Avalanche (AVAX) News Today: Why AVAX Is Down – 23 September 2026

• Helicon mainnet upgrade activated on Avalanche on 22 September 2024 at 15:00 UTC. • Minimum staking duration reduced from 14 days to 48 hours, with auto-renewed staking introduced. • Validator uptime requirement for staking rewards raised to 90%; mean consumption rate moves from 10% toward 7.5% over 90 days. • New York Life Investment Management announced a tokenized fund via Centrifuge; Aave and Paxos added Avalanche support. • On 23 September, AVAX traded at $11.08, down 0.33% in 24 hours, with a 53.14% seven-day gain and market cap of $4.91B.