Avalanche (AVAX) News Today: Why AVAX Is Up – 05 November 2026

• Aave V4 deposits on Avalanche surpassed $125 million on 3 November, a fourfold increase from September levels • NEC signed a memorandum of understanding on 3 November to study biometric-verified stablecoin payments • Blockaid reported a $1.01 million exploit on a vault linked to Valinor Digital • AVAX traded above the 7-day SMA at $8.51 and pivot point at $8.52 but below the 20-day SMA at $9.06 • Approximately 43% of circulating AVAX is staked, with MACD not yet turning positive