Avalanche’s AVAX token trades near $11.211 after a two-day surge from about $8 to $11.796, holding above the $10.526-$10.53 zone that had capped recovery attempts since June. The move pushed price above its weekly Bull Market Support Band (long-term trend support), defined by the 20-week SMA at $7.586 and the 21-week EMA at $8.393, while all four daily EMAs remain below price in a bullish configuration. Weekly RSI (momentum indicator) rose to 61.63 from below 40 several weeks earlier, marking the sharpest shift on that timeframe in more than a year. AVAX has gained more than 54% this month, although trader Michaël van de Poppe called the short-term move overstretched after accumulating near $6.50 and trimming part of his position. The broader outlook remains bullish if AVAX holds $10.526, with a possible move toward $13; a breakdown could expose the 200-day EMA at $8.653 and then the weekly support band. Separately, Ava Labs President Charley Cooper said NYSE has spent the past year testing Avalanche technology and working with Ava Labs, but he did not confirm a blockchain selection. ICE executive Michael Blaugrund said the firm remains "very engaged" in evaluating blockchain platforms and that "Avalanche checks a lot of those boxes." The SEC (U.S. securities regulator) also released an innovation exemption allowing certain onchain trading of tokenized stocks, according to the source.