Tag:

AVAX

Exchange Review August
Crypto Trends

Avalanche (AVAX) Extends Weekly Losses to 18% as Institutional Backing Fails to Lift Market

by admin



Avalanche’s native token AVAX fell 8% over the past 24 hours to $27.72, extending a weeklong slide that erased nearly 18% of its value. The drop occurred alongside a broad plunge in crypto markets that’s seen ETH, SOL, DOGE also post double-digit percentage declines over the past week and BTC fall 6%.

AVAX has struggled to break above a resistance level of $30.28 and found only weak support near $27.65. CoinDesk Analytics data shows trading volume sank to 121,896 tokens in early trading Friday, signaling that institutional selling may be slowing but has not yet reversed.

The price slump comes in the wake of Avalanche-aligned corporate initiatives aimed at deepening institutional engagement. Earlier this week, tech company AgriFORCE Growing Systems rebranded as AVAX One and announce plans to raise $550 million to acquire and hold AVAX. The move would make it the first Nasdaq-listed company to focus exclusively on Avalanche’s ecosystem.

The firm assembled a high-profile advisory team led by SkyBridge Capital founder Anthony Scaramucci and Coinbase Institutional’s Brett Tejpaul, positioning itself as a major AVAX custodian. AVAX One aims to hold more than $700 million in the token, a bid to cement its role as a central figure in Avalanche’s growth story.

But for now, the market hasn’t bought in.

The falling price suggests that institutional backers may still be cautious about Avalanche’s long-term positioning. While regulatory approvals for token-related vehicles are pending, they have yet to translate into buying momentum.

Avalanche’s roadmap includes partnerships and enterprise use cases, but these fundamentals have yet to counterbalance the current selling pressure.



Source link

0 comments
0 FacebookTwitterPinterestEmail
AVAX price could surge
GameFi Guides

AVAX price forms a rare pattern as key Avalanche metric soars 225%

by admin



The AVAX price has formed a rare golden cross pattern, indicating further gains as the number of transactions on Avalanche increases. 

Summary

  • Avalanche (AVAX) has surged to $36.61, its highest since January, fueled by rapid network growth and expanding adoption.
  • Transaction volume jumped 226% this month, active addresses climbed 20%, and fees rose 86%, while total value locked in real-world asset tokenization soared 136% to over $456 million.
  • Coupled with a bullish technical setup—including a double bottom, a golden cross, and key Fibonacci levels—Avalanche appears positioned for further upside, with $43.75 as the next potential target.

Avalanche (AVAX), one of the biggest layer-1 networks in the crypto industry, jumped to $36.61 this week, its highest level since January. It has spiked by 135% from its lowest level this year.

Avalanche transactions jump

Nansen data shows that Avalanche was the fastest-growing blockchain network in the crypto industry this month. Its transaction jumped by 226% during the month to 50.43 million.

Its active addresses also jumped by 20% this month to 747,545, while its fees soared by 86% to $1.1 million. This growth happened as Avalanche gained market share in key industries in the crypto industry. 

For example, Avalanche’s total value locked in the real-world asset tokenization industry rose by 136% in September to over $456 million. This growth was driven by companies like Circle, Avant Protocol, and Tether. 

Avalanche’s role in the RWA industry will continue growing as Anthony Scaramucci prepares to launch his tokenized fund on its chain.

Additional data indicates that the supply of stablecoins in its network increased by 16% to $1.9 billion. The number of stablecoin addresses rose by 11% to over 264,0000. 

Meanwhile, Avalanche’s liquidations have slowed in the past few days. The liquidations jumped to almost $10 million on Monday and then dropped to $1.36 million today. 

AVAX price technical analysis 

Avalanche price chart | Source: crypto.news

The daily chart indicates that the AVAX price has formed a double-bottom pattern around $15, with a neckline at $27.30. It has also moved above the neckline, and most importantly, it recently formed a golden cross pattern as the 50-day and 200-day moving averages crossed each other. 

A golden cross is one of the most bullish patterns in technical analysis. It has also moved to the 50% Fibonacci Retracement level and is approaching the ultimate resistance level of the Murrey Math Lines. 

Therefore, the most likely AVAX price forecast is bullish, with the next target being at $43.75 — the extreme overshoot level. 



Source link

0 comments
0 FacebookTwitterPinterestEmail
Etherex price gains 40% amid Linea rewards program launch
GameFi Guides

AVAX price risks pullback but whale demand drives upside

by admin



AVAX trades near $34 after a sharp rally, with whales and institutions driving momentum despite overbought signals.

Summary

  • AVAX price is up despite crypto market downturn, with a 200% surge in trading volumes.
  • AgriFORCE pivots to AVAX One, targeting $700M in token holdings.
  • Whales open leveraged longs, but RSI at 70 signals overbought risks.

Avalanche traded at $34.42 at press time, up 8% in the past 24 hours. The token has gained 17% over the last seven days and 32% in the past month, moving within a $29.40–$35.55 range over the week.

Spot trading volume jumped to $2.62 billion in the last 24 hours, a 198.8% rise from the previous day. Derivatives activity also surged, according to CoinGlass data, with open interest rising 18% to $1.77 billion and volumes rising 140% to $5 billion.

This mix of rising spot demand and leveraged exposure points to aggressive positioning, a setup that often fuels sharp moves in either direction.

Institutional and whale flows

Institutional appetite for Avalanche (AVAX) is building momentum. On Sep. 22, AgriFORCE Growing Systems Ltd. announced plans to rebrand as AVAX One, pivoting away from agricultural technology to become the first publicly traded Avalanche-focused entity on Nasdaq. 

The company intends to raise about $550 million through a mix of PIPE financing and equity-linked instruments, with the long-term goal of acquiring more than $700 million worth of AVAX tokens. Over 50 institutional investors, including Galaxy Digital and Kraken, are reportedly exploring allocations.

At the same time, whales are taking on leveraged bets. Blockchain analytics firm Lookonchain flagged two significant long positions on Sept. 23. One wallet opened a 5x leveraged long worth 514,906 AVAX ($17.2 million), already showing close to $1 million in unrealized profit.

Another account, tied to Ogle, an advisor to World Liberty Financial, opened a 10x long on 66,479 AVAX ($2.2 million). These moves suggest that well-capitalized players remain confident in Avalanche’s trajectory, despite the recent rally.

AVAX price technical analysis

From a technical standpoint, AVAX is pressing against the upper band of its Bollinger channel near $36.80, a level that now acts as resistance. With a relative strength index of 70.7, the token is on the verge of overbought territory. The stochastic oscillator is also high, suggesting short-term exhaustion.

AVAX daily chart. Credit: crypto.news

Even so, trend strength remains intact. All major moving averages, from the 10-day EMA to the 200-day SMA, are flashing buy signals, confirming a broad-based bullish structure. The MACD is still in positive territory, which indicates that the bulls are still in control.

A break above $36.80 might clear the way toward $38 and possibly $40, while immediate support is located at $32.40 and $29.50.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Avalanche (AVAX)
Crypto Trends

AVAX Surges as Avalanche Powers Stablecoin Payments in Korea and Japan

by admin


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Avalanche (AVAX) is steadily expanding its international presence and now operates in Asia, gaining momentum in both Korea and Japan with new stablecoin payment solutions.

The South Korean custodian BDACS recently launched KRW1, the country’s first Korean won–backed stablecoin, fully collateralized with deposits at Woori Bank. The stablecoin is in its pilot phase after a successful proof of concept, putting Avalanche at the forefront of Korea’s digital asset integration.

Similarly, in Japan, Avalanche is collaborating with industry giants such as SMBC, one of the nation’s largest banks, and retail groups like Densan to develop stablecoin-powered payment systems.

AVAX Network Activity and DeFi Boom

The expansion of stablecoin utilities coincides with a surge in network activity on Avalanche. In August alone, decentralized exchange (DEX) volume surpassed $12 billion, marking an eightfold increase in just two months.

Real-world asset (RWA) tokenization on Avalanche has also exceeded $450 million, with institutions like Grove Finance and SkyBridge driving adoption.

DeFi protocols such as UNI, Pharaoh, Benqi, and LFJ are thriving, pushing Avalanche’s total value locked (TVL) above $2 billion. UNI, for example, has posted a 97% gain in the past month, reflecting growing user activity and liquidity across the network.

AVAX’s price trends to the upside on the daily chart. Source: AVAXUSD on Tradingview

Avalanche Price Targets $42 as Institutional Interest Grows

Currently, AVAX is trading near $33, up over 9.4% in the past 24 hours. The token recently broke above a key pivot at $31.05, supported by bullish technical indicators including an RSI of 68.44 and a positive MACD histogram.

Analysts suggest that a decisive breakout above $34.50 could propel AVAX toward its next resistance at $42.

Institutional adoption is also on the horizon. With four AVAX ETF filings awaiting regulatory approval, inflows from traditional finance could act as a major catalyst for price growth.

Combined with Asia’s growing stablecoin market and Avalanche’s thriving DeFi ecosystem, AVAX aims to become a leading Layer-1 blockchain prepared to challenge rivals in the next crypto bull cycle.

Cover image from ChatGPT, AVAXUSD chart from Tradingview

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

0 comments
0 FacebookTwitterPinterestEmail
AVAX price prediction for september 17
Crypto Trends

AVAX price prediction: Will Avalanche Hit $50?

by admin



Summary

  • AVAX trades near $29.8, just below key $30 resistance after a recent rally.
  • A breakout above $30–$33 could trigger a move toward $50–$60 according to this AVAX price prediction.
  • ETF filings by Bitwise, Grayscale, and VanEck boost institutional interest.
  • Avalanche Foundation aims to raise $1B, signaling long-term confidence.

Avalanche is hanging around $29.8 after pulling back just a bit from its recent rally. On September 16, it made a solid push to break past the important $30 mark, a level AVAX price prediction analysts have been watching closely.

Now, the big question on everyone’s mind: is this the start of a bigger move? Some folks are hopeful AVAX could break out and head toward $50 sooner rather than later.

Current AVAX price prediction info

Right now, Avalanche (AVAX) is trading in a pretty narrow range between $29.60 and $30.50. The momentum has slowed down a bit, but overall, traders are still leaning bullish — just with some caution. If AVAX can close above $30, that might be the green light for more buyers to jump back in.

AVAX 1-day chart, September 2025 | Source: crypto.news

Even with the recent pullback, AVAX has stayed above key support levels, showing that buyers still have the upper hand, though they’re playing it safe. Some ups and downs are normal in the short term, but the bigger picture still looks solid.

Upside outlook

Breaking above $30 cleanly could lead AVAX toward a much bigger move, especially if it also clears the next big resistance at $33. That would likely spark a strong rally, with a realistic projection between $50 and $60 in the coming weeks.

The bullish projection is backed by several key factors. The Avalanche Foundation recently announced plans to raise $1 billion from institutional investors, signaling heavy interest from the big players.

Also, just two days ago, Bitwise filed an application for an Avalanche-based ETF, joining Grayscale and VanEck. This growing list of ETF filings reflects increasing institutional demand, which could give AVAX a big boost if any get the green light.

Add Avalanche’s ongoing progress in cross-chain tech, DeFi, and scalable dApps, and the Avalanche coin price forecast looks pretty optimistic.

Downside risks

However, the bullish outlook relies on AVAX maintaining its position above $30. If it drops below, the next critical support is at $28.40, with the possibility of further declines if selling pressure increases. Such a move could dampen short-term sentiment, particularly in a risk-off macro environment or during low trading volume. 

Given crypto’s volatility, traders should remain vigilant around these levels to minimize risk from stop-outs or forced liquidations.

AVAX price prediction based on current levels

Technically, AVAX is bouncing between $28 and $31 right now. If it manages a strong move above $30, the AVAX price prediction turns bullish, with $50 as a realistic next target.

The Avalanche outlook is upbeat but measured. Most analysts have the expectation that institutional interest and possible ETF approvals will provide the fuel for a larger rally. Even though there’s short-term resistance, the medium-term trend looks set for a breakout.

In short, $30 is a key test for AVAX. Passing it could bring the $50 level within reach, especially as both fundamentals and market interest align nicely.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.



Source link

0 comments
0 FacebookTwitterPinterestEmail
ETH LEADS MAJORS, CPI TODAY, AVAX DATS COMING
NFT Gaming

ETH LEADS MAJORS, CPI TODAY, AVAX DATS COMING

by admin



ETH LEADS MAJORS, CPI TODAY, AVAX DATS COMING

Crypto higher on lower PPI, ETH leads. BitMine buys $201m more ETH. Binance & Franklin Templeton to partner on RWAs. POP Culture Group & Robin Energy both buy BTC. XRP reserves on exchanges surge by 1.2b tokens. AVAX Foundation eyes $1b raise to setup DATs. Chainlink, UBS to automate tokenized fund ops. Hayes buys $1m ENA ahead of Hyperliquid vote. Kraken offers to list Paxos-issued USDH. SEC delays staking decisions on various ETFs. VanEck plans HYPE spot staking ETF. Gemini, Figure hike IPO price range. Scroll DAO appears close to being dissolved. Ledger rolls out enterprise mobile app. India continues to resist comprehensive crypto law. HK proposes capital rules for banks holding crypto. Russia may consider crypto bank to combat fraud.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Avalanche
GameFi Guides

Avalanche Targets $1 Billion Fundraising Goal For Two AVAX Treasuries

by admin


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Avalanche Foundation, a non-profit organization that supports the Avalanche (AVAX) blockchain ecosystem, is reportedly seeking to raise $1 billion through a major fundraising campaign to create two AVAX treasuries. 

This initiative aligns with a broader trend in the cryptocurrency space, where various organizations and traditional finance firms are experimenting with crypto treasury models to strengthen their financial stability and operational capabilities.

Avalanche Foundation To Offer Discounted AVAX Tokens

According to the Financial Times, the Avalanche Foundation is in advanced talks to create two crypto treasuries in the United States. These moves come at a time when the foundation is gaining traction among institutional investors, with firms like BlackRock and Visa already utilizing the Avalanche blockchain for their operations. 

The foundation’s strategy involves launching one digital asset treasury company while converting an existing firm into a treasury vehicle. The goal is to secure approximately $1 billion, with the expectation to finalize these deals within weeks.

The funds raised are earmarked for the acquisition of millions of AVAX tokens, which will be offered at a discounted price directly from the Avalanche Foundation. 

This approach is aimed to not only support the foundation’s growth but also to enhance the liquidity and market presence of AVAX amid an increasingly competitive treasury companies landscape. 

AVAX Price Approaches $30 

Per the report, the first fundraising deal aims to secure up to $500 million through a private investment led by Hivemind Capital, with expectations to finalize the agreement by the end of the month. Notably, Anthony Scaramucci, a crypto investor and former White House press secretary, is advising on this initiative. 

The second funding endeavor involves a special purpose acquisition vehicle (SPAC) sponsored by Dragonfly Capital, which is also targeting a $500 million raise. This deal may take longer to conclude, potentially stretching into October. 

Both initiatives will focus on purchasing discounted AVAX tokens held by the Avalanche Foundation, which has a total supply of 720 million tokens, with approximately 420 million currently circulating.

The broader cryptocurrency market has seen a surge in fundraising activities this year. Companies have raised over $16 billion to stockpile crypto assets, often inspired by the successful Bitcoin (BTC) treasury model of Strategy (formerly MicroStrategy). 

Tokens associated with other blockchains, such as Ethereum (ETH) and Solana (SOL), have also seen significant price increases. These tokens were selected by major publicly traded companies in the US for their respective crypto-focused treasuries.

Although AVAX has not experienced the same upward momentum, CoinGecko data shows that it has recorded gains of up to 17% in the weekly time frame. As of this writing, the AVAX price is approaching the key $30 mark, a level not seen since February of this year.

The daily chart shows AVAX’s price rise. Source: AVAXUSDT on TradingView.com

Featured image from DALL-E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Avalanche gains momentum as monthly transactions surge 326% but this chart signals a cold front
NFT Gaming

Avalanche activity spikes despite AVAX price pullback

by admin



Avalanche network activity continues to show robust growth despite the native token hitting a snag and slipping from highs above $25 as a pullback across the crypto market engulfed most coins. 

Summary

  • Avalanche price pulled back from highs above $25, retreating slighty amid broader market sell-off pressure.
  • Nansen data however shows Avalanche’s onchain growth momentum remains.

The Avalanche (AVAX) token rose to highs of $25.64 on Aug. 18, extending the uptick that had bulls off support levels around $23.40 over the past week. 

However, with cryptocurrencies down in the past 24 hours amid widespread profit taking, AVAX pared gains to hover around $23.61. The altcoin was down 5% in 24 hours as Bitcoin (BTC) fell below $115k and Ethereum (ETH) retreated to near $4,200.

Avalanche network activity rises

While Avalanche’s price is facing the same downside pressure that currently engulfs the broader risk-asset market, data shows network strength that supports the long-term outlook. Other than the key metric of stablecoin growth, onchain data from Nansen suggests the past two weeks have been huge for Avalanche in terms of transactions.

An update by the multichain artificial intelligence-powered analytics platform shared on August 18 shows that Avalanche’s daily transactions grew by more than 100% in the past month. From about 500,000 transactions per day, Nansen data shows the network rose to hit over 1.3 million in daily transactions.

Avalanche activity is on the rise. 🔺

Over the last 30 days, transactions jumped from ~500K/day lows to 1.3M+ daily transactions, more than doubling in just two weeks!

Momentum on @avax is definitely heating up. pic.twitter.com/iDIW8Vihw3

— Nansen 🧭 (@nansen_ai) August 18, 2025

Notably, most of the uptick came in a two-week period in which Avalanche witnessed significant network growth.

Momentum for AVAX is cooling, but with the bullish fundamentals in place, analysts say Avalanche’s price setup suggests a breakout. Stablecoin growth and decentralized finance traction are driving this outlook.

TVL and other metrics 

As the onchain metrics point to increased user activity, DeFiLlama data indicates total value locked is ticking up from April 2024 lows.

The TVL aside, Avalanche is also attracting attention as a platform for real-world asset tokenization. In the tokenization market, the latest development related to Avalanche is the move by Bowmore, among the oldest distilleries in Scotland, to launch its first-ever tokenized whisky bottles on the AVAX blockchain.

In July 2025, Avalanche attracted headlines as it announced that $250 million in RWAs was coming onchain via Grove. The platform also struck a deal with Visa for global stablecoin settlement.





Source link

0 comments
0 FacebookTwitterPinterestEmail
Close