BTCC / BTCC Square / Icobench /
AVAX Skyrockets: Trading Volumes Double After Historic Won-Pegged Stablecoin Launch

AVAX Skyrockets: Trading Volumes Double After Historic Won-Pegged Stablecoin Launch

Author:
Icobench
Published:
2025-09-18 16:11:46
20
2

AVAX just flipped the script—trading volumes doubled overnight as the first Korean Won-pegged stablecoin hit the ecosystem.

Why Traders Are Piling In

The launch isn't just another stablecoin—it’s a gateway. Asian markets now have direct, frictionless access to Avalanche’s DeFi landscape without hopping through USD or USDT. Volumes don’t lie: that’s a 2x surge in real demand.

Beyond the Hype

This isn’t speculative fluff. Real-world use cases are driving adoption—cross-border payments, remittances, and decentralized trading just got a lot smoother. And AVAX? It’s sitting right at the center of the action.

Look, traditional finance is still trying to figure out wire transfers—meanwhile, crypto’s out here building global payment rails on-chain. If that doesn’t signal where the smart money’s flowing, what does?

🔺🇰🇷

BDACS, together with Woori Bank, has launched KRW1, a fully collateralized, won-backed stablecoin. Currently in a pilot phase following a full PoC, KRW1 marks an important step toward regulated, bank-integrated… pic.twitter.com/fSsH4si5zP

— Avalanche🔺(@avax) September 18, 2025

The product is still in the beta phase and not apt for commercial use yet. BDACS is a South Korean regulated custodian. Once the project clears all regulatory and compliance requirements, it will be officially launched to facilitate the onboarding process of customers in this Asian country to the crypto space.

The native asset of the Avalanche network, $AVAX, has surged by 42.5% in the past 30 days ahead of the news. This is an important credibility boost to the project that further expands its use cases.

This stellar performance makes $AVAX the top-performing token in the top 20 during this period. Meanwhile, on-chain data shows that the Avalanche blockchain boasts a total value locked (TVL) of $2.2 billion, making it the 9th largest project by this metric in the crypto industry.

The launch of KRW1 could bring significant institutional inflows to this blockchain after the project is approved by authorities.

It could also motivate South Korean developers to launch dApps focused on this regional market.

Avalanche Eyes $52 After Bullish Breakout

Trading volumes in the past 24 hours have experienced a 163% jump as buying pressure has increased following the announcement.

The daily chart shows that $AVAX just broke above a key resistance at $26 and could now be eyeing the $52 level after a brief retest of this former supply zone from above. This means a 57% upside potential ahead for the token on the back of this wave of positive momentum.

avalanche price chart

The Relative Strength Index (RSI) has been rising strongly in the past month and just entered overbought territory. Hence, we could expect a pullback to the trend line support soon. However, the baseline prediction for AVAX will continue to be bullish, as a rising RSI means that momentum is strong.

The ideal entry for a long position WOULD be the $27 threshold if the token drops to that area. At this level, $AVAX would offer a 100% upside potential if it bounces strongly afterward. The Federal Reserve’s decision to cut rates this week alongside the launch of KRW1 is setting the stage for the continuation of AVA’s latest rally.

Meanwhile, as altcoin season kicks off, the best crypto presales will likely deliver higher gains than well-established tokens like Avalanche. Pepenode ($PEPENODE) has emerged as one of the most likely candidates to 10X during this cycle as it plans to launch a viral mine-to-earn (M2E) game.

Pepenode Nears $1.3M Raised to Launch the First Meme-Powered Mining Game

Pepenode ($PEPENODE) takes the grind off crypto mining and turns it into a full-on meme-fueled game. Instead of burning GPUs, players can stack up VIRTUAL rigs and farm tokens straight from the Pepenode universe.

pepenode crypto presale

The game’s leaderboard isn’t just for bragging rights, as top miners get hit with surprise airdrops of viral meme coins like $BONK and $FARTCOIN from the project’s rewards stash.

Fueled by Pepe’s energy, Pepenode also brings insane staking rewards (currently 1,070%). Players can farm, stake, and flex their rigs while showing off their mining dominance to the squad.

Want more juice? Upgrade your digital facilities, add extra rigs, and push your mining setup into overdrive.

Since every rig runs on $PEPENODE, the demand for this token will keep climbing as new players pile in. That makes this presale the early entry ticket to Pepenode’s growing meme economy.

To grab $PEPENODE before launch, head to the official Pepenode website, LINK your wallet, and swap ETH, USDT—or just ape in with a card.

Buy PEPENODE Here

The post Best Altcoin to Buy Now: AVAX Volumes Double After Launch of First Won-Pegged Stablecoin appeared first on icobench.com.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users