Avalanche's AVAX climbs 49.7% in four weeks, outpacing Bitcoin and Ether
In brief
- AVAX climbed 49.7% over four weeks, beating Bitcoin and Ether, according to The Defiant.
- AVAX traded between $10.85 and $10.95 on October 11, near a $4.8 billion market cap.
- Avalanche's Helicon upgrade went live on mainnet on September 22, 2026.
- $266 million in RWA market cap was added in 30 days, Crypto Briefing reported.
- AVAX remains roughly 92% below its November 2021 all-time high of around $145.
From $7 to $11
It's a big move on paper. In mid-September 2026, AVAX traded in a range of roughly $7.20 to $7.50, and by the October 3 to 11 window it had moved to around $10.80 to $11.00, per Crypto Briefing's figures.
The longer view looks different, though. Even after the climb, AVAX remains approximately 92% below its all-time high of around $145, which it set in November 2021.
Helicon goes live
Crypto Briefing pointed to two catalysts behind the run (that's the outlet's read, not a measured cause and effect). The first was the Helicon upgrade, which went live on Avalanche's mainnet on September 22, 2026. Its promoters pitched it as a performance boost, claiming block verification would run up to 100 times faster.
That's not all it changed. The upgrade also shortened staking periods for people locking up AVAX to help secure the network, and it included changes intended to reduce AVAX issuance over time.
Tokenized assets on Avalanche
The second catalyst, per Crypto Briefing, was real-world assets (RWAs). These are traditional financial instruments, such as stocks or funds, represented as tokens on a blockchain so they can be traded and settled onchain.
In the 30 days through September 29, Avalanche added $266 million in RWA market capitalization, according to Crypto Briefing, which didn't name a data provider. The outlet called it the largest 30-day gain among tracked chains, and more than the combined growth of its closest competitors. It also reported that inflows into tokenized stocks on the network reached $131.2 million in the week before those RWA figures came out.
Crypto Briefing listed a few other reported developments too: integrations involving Goldman Sachs, tokenized-asset testing tied to ICE and the New York Stock Exchange, and discussion of exchange-traded fund inflows into AVAX products. It didn't describe any of them as confirmed partnerships or give measured flow figures.
Frequently asked questions
What did Avalanche's Helicon upgrade change?
Helicon went live on Avalanche's mainnet on September 22, 2026. Its promoters claimed block verification would run up to 100 times faster. The upgrade also shortened staking periods for AVAX stakers who help secure the network and included changes intended to reduce AVAX issuance over time.
What are real-world assets on a blockchain?
Real-world assets are traditional financial instruments, such as stocks or funds, represented as tokens on a blockchain so they can be traded and settled onchain. Crypto Briefing reported that Avalanche added $266 million in RWA market capitalization in the 30 days through September 29.


