AVAX is hovering around an important support area that may determine its next decisive direction. Analyst Rose Premium Signals highlighted that AVAX has reached the lower trendline of a long-term pattern, and this is a crucial support level. This region, paired with a horizontal support zone, has been significant in the past. Breaking this level […]
Avalanche (AVAX)
Avalanche (AVAX) Surges Above Key Averages, $21 Breakout in Sight
Key Takeaways: Avalanche (AVAX) has staged a convincing comeback after experiencing a dip to the $18.5 region earlier this week. The hourly chart reflects a transition from a bearish descent into a bullish structure, as AVAX now trades confidently above the 5MA, 10MA, and 20MA. Such an overlap of moving averages indicates a strong upward […]
Avalanche (AVAX) Consolidation Nears End With Bullish Setup Targeting $43
Avalanche (AVAX) has been stuck in a consolidation phase, trading within a narrow band of $20 to $26 over the past several weeks. Despite a few attempts to push higher, momentum has remained limited, leaving the token in a state of indecision. The price action reflects hesitation on both sides of the market, with neither […]
AVAX Bleeds Billions, But Avalanche Ecosystem Hits New Highs in Q1 2025
Key Takeaways: Avalanche’s Q1 2025 figures unveiled a paradox: plummeting market capitalization amid surging user engagement. As per the cryptocurrency intelligence platform Messari, the circulating market cap of AVAX plummeted by 46.7% on a quarter-to-quarter basis, reaching $7.8 billion. This fall in rank among cryptocurrencies from 11th to 15th was due to a significant drop […]
Avalanche (AVAX) Breaks Through Key Resistance: $25 Target Within Reach
Avalanche (AVAX) is currently trading at $19.26, up 1.81% from the previous trading day. Although 24-hour trading volume dropped 12.23%, the token is up 7.47% in the last 7 days, indicating growing interest in the token. Crypto analyst Andrew Griffiths points to a productive retest of the important support area with a possible upside move […]
Grayscale Goes All-In on Avalanche — What It Means for AVAX Holders
Avalanche’s adoption is poised for a boost after Nasdaq files Form 19b-4 with the US SEC to apply for listing shares of Grayscale AVAX Trust, as per the official document. This move could elevate institutional confidence, providing a regulated entry point. If this ETF listing gets the green light, it might counterbalance the competition, driving […]
VanEck Files for Avalanche ETF, Targeting Institutional Exposure to AVAX
Global fund manager VanEck has taken a significant step towards introducing institutional exposure into the world of decentralized finance with the submission of an Avalanche exchange-traded fund to the U.S. Securities and Exchange Commission (SEC). This move is evidence of growing institutional demand for Avalanche (AVAX), one of the high-performance blockchain platforms with fast transaction […]
Avalanche Price Faces 24% drop: ETF Approval to Help Conditions
Avalanche (AVAX) exchange-traded fund is the new thing in town. VanEck’s asset manager has filed for AVAX ETF. According to public records from the Delaware state website, the filing was made on March 10 and is named the “VanEck Avalanche ETF.” This move follows a growing trend. Crypto ETFs have surged in popularity. The U.S. […]
VanEck Registers Avalanche ETF in Delaware, Sparks AVAX Recovery
VanEck recently filed for an Avalanche ETF in Delaware, sparking anticipation of a potential spot ETF application. This move comes amid a broader market correction, where the price of AVAX dropped. The registration has led to speculation that VanEck may soon file for a spot Avalanche ETF with the SEC and possibly reverse AVAX’s downward […]
Avalanche (AVAX) Price Soars Over 150% in Q4: Key Growth Highlights
Avalanche (AVAX) had a fantastic Q4 2024, according to Messari’s new report. Its market capitalization hit $14.6 billion, a 30% improvement over the last quarter and a year-over-year increase of 3.7%. This growth took its market capitalization to rank up to 11 from 12 in total tokens. Transaction fees in AVAX increased 24% QoQ to […]