Avalanche Becomes a Hub for Government and Institutional Tokenization — Here Is Why AVAX Still Lags 86% Below Its Peak

avalanahe has emerged as a central platform for the tokenization of various government and institutional assets, attracting significant interest and participation from both public and private sectors. Despite this promising development and the increasing adoption of its blockchain technology, its native cryptocurrency, AVAX, is still trading at a staggering 86% below its all-time high. This disparity raises questions about the underlying factors contributing to AVAX's current market performance and highlights the challenges the cryptocurrency faces in gaining broader investor confidence and traction in a competitive landscape. source: https://blocknews.com/avalanche-becomes-a-hub-for-government-and-institutional-tokenization-here-is-why-avax-still-lags-86-below-its-peak/