Overview

• AVAX is holding in the mid‑$30s after a sharp two‑day surge that outpaced larger layer‑1s and set a seven‑month high near $36.
• Nasdaq‑listed AgriFORCE said it will rebrand as AVAX One and plans to raise about $550 million to build an AVAX treasury targeting more than $700 million in tokens, with Anthony Scaramucci advising.
• On‑chain trackers flagged multi‑million‑dollar leveraged longs, including a 5x position on 514,906 AVAX (~$17.2 million), as open interest and derivatives volumes jumped alongside a near‑200% spike in spot turnover.
• Network activity accelerated, with transactions up roughly 226%, active addresses rising 20%, fees higher by 86%, and Avalanche DEX volumes hitting a record intraday ~$1.3 billion.
• Chart signals remain constructive with a golden cross and double‑bottom structure, and analysts cite $43–$50 as the next targets, though an RSI above 70 raises pullback risk if the $35–$36 ceiling holds.