AVALANCHE JULY 2026 RECAP
Hyundai moves stablecoin payments into production. Avalanche's RWA market hits $13.5 billion. Progmat migrates $3B in digital securities to an Avalanche L1. Team1 approves a $30,000 Builder Grant.
July 2026 was Avalanche’s production moment. Hyundai Card and Hyundai Motor Company moved their cross-border stablecoin remittance system into production on Avalanche. Tokenized value on the network grew from $1.6 billion to $1.9 billion in a single month, pushing Avalanche’s overall RWA market past $13.5 billion and moving it from seventh to fifth on RWA.xyz’s rankings. BlackRock’s BUIDL fund surpassed $900 million in AUM, up 105% in a week, while tokenized US Treasuries climbed 76% to $843 million.
On the builder side, Team1 launched Accelerator and Mini Grants, named a ten-person grants committee, and approved its first grant to YourGrails.
Helicon Activates on Fuji Testnet:
Helicon activated on Fuji Testnet, bringing Continuous Execution to the C-Chain. [Helicon]
Staking Participation Climbs to 41.5%:
41.5% of all AVAX is now staked, with the network’s dual mechanism paying stakers in newly minted AVAX while burning every transaction fee. [Staking]
Foundation Unveils Economic Research Agenda:
The Avalanche Foundation published its Economic Research Agenda, laying out the questions guiding its ongoing work on tokenomics and network economics. [Research Agenda]
Distributed Asset Value Hits New ATH:
Avalanche’s distributed asset value reached a new all-time high of $2.1 billion this month. [ATH]
ACP-285 Discussed Across Community and Ecosystem Calls:
The community caught up on ACP-285 throughout the month, covering the proposed reduction to the minimum consumption rate. [Recording] | [Call Recap]
Team1 Onboards New Collaborators:
Emails went out to new Team1 collaborators after the community reviewed more than 3,000 applications from over 80 countries submitted the previous month. [Collaborators]
Accelerator Grants Committee Named:
A ten-person committee spanning Team1, Ava Labs, the Avalanche Foundation, and the wider community was announced to review Accelerator Grant proposals monthly. [Committee]
New Team1 Member Portal Launches:
Team1 launched a member portal built as a one-stop shop for updates, resources, member contributions, and events, with new features set to roll out on an ongoing basis. [Member Portal]
Team1 Chapters Bring the Community Together Worldwide:
Chapters kept builders connected on the ground all month: Team1 Vietnam and CrackedHQ brought a 30-day Hacker House residency in Da Nang and continued its university tour with a stop at HUTECH with 120+ students.
Team1 Kenya ran its first Mini Hack cohort and hosted a DEKUT University Connect, Team1 Nigeria brought a developer workshop to Ibadan. Team1 Africa and Bitget Wallet hosted a World Cup Final watch party, Team1 India held its first Team1 Connect with more than 40 builders.
Team1 showed up at RareEvo in Las Vegas alongside other stellar events that happened across the globe. The month of July was a global one for Team1, reaching builders across continents in a single month.
Team1 Builder Grants Launches:
Team1 introduced Builder Grants with two tracks: Accelerator Grants offering up to $30,000, and Mini Grants offering up to $10,000 building on the earlier success of Mini Grants across gaming, community tools, and developer tooling. [Grants Launch] | [Foundation Support]
First Accelerator Grant Goes to YourGrails:
The committee approved $30,000 for YourGrails, a tokenized trading card platform bringing graded cards onchain, closing out a strong month for the project. [Grant Approved]
Giraffe Collection Goes Live on Salvor:
The giraffe collection was revealed this month, with holders able to view their giraffe on Salvor. The project also marked the Fourth of July with a surprise airdrop of 14.69 AVAX each to 10 random giraffe addresses. [Reveal] | [Airdrop]
YourGrails Beta Volume Climbs Through the Month:
YourGrails crossed $600,000 in closed beta volume early in July with more than 8,000 packs opened, 700+ battles, and 30,000+ transactions. [Milestone] | [Beta Numbers]
ORO Helps Users Navigate DeFi in Plain Language:
ORO, an AI companion built to help users explore DeFi on Avalanche through natural language, expanded its Fluency campaign with interactive lessons and rewards for eligible participants. [ORO]
Blerify Brings AI- and Quantum-Resistant Digital Identity:
Blerify partnered with Avalanche to enhance digital identity, offering a secure alternative to passwords and biometric authentication built to tackle AI-driven fraud. [Blerify]
GoKiteAI Joins as the Payments Collective’s First Agent-Focused Member:
GoKiteAI joined the Avalanche Payments Collective as its first agent-focused member. [GoKiteAI]
BlackRock’s BUIDL Tops $900M:
BlackRock’s tokenized money market fund BUIDL surpassed $900 million in AUM on Avalanche. [BUIDL]
Securitize Tokenizes Its Own Stock:
Securitize, which manages more than $4 billion in AUM, became the first public company to bring its own stock onchain on day one, and closed the month with more than $700 million in RWAs tokenized on Avalanche. [Securitize] | [$700M Milestone]
NEC Partners on Biometric-Verified Blockchain Identity:
NEC, which has deployed biometric identity systems across more than 70 countries, began working with Ava Labs on an architecture for biometric-verified blockchain services. [NEC]
UK Tokenization Taskforce Adds 53 Firms:
BlackRock, Goldman Sachs, JPMorgan, Morgan Stanley, Ripple, and 49 other firms joined the UK’s tokenization taskforce to develop live tokenization use cases across financial markets. [Taskforce]
FIFA World Cup Ticketing Powers 100K+ Fans:
FIFA Collect used Avalanche to provide World Cup ticket access, with more than 100,000 people accessing tickets and over 80,000 fans attending watch parties through the same rails, scanned in like any other event. [Ticket Access] | [Watch Parties]
Deloitte and Avalanche Publish Stablecoin Playbook:
Deloitte and Avalanche released a playbook covering adoption strategies, regulation, and execution for institutions integrating stablecoins, with the Foundation framing stablecoins as a settled part of how money will move. [Playbook] | [Integration]
Hyundai Moves Into Production on Avalanche:
Hyundai Card and Hyundai Motor completed a $20,000 USDT remittance in about seven minutes and became the first major South Korean company to use Avalanche for live cross-border transfers. [Pilot] | [Production]
Tokenized Treasuries and RWA Market Climb Through the Month:
Tokenized US Treasuries on Avalanche rose steadily through July, ending the month at $843 million, up 76%. [Treasuries] | [Market Growth]
Progmat Migrates $3B in Digital Securities:
Japan’s Progmat completed the migration of more than $3 billion in regulated digital securities from Corda to an Avalanche L1, with no disruption to issuers or participating institutions. [Migration]
Bridgetower Tokenizes $11B+ in RWAs:
Bridgetower brought more than $11 billion in RWAs onto Avalanche, moving the network to the top spot by net inflows on RWA.xyz. [Bridgetower]
OceanRwaFinance Completes First Secondary Trade:
OceanRwaFinance completed the first institutional secondary trade of tokenized private credit on Avalanche, collateralized by trade receivables from SGX-listed Oceanus Group. [Trade]
Plume Brings Credit Receivables Onchain:
Plume’s nOPAL vault, issued by Blackopal, gave allocators access to FX-hedged Brazilian credit card receivables generating yield as those payments settle. [nOPAL]
Aave V4 Goes Live on Avalanche:
Aave launched its V4 deployment on Avalanche, with incentives live for suppliers of USDC and USDT and borrowers of AVAX. [Aave V4] | [Incentives]
Kraken Adds USDe Support:
Kraken added support for USDe deposits and withdrawals on the Avalanche network. [Kraken]
Primit Launches Onchain Perps:
Primit went live on Avalanche with a fully onchain central limit order book, sub-second finality, native funding rates, and tiered fees. [Primit]
Foundation Launches Economics of Blockchain Series:
Built on the research agenda it published earlier in the month, the Avalanche Foundation launched Economics of Blockchain, a series making its economic work public, covering findings, open questions, and the concrete actions they lead to. [Series]
Summit Speaker Lineup Grows:
Avalanche Summit’s September lineup filled out through the month with speakers including Kevin Miao of Tare, Christine Moy of Apollo, Meltem Demirors of Crucible, Maxwell Stein of BlackRock, Stani Kulechov of Aave, Rob Krugman of Broadridge, Francesco Abbate of FIFA Collect, Mag Rodriguez of EVEN, and Nick Mussallem of AvaCloud.
Avalanche Summit Early Bird Sells Out:
[Summit]
Tokenization Lead Breaks Down the Payments Collective:
[Fintech Adoption] | [Payments Collective]
Stani Kulechov on Why Aave Chose Avalanche:
[Discussion] | [Layer One]
Morgan Krupetsky on Demand, Distribution, and Flexibility:
[Hyundai Speed] | [Private or Public]
What stands out most about July is not any single number. It is the pattern underneath all of them.
Institutions did not just announce interest this month, they moved live money through Avalanche and kept doing it. Builders did not just wait for support, they got a committee, a grants program, and a first check written. Even the community’s own economic questions got a proper public home in the Economics of Blockchain series, instead of staying behind closed doors.
September’s Summit is going to have a lot to talk about.
Looking to join the global community live? Registration is now open for Avalanche Summit NYC. Secure your pass today for 2 days of exclusive keynotes and networking.
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