Driven by Progmat's launch of Avalanche L1 dedicated services with built-in privacy features, over $2 billion in real-world assets (RWA) are about to migrate to the Avalanche ecosystem, causing Avalanche's AVAX index to surge by 10%. The influx of institutional users, along with an 18% increase in open interest to $200 million and a technical wedge breakout, further boosts the bullish momentum. The $15 liquidity zone will become the next key target.

AVAX-5,15%

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