Overview

• AVAX trades near $24.6 after moving back above its 200‑day EMA, signaling a repaired short‑term bullish structure.
• Avalanche led all networks with roughly $111 million in weekly net inflows, pointing to renewed liquidity rotation into the ecosystem.
• Price action is compressing below the $27–$28 ceiling, with technicians watching for a move that could open a path toward $30; key supports sit around $23–$24, $22.19 and $20.57.
• On‑chain activity has climbed sharply, with August C‑Chain transactions reported up 493% quarter over quarter and recent daily counts near 1.9–2.26 million following fee‑cutting Octane and Etna upgrades.
• Brave New Coin reports that Bitwise filed for an Avalanche ETF in Delaware, a development that could broaden access if confirmed.