• Avalanche’s network has reached a new record high in distributed RWA value.
• Data shows over $1.16 billion on-chain, boosted by BlackRock.
• AVAX price looks to hold $9.00 support amid this ecosystem growth.

Avalanche price hovered $9.25 on Wednesday as bulls attempted to solidify the uptick from intraday lows of $9.10.

The declines had put AVAX price down about 4% in the past 24 hours amid wider market weakness, with most altcoins shedding gains after Bitcoin briefly slipped below $75,000.

While the pullback in BTC could continue to pressure altcoins, could AVAX bounce to above $10.00 as the project hits a new high in terms of distributed real-world assets?

Avalanche RWA ecosystem sees sharp growth

Latest data indicates that Avalanche’s RWA ecosystem has recorded fresh momentum this month, reaching a new milestone for distributed RWAs on-chain.

Distributed RWAs represent assets that use the network as a distribution layer to enable investors to subscribe, hold, and manage tokenized securities or instruments through wallets or custodians.

Rwa.xyz values Avalanche shared shows the metric has surpassed $1.16 billion, with the network posting roughly 58% growth in distributed RWA value over the past two weeks.

Much of the uptick to increased activity from large institutional issuers and managers, notably BlackRock’s additional allocations to its USD Institutional Digital Liquidity (BUIDL) Fund.

Such flows into Avalanche-based products have pushed capital onto the chain, attracted liquidity providers, and boosted ancillary services such as custody, compliance tooling, and secondary-market trading.

As a whole, these services make Avalanche an appealing distribution layer for tokenization projects.

Industry observers say the growth reflects a broader trend by which the global value of tokenized assets has expanded significantly over the last year as institutions race to capture efficiencies from programmable settlement and fractional ownership.

AVAX price outlook

The AVAX token has struggled to recapture the momentum that pushed it to highs of $33 in late 2025.

From a technical perspective, AVAX’s daily chart shows the token under short-term pressure.

The Relative Strength Index (RSI) has edged lower toward neutral territory, signaling that momentum has weakened following the recent retracement.

Key support levels to monitor include $9.00 and $8.30, which align with recent intraday lows.

A deeper support band lies near $7.40, a level that would be tested if broader risk-off selling intensifies.

On the upside, resistance could emerge around $10.40, where sellers previously capped rallies.

The $12 area offers a more significant barrier tied to moving-average confluence and prior supply.

What’s the near-term outlook?

In the near term, AVAX’s direction is likely to remain correlated with BTC price action and institutional flows into Avalanche’s RWA products.

Renewed buyer interest, particularly if institutional subscriptions continue, could propel a recovery toward resistance.

Conversely, a sustained crypto-wide pullback would increase downside risk and test the supports outlined above.

A forty-year-old Texas bank is stepping onto the national stage to challenge Wall Street’s push to get a grip on the digital asset industry.

United Texas Bank (UTB) secured approval from the Office of the Comptroller of the Currency (OCC) to convert from a state-chartered financial institution into a nationally chartered bank on May 15, Scott Beck, the president and CEO of the firm, told CoinDesk on Wednesday.

The conversion move, Beck added, is to position his crypto-friendly bank as the primary bridge between the cryptocurrency industry and traditional financial institutions and to provide digital asset services he said the UTB has years fully delivering, while “Wall Street continues to tiptoe.”

The conversion granted by the OCC came with two conditions that Beck said have now been met. “Those conditions were satisfied as of today, May 27,” he said. Since 2024, the UTB operated under a Consent Order with the Federal Reserve, which related to its Bank Secrecy Act and compliance infrastructure.

“Rather than viewing that as a setback, we treated it as a mandate to build something exceptional, and we did. The result is UTB PRISM SENTINAL, our proprietary BSA/AML compliance platform,” he said.

The milestone makes the UTB one of the first banks in the U.S. to successfully complete an OCC conversion since the passage of the Dodd-Frank Act 15 years ago, Beck added. He said the conversion also uniquely positions UTB as a bridge between crypto firms worldwide into the U.S. banking system, access that very few banks today are willing to give.

“The concept for United Texas Bank is a centralized value hub,” said the chair of UTB, a bank he himself said is unknown nationally, but widely sought out by crypto firms.

“If you’re a digital asset player, you can’t get an account at a Bank of America or a Citibank. You can come to United Texas Bank and basically have full access to the U.S. dollar,” he said, adding that his bank has been providing services to reputable crypto firms for about five years, handling over $120 billion in transactions for them yearly.

Standing with the giants

Beck explained that the strategic OCC conversion places the Dallas-based institution on par with money-center giants like Bank of America and JPMorgan Chase, granting it identical federal licensure, full trust powers and direct access to the Federal Reserve’s wire and ACH systems, while retaining the FDIC insurance it had.

However, unlike traditional Wall Street firms that are beginning to explore the crypto ecosystem, UTB already “underpins a massive chunk of global crypto liquidity, clearing $10 billion a month in U.S dollar volume for foreign banks, over-the-counter (OTC) desks and major exchanges.

UTB is not alone in the race for a competitive place within the growing crypto sector in the United States. Last week, Minnesota signed into law new rules allowing local banks to fight Wall Street for cryptocurrency profit. The state banks and credit unions joined forces with lawmakers to push legislation granting them authorization to provide crypto custody services to their clients.

For UTB, the conversion marks an ambitious operational pivot, Beck added. While crypto startups have spent years chasing limited, trust-only charters that bar them from the Federal Reserve’s payment rails, UTB’s national charter bypasses those restrictions entirely.

A U.S. first

“We are the first to move across to the national banking stage with full access to the Federal Reserve for wires and ACH,” Beck added.

By shifting away from the Texas Department of Banking and positioning itself directly under the OCC, UTB aligned its corporate structure with the executive branch of the federal government, shielding its clients from the fractured regulatory landscape that historically choked crypto firms, Beck said.

To capitalize further on its federal upgrade, the bank is launching UTB Atomic, an artificial intelligence-driven, real-time payment network engineered to bring back the round-the-clock liquidity infrastructure that collapsed when Silvergate and Signature Bank did.

In a 24/7 crypto market, traditional bank closures create massive settlement bottlenecks for institutional traders operating at 3:00 a.m.. UTB Atomic solves this by enabling instant, off-balance-sheet clearing between institutional clients while a parallel AI network, UTB Prism Sentinel, continuously conducts real-time blockchain surveillance to neutralize compliance risks, Beck explained.

“The biggest issue that faces the larger financial institutions is the ability to actually track what’s happening as the payments are coming through,” Beck said, adding that the system is purpose-built to navigate upcoming regulatory thresholds like the federal stablecoin frameworks under the GENIUS Act and Clarity Act.

With a comprehensive digital asset custody and full-service trust department slated to launch this summer, UTB aims to bridge traditional finance and crypto and positioning itself as the native financial plumbing for the next era of global commerce, Beck said.

Recently, the United Kingdom Foreign, Commonwealth, and Development Office (FCDO) sanctioned an entity called “Huobi Global S.A.” for its alleged role in “providing financial services” to firms that are “carrying on business in a sector of strategic significance to the Government of Russia.”

Specifically, it alleged that this entity was interacting with what is commonly referred to as the A7 Payment Network, which includes the A7A5 stablecoin.

Additionally, Huobi Global S.A. was allegedly interacting with the Russian cryptocurrency exchange Garantex.

Read more: UK sanctions HTX for alleged Russian sanctions violations

HTX has publicly responded to these allegations by claiming, “the listed entity Huobi Global S. A. is distinct from the online HTX exchange.”

It further claimed that “the designation does not and should not have any impact on the online HTX exchange. HTX’s global operations remain unaffected, and all user funds are safe.”

However, this update minimizes the extensive role that Huobi Global S.A. has served for HTX.

What is Huobi Global S.A.?

Huobi Global S.A. is a Panamanian incorporated entity that was incorporated on May 19th, 2023.

This entity lists Huobi Global Limited as one of its directors.

That is not the only connection to the HTX exchange, as Huobi Global S.A. is also the trademark holder for the HTX trademark in the United States.

However, the most striking connection comes from a legal filing related to Huobi Global S.A.

Pi Network is trading near $0.15 today, and the real question is whether a GENIUS Act-style shift toward regulated, reserve-backed digital dollars would cap its upside or finally give it a credible path to parity with the U.S. dollar.

Pi Network’s (PI) various IOU markets are currently pricing PI just under the $0.15 mark, with recent data from Bybit showing the token at roughly $0.17 and analytics platforms such as CoinCodex and CoinCheckup clustering the live price in the $0.14–$0.15 band as of late May 2026. Price prediction engines are broadly cautious: CoinCodex, for example, projects Pi could slip toward $0.11 by late June 2026, implying downside of roughly 25% from current levels, while its 2026 full-year model sees an average price near $0.11 within a $0.10–$0.15 trading channel. Longer-term forecasts are more generous, with some outlets modeling potential paths toward $0.50–$0.80 by 2030 and even north of $1 by 2050, but those curves assume PI remains a high-beta, speculative asset tied to broader crypto liquidity cycles rather than a tightly managed stablecoin.

The GENIUS (National Innovation Guidance and Establishment for American Stablecoins) Act points to a radically different future. The law is designed to create a category of fully reserved, U.S.-regulated stablecoins that hold one-to-one backing in cash or ultra-safe assets like U.S. Treasuries and live inside a bank-like supervisory perimeter. In a viral explainer circulating in the Pi community, one commentary describes how GENIUS-compliant issuers “must hold one-to-one reserves, one real dollar or super safe equivalents in protected accounts,” and notes that Pi teams are “actively exploring the path to register Pi as a GENIUS-certified stablecoin pegged to the U.S. dollar,” with the explicit goal that “one Pi equal…1 U.S.” dollar. In that vision, the Pi users have been mining for years would “no longer have a fluctuating unknown value” but would convert into a regulated digital dollar with real-world purchasing power.

What a GENIUS-style pivot would mean for PI’s price path

In the base case where Pi never becomes a GENIUS-compliant stablecoin, the numbers on the table are modest. CoinCodex’s mid-range scenario has PI averaging around $0.11 in 2026 and potentially climbing toward $0.49 by 2030, with bullish tails that extend above $0.80 by 2040 and $1.70 by 2050, assuming the project stays alive and the broader crypto cycle cooperates. Other forecasters sketch similar arcs, generally keeping PI below $0.20 in the near term but allowing for multi-bagger potential over a decade if adoption, listings and network effects materialize. In that world, Pi is another high-risk token riding crypto’s liquidity waves, not a serious monetary instrument.

Under a GENIUS-style pivot, the price path compresses. The bull case is not a 10x from $0.15 to $1.50; it is a roughly 6–7x move to $1 followed by a plateau where returns come from using Pi in real-world commerce, payments and yield-bearing wrappers rather than capital gains on the token itself. The bear case shifts too: instead of grinding down toward zero in a liquidity winter, a fully reserved, well-governed Pi stablecoin would either hold the peg or fail outright if governance, reserves or regulation blow up. For now, Pi trades and is modeled as if the GENIUS Act is background noise. If the project ever actually crosses that regulatory Rubicon, every price prediction you see today will need to be rewritten from scratch.

Strategy (formerly MicroStrategy) CEO Phong Le just bought $5,467 of his company’s STRC preferred shares for two of his children. The same man earned over $37 million running the company over the past three years, including $13.7 million in total executive compensation during fiscal 2025 alone.

Not that it makes the figure any better, but all three minor children technically held STRC before May 22. Together, they hold 186 STRC shares, worth $18,600 combined.

Alongside founder Michael Saylor, Le has spent the past year pitching STRC to retail investors as a supposed competitor to high-yield bank accounts and money markets. Le’s 11.5% dividend-paying, variable-rate stock has a market cap of $10.4 billion — about four-fifths of which is owned by non-accredited, retail investors.

Le disclosed his May 22 familial purchases on a SEC Form 4 dated May 26. He bought 50 STRC shares at $99.41 for Minor Child 1, plus 5 shares at $99.37 for Minor Child 3.

BitcoinTreasuries.NET celebrated the filing, “Bitcoiner dad securing the future for his kids.”

Quite the gift from the Strategy CEO who made $37 million

Strategy’s 2025 financials, filed with the SEC on April 28, list Le’s 2025 total compensation at $13,784,204. Specifically, his package breakdown was $1.1 million in salary, $1.235 million in bonus, $8.8 million in stock awards, and $2.38 million in option awards. 

In other words, Le’s gift to his children works out to less than one one-hundredth of his 2025 stock awards alone.

His 2024 total was slightly higher, $15.74 million. That was mostly due to the higher closing price of Strategy’s common stock, MSTR, in 2024 versus 2025. In 2023, Le received $8 million.

Read more: Strategy’s BTC binge has cost it $1 billion in expenses

Le has also bought STRC for himself, although not in quantities that would come anywhere close to his level of compensation, let alone net worth. On March 19, he bought 2,509 STRC shares at $99.62, a $250,000 open-market trade. 

Trivial relative to his personal fortune, he told podcaster Natalie Brunell that he wanted to “experience” STRC, likening its monthly dividends to a paycheck.

CEO whose common stock lost 58% in 12 months

STRC is a perpetual preferred share that pays a monthly dividend and is quasi-pegged at $100, even though it has traded as low as $90.52 per share on the Nasdaq. In its private debut, Strategy priced its public offering at $90 per share on July 24, 2025. 

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To encourage bids up to $100 per share, Strategy has hiked the monthly dividend rate seven times since launching STRC, from 9% to 11.5% today.

Le personally owns 8,009 STRC, 6,000 Strife, 4,500 Stride, and 22,923 MSTR common shares.

STRC closed at $99.47 on Tuesday, just below its $100 par. The company’s MSTR common stock has declined 11% over the past six months and 58% over the past 12 months. 

The company’s massive stockpile of bitcoin (BTC) were acquired for an average $75,700 cost basis — slightly above the current market — excluding $1 billion of costs while running that acquisition strategy for the past six years.

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