Forward Industries' 15min chart triggers RSI Oversold, KDJ Golden Cross.
ByAinvest
Friday, Oct 3, 2025 3:47 pm ET2min read
FORD--
AgriFORCE, rebranding to "AVAX One," plans to accumulate approximately $700 million in AVAX, while AVAT is set to raise $675 million through a SPAC deal, aiming to surpass $1 billion in AVAX holdings post-listing. Both initiatives will be listed on Nasdaq, with AgriFORCE already having a listing that will be used by AVAX One, and AVAT joining Nasdaq post-merger in early 2026 [1].
The market reaction to these announcements was mixed but notable. AgriFORCE's plan, announced on September 22, led to a brief dip in AVAX's price but a subsequent rebound, closing at $33.49, up 14% on the day. The token's price continued to rise, reaching $36.16 in the first hours of September 23, its first print above $36 since January 31. This performance contrasted with a broader altcoin market cap drawdown of $30 billion on the same day, suggesting that the announcement supported AVAX's performance [1].
The AVAX-buying push mirrors the broader 2025 rise of digital asset treasury (DAT) companies, which have been increasingly buying altcoins like Ethereum and Solana. For instance, sports betting tech firm SharpLink announced plans to raise $425 million and convert the proceeds into ETH in late May, while BTCS followed with a 1,000 ETH purchase in early June [1].
The treasury initiatives also have implications for retail investors. Secondary shares of the treasury companies themselves, where AVAT advertises access at an implied discount to its underlying token basket, could be attractive but are not guaranteed. Additionally, DATs concentrating capital in AVAX may amplify price discovery, improve depth across spot and derivatives venues, and accelerate the build-out of on-chain applications that create real transaction demand [1].
Moreover, the billion-dollar balance sheet buyer can legitimize AVAX alongside ETH and SOL in institutional policy frameworks, broaden the universe of allocators beyond crypto-native funds, and speed the emergence of AVAX-linked structured products. This could set the stage for deeper liquidity, more venues for regulated exposure, and a stronger case for the asset's role in tokenized finance [1].
AVAX--
IOST--
ETH--
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According to the 15-minute chart of Forward Industries, the RSI indicator has recently triggered an oversold condition, while the KDJ indicator has formed a golden cross at 10/03/2025 15:45. These technical indicators suggest that the stock price has experienced a rapid decline and is now trading below its fundamental support level. However, the momentum of the stock price is shifting towards an upward trend, which may indicate a potential increase in value.
Avalanche (AVAX) is poised for a significant transformation in its role within the multi-chain finance ecosystem, following the announcement of a billion-dollar treasury plan. The initiative, spearheaded by AgriFORCE and Avalanche Treasury Co. (AVAT), aims to reshape AVAX's market dynamics and position it alongside Ethereum (ETH) and Solana (SOL) as a leading asset in institutional finance.AgriFORCE, rebranding to "AVAX One," plans to accumulate approximately $700 million in AVAX, while AVAT is set to raise $675 million through a SPAC deal, aiming to surpass $1 billion in AVAX holdings post-listing. Both initiatives will be listed on Nasdaq, with AgriFORCE already having a listing that will be used by AVAX One, and AVAT joining Nasdaq post-merger in early 2026 [1].
The market reaction to these announcements was mixed but notable. AgriFORCE's plan, announced on September 22, led to a brief dip in AVAX's price but a subsequent rebound, closing at $33.49, up 14% on the day. The token's price continued to rise, reaching $36.16 in the first hours of September 23, its first print above $36 since January 31. This performance contrasted with a broader altcoin market cap drawdown of $30 billion on the same day, suggesting that the announcement supported AVAX's performance [1].
The AVAX-buying push mirrors the broader 2025 rise of digital asset treasury (DAT) companies, which have been increasingly buying altcoins like Ethereum and Solana. For instance, sports betting tech firm SharpLink announced plans to raise $425 million and convert the proceeds into ETH in late May, while BTCS followed with a 1,000 ETH purchase in early June [1].
The treasury initiatives also have implications for retail investors. Secondary shares of the treasury companies themselves, where AVAT advertises access at an implied discount to its underlying token basket, could be attractive but are not guaranteed. Additionally, DATs concentrating capital in AVAX may amplify price discovery, improve depth across spot and derivatives venues, and accelerate the build-out of on-chain applications that create real transaction demand [1].
Moreover, the billion-dollar balance sheet buyer can legitimize AVAX alongside ETH and SOL in institutional policy frameworks, broaden the universe of allocators beyond crypto-native funds, and speed the emergence of AVAX-linked structured products. This could set the stage for deeper liquidity, more venues for regulated exposure, and a stronger case for the asset's role in tokenized finance [1].
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