News linked to both this project and an event.
On-chain data shows that Avalanche (AVAX) currently has approximately $204.77 million worth of tokens staked, accounting for about 43% of the circulating supply, with a large amount of holdings locked. Meanwhile, according to CryptoQuant data, whale investors are adding positions simultaneously in the spot and futures markets, positioning in advance without waiting for breakout confirmation. Technically, AVAX is currently consolidating near the apex of the pennant pattern at $6.46, and the Stochastic RSI has not yet touched the oversold zone. According to the CoinGlass liquidation heatmap, over $1 million in liquidity is clustered near the $6.90 price level, becoming the next key target price for bulls.
Odaily News Bitwise released its "Q3 2026 Staking Report," showing that 40.2 million ETH has now been staked, accounting for 33% of the total ETH supply, a new all-time high. The increase in staking this year has primarily come from institutions, including staking ETFs, corporate treasuries, and other large holders. The report also indicates that the staking rates for the networks covered by Bitwise remain high, with Solana at 68%, Near at 45%, Hyperliquid at 44%, and Avalanche at 41%.Additionally, Ethereum’s throughput increased by 73% year-over-year, while Avalanche’s transaction volume reached four times that of the same period last year. Recently, Coinbase and Circle also staked 500,000 HYPE each on Hyperliquid, signaling that institutional staking is expanding to more emerging PoS networks.