Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124

The price of Avalanche (AVAX) has dropped below $10 as cryptocurrencies face selling pressure.
AVAX may extend its decline to below $9, but is the announcement that Animoca Brands has partnered with Ava Labs to help expand adoption in the Middle East and Asia bullish for the brand?
Animoca Brands is one of the most environmentally conscious organizations on the web3, boasting a worldwide presence especially in the East.
The to announce which was shared today, March 19, revealed that Animoca has signed a technical agreement with Ava Labs, a company focused on advancing the Avalanche blockchain ecosystem.
Although Animoca Brands has not disclosed the investment, its management has said that the investment is significant.
Its focus will be on investing in projects developed by AVAX, as well as supporting product integration and providing consulting services.
The Ava Labs team recognized that Animoca brings more than 600 investments and deep expertise in global virtual reality, gaming, and digital experience.
With this partnership, Ava Labs will expand its growth in Asia and the Middle East.
“Avalanche integrates a scalable architecture that is compatible with EVM, which makes it suitable for deployment in independent and corporate environments – areas where we see the greatest demand worldwide,” said Omar Elassar, Animoca’s head of international cooperation and managing director in the Middle East.
Avalanche (AVAX) ranks 22nd among the largest cryptocurrencies in the market, with a value of $4 billion as of March 19, 2026.
However, the network-1 network remains much smaller than the leading altcoins in terms of overall market size and ecosystem.
The data shows that Avalanche has large financial chains and real-world asset (RWA) implementation.
According to RWA.xyz, the value of the assets being used on Avalanche is about $1.3 billion, compared to $15.7 billion on Ethereum.
Similarly, Avalanche’s DeFi closed value (TVL) is around $1.9 billion, below Ethereum’s $136 billion and more than $18 billion recorded on Solana.
Despite these differences, online money management systems are showing signs of growth.
The support of Animoca Brands can support growth, while the AVAX brand can benefit from increased integration and adoption of natural resources.
AVAX trades at around $9.41, down 3% in the last 24 hours.
From a technical point of view, AVAX is trading in a broad trend, where prices are forced within strengthening Bollinger Bands.

Currently, AVAX is near the technical middle line after a recent rejection from the top tier.
Meanwhile, the relative strength index (RSI) has moved lower and is hovering around 48 as bulls are in danger of losing neutrality.
However, even though salespeople are showing determination, they are not in control.
If AVAX is above $9, a larger recovery could allow for a break above $10 and a short-term exercise for the year up to $15.
On the downside, failure to defend support zones could drag AVAX down to $8.20.