Avalanche price holds near $9.70 as U.S. ‘digital commodity’ ruling meets subnet growth

Avalanche (AVAX) price remains stable around $9.70 despite positive fundamental developments including U.S. regulatory recognition as a 'digital commodity', network upgrades to fees and subnets, and growing real-world asset (RWA) and ETF activity. The price action appears disconnected from improving fundamentals as technical momentum remains stalled.

• →AVAX price is consolidating near $9.70 level amid mixed technical signals
• →U.S. regulators have provided clarity by labeling Avalanche as a 'digital commodity'
• →Network improvements include fee structure and subnet upgrades enhancing functionality
• →Growing activity in real-world assets (RWA) and ETF sectors on Avalanche ecosystem
• →Fundamental improvements have not yet translated to price momentum for AVAX