Driven by news of a partnership with the New York Stock Exchange, AVAX has risen nearly 10% and is currently trading at $8.78.

November 9 - According to HTX market data, driven by reports that "the New York Stock Exchange will settle tokenized stocks on the Avalanche blockchain," AVAX has continued to rise, currently trading at approximately $8.78, up over 9.5% since the news was released, with an intraday high of approximately $8.88.

On the news front, Bloomberg reported on the same day that the NYSE will settle tokenized stocks on Avalanche; Avalanche's official blog stated that it will become the core ledger technology provider for the clearing process of the NYSE-affiliated tokenized securities platform, and Dennis Lee, head of digital issuance at the NYSE, also publicly acknowledged its performance and controllability requirements.