In this week's edition of The Protocol Newsletter, we're looking at how FIFA is using the Avalanche blockchain to test out a new ticketing system.
The Electric Capital report records a total of 484 developers on Avalanche, falling behind competing networks like Solana and Sui. The price of AVAX experienced a decline of over 26% in the last month and accumulates a drop of 76% compared to its September 2026 high.
Ash Wallet expands its presence within the Avalanche ecosystem and now supports the C-Chain on mainnet, becoming a unified interface for interacting with Safe wallets on that network as well as on Avalanche's L1s. The announcement was made by the Suzaku team, the infrastructure arm behind the project, which operates under the Ash Wallet brand.
Throughout much of 2026, Avalanche has experienced persistent downward pressure. However, a major partnership with soccer's governing body and emerging technical patterns are generating renewed interest in the digital asset.
Rain's loyalty platform on Avalanche Card could redefine stablecoin spending by bridging crypto and traditional rewards, impacting user adoption. Rain Rewards launches loyalty platform on Avalanche Card, bringing cash back and travel perks to stablecoin spending.
What happened It was a rough first day. Avalanche Treasury Co., ticker AVAT, opened on the Nasdaq at $2.
Avalanche Treasury Co. debuted on Nasdaq while pitching a long-term ecosystem investment strategy tied to institutional blockchain infrastructure.
AVAX Treasury Stock (AVAT) Crashes 38% on Nasdaq Debut
Dinari's dShares could revolutionize global equity access, but evolving regulations may pose challenges for international investors. Dinari launches dShares on Avalanche C-Chain for 24/7 US market access.
Avalanche Treasury Co. (NASDAQ: AVAT) experienced a difficult start on the public market, with its stock price plunging approximately 38% to $1.85 during its first day of trading on Thursday. The company entered the Nasdaq through a $675 million merger with Mountain Lake Acquisition Corp., a special-purpose acquisition company (SPAC).
Avalanche Treasury Co. (Nasdaq: AVAT) posted a drop of 38.13% on its first day of trading, closing at $1.85 from an initial price of $2.99 on June 11.
Avalanche Treasury Co. shares fell more than 38% during their first day of trading on Nasdaq.