Avalanche Firms Up on Institutional Interest in Tokenized Infrastructure

• • Avalanche is firming up after reports that Intercontinental Exchange, NYSE's parent, is evaluating its network as the basis for a 24/7 tokenized trading platform.
• • This kind of institutional interest is a meaningfully strong fundamental catalyst for a Layer-1 network already known for its subnet technology.

Avalanche is a Layer-1 network with subnet technology that lets institutions run custom blockchains, making it a technically relevant candidate for what ICE/NYSE needs. Longer-term technical drivers: the 200-day moving average at $8.13, MA100 at $8.86, MA50 at $9.91, all buy signals reflecting an uptrend that was already underway before this catalyst. The first target is $10.60 (Rp188,680), about 3.0 percent above entry, within 3 days, with a second target at $10.91 (Rp194,198), around 6.0 percent above entry, if the ICE catalyst keeps being confirmed by media.

Given the price is still moving fast after the news, checking the live order book price on Mobee before execution is advisable. This scenario is void if price breaks below the 50-day moving average at $9.90 (Rp176,220).