NYSE Tests Avalanche Blockchain for Tokenized Stocks
Avalanche (AVAX)
Editor:
Eugene Serbin
Cryptocurrency.com.tr reports that the New York Stock Exchange has spent approximately one year testing Avalanche blockchain technology for plans involving tokenized U.S. stocks and exchange-traded funds. Ava Labs President Charley Cooper disclosed this testing activity during the Avalanche Summit in New York on Thursday. He stated that the NYSE is working on these tokenization initiatives behind the scenes. The disclosure highlights that the broader tokenization race is officially heating up.
How the market reacted
Whalio's own Binance spot order flow for AVAX, measured when this story was written up on 19 September 2026. Not the outlet's figures.
AVAX is trading at $8.20 on Binance spot markets with a 24-hour buy ratio of 50.1%, indicating a near-even split between buyers and sellers. The 1-hour buy ratio is 51.2%, suggesting a slight short-term shift toward buying, while the 4-hour ratio sits at 49.7%, showing a marginal dip in recent hours. Volume delta data reveals mixed momentum, with a positive +$105,972 in the last hour contrasting against a negative -$119,123 over the past four hours. The cumulative volume delta for the 24-hour period is -$375,065, meaning sellers have outweighed buyers over the full day. This indicates that despite brief buying interest, the overall flow has been net selling.
The latest daily buy ratio of 49.4% sits at the 51st percentile of the last 324 days, against a median of 49.3% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for AVAX, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 47.0%, making the current 24-hour ratio of 50.1% an unusual day with a +3.0 point increase in buying pressure. Spot volume has surged to $47,072,441, which is 2.71 times the weekly average, signaling significantly higher activity than usual. However, the 8-day volume delta total is -$6,955,573, showing that net selling has dominated the week despite the price rising 9.9% over eight days. With zero days of net buying recorded in the weekly data, this day stands out as a rare instance of balanced flow amidst a trend of net outflows.