TradingView News · September 16, 2026
AI-generated from public news sources. Not financial advice.
