Kenya now uses Avalanche to secure over 30 million academic records. The Kenya National Examinations Council, responsible for national exams, relies on crypto blockchain to make certificates verifiable and much harder to forge.
Kenya's move to adopt the Avalanche blockchain to prevent academic certificate forgery is evidence that AVAX is gaining confidence among institutions.
Avalanche is gaining a stronger role in the race to bring traditional equities on-chain.
The blockchain's tokenized-stock market capitalization rose by $246 million, with Securitize driving the increase.
AVAX was down 3.75% over 24 hours. Long liquidations totaled $800,000 across three exchanges during the hour.
Pharaoh Exchange's record performance on Avalanche highlights the growing influence and potential profitability of decentralized finance platforms. Pharaoh Exchange posts record monthly volume and fees on Avalanche.
Shares of AVAX One (AVX) experienced significant volatility Thursday following the company's announcement of additional share repurchase activity. While the stock climbed approximately 1.7% during pre-market hours, it reversed course during regular trading, declining around 6%.
The upgrade separates consensus from transaction execution, shortens validator staking requirements and introduces a validator-governed gas-price floor.
Avalanche's Helicon upgrade enhances network efficiency and flexibility, potentially attracting more developers and validators while increasing operational demands. Avalanche activates Helicon upgrade, claims up to 100x faster block verification.
The decline was recorded at 10:28 a.m. ET (14:28 UTC) on Sept.
Tokenized stocks now represent a $3.6 billion market across 4,555 assets, but the latest growth is dividing sharply between institutional capital and retail activity. Avalanche Leads Tokenized Stock Growth as Solana Wins New Users Tokenized equities are starting to reveal two very different growth stories.
Avalanche's rapid RWA growth highlights a shift in financial asset tokenization, but reliance on Securitize poses potential concentration risks. Avalanche leads all chains with $266M RWA market cap growth in 30 days.