Overview
- Avalanche network usage doubled in the past month, climbing from about 500,000 to over 1.3 million daily transactions, Nansen data shows.
- The AVAX token retreated to roughly $23.5 after briefly topping $25 during a crypto-wide sell-off.
- Analysts pinpoint the $25–$27 range as critical resistance and say a sustained close above $27 is the next milestone for higher targets.
- Ecosystem fundamentals are strengthening with total value locked recovering and real-world-asset projects like Grove’s $250 million tokenization and a Visa stablecoin settlement deal.
- Retail search interest and reports of renewed community cohesion signal growing sentiment-driven momentum even as broader market swings pose risks.