The Avalanche Foundation has officially launched a Distributed Ledger Technology (DLT) Foundation in the Abu Dhabi Global Market (ADGM), further cementing its growingThe Avalanche Foundation has officially launched a Distributed Ledger Technology (DLT) Foundation in the Abu Dhabi Global Market (ADGM), further cementing its growing

Avalanche Foundation Launches DLT Hub: Could it Boost the AVAX to $86

2025/12/12 06:00
  • Avalanche Foundation launched a DLT Foundation in Abu Dhabi’s ADGM to strengthen its Middle East presence.
  • AVAX technicals show a cooling phase, with volatility rising and support near the $9.81 lower Bollinger Band.
  • A confirmed breakout could push AVAX toward the $86 target based on historical resistance and Fibonacci levels.

The Avalanche Foundation has officially launched a Distributed Ledger Technology (DLT) Foundation in the Abu Dhabi Global Market (ADGM), further cementing its growing presence in the Middle East. The foundation will enhance Avalanche’s regional partnerships and ecosystem development programs and drive blockchain adoption in key sectors.

By establishing this base, Avalanche aims to deepen collaboration with regional institutions, builders, and partners, offering resources to support the integration of decentralized technologies. This move highlights the Foundation’s dedication to responsible expansion in the Middle East, contributing to the region’s rise as a leader in blockchain adoption and innovation.

Also Read: Avalanche (AVAX) 2025 Price Prediction: Analysts Eye a Potential December Rebound

Avalanche (AVAX) Technicals Suggests a Cooling Phase

Technically, the Avalanche weekly chart depicts that this token oscillates between a peak of $38 and a low of $8, with the current market value being $13.08, which, moreover, suggests a drastic fall. Bollinger Bands project a high level of market volatility, with a lower band of $9.81, which can be a potential support point for this token.

Source: TradingView

The Relative Strength Index (RSI) stands at 35.16, which suggests that it’s in a possible oversold area but has not reached the standard 30 yet. The RSI has also been showing a declining trend, pointing towards a bearish momentum. If it settles around the lower line, it would offer a potential buy point.

AVAX Could Surge to $86 Channel Breakout Occurs

Moreover, the crypto analyst, Don, revealed that AVAX has been in a descending channel, indicative of a downward trend due to decreasing highs and decreasing lows. Market players are waiting for a breakout above the upper line of this trend, which would help confirm a reversal in this bearish market. A breakout would facilitate a change in market sentiment, which could result in a rise.

Source: Don

A break above this important resistance level will see analysts targeting $86, which is anchored on both historical data and Fibonacci retracement values. This major resistance level has seen challenging price actions in the past. Upon breaking above this resistance, $86 will serve as a resistance level that will facilitate further price movements.

Also Read: Avalanche (AVAX) Eyes $20 Zone After ETF Boost and Technical Breakout

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The post VanEck Targets Stablecoins & Next-Gen ICOs appeared on BitcoinEthereumNews.com. Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee because the firms shaping crypto’s future are not just building products, but also trying to reshape how capital flows. Crypto News of the Day: VanEck Maps Next Frontier of Crypto Venture Investing VanEck, a Wall Street player known for financial “firsts,” is pushing that legacy into Web3. The firsts include pioneering US gold funds and launching one of the earliest spot Bitcoin ETFs. Sponsored Sponsored “Financial instruments have always been a kind of tokenization. From seashells to traveler’s checks, from relational databases to today’s on-chain assets. You could even joke that VanEck’s first gold mutual funds were the original ‘tokenized gold,’” Juan C. Lopez, General Partner at VanEck Ventures, told BeInCrypto. That same instinct drives the firm’s venture bets. Lopez said VanEck goes beyond writing checks and brings the full weight of the firm. This extends from regulatory proximity to product experiments to founders building the next phase of crypto infrastructure. Asked about key investment priorities, Lopez highlighted stablecoins. “We care deeply about three questions: How do we accelerate stablecoin ubiquity? What will users want to do with them once highly distributed? And what net new assets can we construct now that we have sophisticated market infrastructure?” Lopez added. However, VanEck is not limiting itself to the hottest narrative, acknowledging that decentralized finance (DeFi) is having a renaissance. The VanEck executive also noted that success will depend on new approaches to identity and programmable compliance layered on public blockchains. Backing Legion With A New Model for ICOs Sponsored Sponsored That compliance-first angle explains VanEck Ventures’ recent co-lead of Legion’s $5 million seed round alongside Brevan Howard. Legion aims to reinvent token fundraising by making early-stage access…
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BitcoinEthereumNews2025/09/18 03:52