AVAX Price Jumps 7% as NYSE Taps Avalanche for Stock Settlement

The agreement places Avalanche infrastructure inside a proposed U.S. equities trading system, rather than merely hosting tokenized assets. However, the platform still faces regulatory requirements, and the announcement disclosed no direct revenue projections or token purchases. CoinGecko’s Nov. 9 market screen showed AVAX near $8.76, with a daily trading range of $7.82 to $8.85. That range captured the token’s reaction following Ava Labs’ announcement, although it did not establish a lasting repricing. The same dataset placed Avalanche’s market capitalization near $3.90 billion and reported roughly $362 million in trading volume.