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Avalanche Jumps 27% After Bitwise ETF Application

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Avalanche (AVAX) is experiencing quite a price surge, while the larger crypto market consolidates after the recent correction. According to CoinGecko statistics, AVAX’s price has surged 7.3% in the daily charts, 17.9% in the weekly charts, 27.9% in the 14-day charts, and 24.4% over the previous month. AVAX’s price seems to be moving contrary to Bitcoin (BTC), which seems to be plateauing at the $115,000 mark. Avalanche’s (AVAX) latest upswing follows Bitwise’s recent S1 application to the SEC for a spot ETF. Source: CoinGecko Will Avalanche Hit a New All-Time High Amid Bitwise’s ETF Application? Source: Securehindi ETFs have played a vital role in the current crypto market cycle. Bitcoin (BTC) has hit multiple all-time highs after the SEC approved 11 spot ETFs last year. Ethereum (ETH) also hit a new all-time high earlier this year, thanks to corporate treasuries and ETF inflows. A similar pattern could emerge for Avalanche (AVAX) as well, if the SEC approv...

Wyoming’s Frontier stable token (FRNT) launches on Avalanche, becoming the first state-issued stablecoin 

According to a new announcement made at SALT’s Wyoming Blockchain Symposium on August 19, 2025, Wyoming has launched the Frontier Stable Token (FRNT), becoming the first U.S. state to issue a production-grade stablecoin that can be used for everyday transactions through Rain’s Visa-integrated card platform. The Wyoming Stable Token Commission, collaborating with Avalanche (AVAX) and Rain, unveiled the mainnet launch of FRNT, marking the first use case of a government-issued digital asset on a public blockchain.  America’s first state-issued stablecoin is here. FRNT, formerly known as WYST, is now live on Avalanche and will soon be spendable through @raincards' Visa-integrated platform. Programmable money is becoming real-world money. Here’s why it matters pic.twitter.com/AjpRl2kFA9 — Avalanche (@avax) August 19, 2025 FRNT regulatory framework and infrastructure Mandated by the Wyoming Stable Token Act, FRNT operates as a fully-collatera...

Core Mobile now supports Avalanche staking

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Users can now use Core Mobile to stake AVAX and participate in network consensus on Avalanche, earning rewards.  In a press release shared exclusively with crypto.news, Core Mobile is the smartphone version of the popular Core wallet application.  Available on the Google Play and iOS App Store, Core Mobile allows users to explore blockchains, including Bitcoin, Ethereum, and Avalanche. The wallet also supports decentralized finance (defi) and staking native assets. This setup is convenient and easy, allowing users to keep tabs on staking progress on the go. Exploring Core To stake on Avalanche, users must download and set up the Core Mobile wallet on their phone.  After creating an account and adding a secondary authentication method, it is necessary to have at least 25 AVAX in the wallet an...