Avalanche Treasury Co. has announced a $675 million business combination with Mountain Lake Acquisition Corp. The strategic move aims to bolster its treasury by accumulating over $1 billion worth of AVAX tokens. This merger is part of a broader strategy to enhance the company's financial position and influence within the cryptocurrency market. In other developments, SUI Group has launched the first native stablecoins for the SUI ecosystem, suiUSDe and USDi, in collaboration with Ethena and the Sui Foundation. This initiative marks a significant step in expanding the utility and adoption of the SUI blockchain. Meanwhile, Bitcoin has reclaimed the Trader’s Realized Price at $116,000, signaling a potential return to a bullish phase. Market analysts are now eyeing Q4 targets between $160,000 and $200,000, reflecting renewed investor confidence in the cryptocurrency's upward trajectory.