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Avalanche (AVAX) is gaining momentum as it approaches a critical resistance zone near $28, fueled by strategic partnerships and strong technical indicators. The blockchain platform has announced collaborations with Toyota and WeBlock to expand real-world asset tokenization and mobility infrastructure. Bullish derivatives data and a Golden Cross formation suggest further upside potential.
- AVAX open interest hits record $1.07B, signaling strong derivatives trader confidence.
- Toyota partnership aims to develop blockchain-based Mobility Open Network (MON) for transport.
- WeBlock collaboration introduces RWA tokenization and stablecoin pilot in South Korea.
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Other Tags: Ava Labs, Blockchain