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Benson Toti

Avalanche (AVAX) Eyes $20 After US Treasury ETF Staking Guidance

Avalanche (AVAX) traded at $17.75 on November 10, 2025, approaching the $20 resistance level as the US Treasury and IRS issued Revenue Procedure 2025-31. The guidance establishes tax safe harbor for cryptocurrency ETFs engaging in staking activities. Proof-of-stake networks including Ethereum, Solana, and Avalanche stand to benefit from the regulatory clarity addressing institutional participation in staking operations.
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