Overview

• Avalanche’s C‑Chain processed about 35.8 million transactions in August, its second‑highest month on record, with a recent daily spike near 1.97 million.
• AVAX trades around the mid‑$20s as an ascending‑triangle setup presses against resistance near $26.50–$27 that has repeatedly rejected advances.
• Analysts say a confirmed breakout could open near‑term targets around $30–$35, with some calling out further resistance near $44 if momentum builds.
• CoinJournal notes softer conviction after failed attempts, citing a 32% drop in daily turnover and outlining key levels, including a need to reclaim roughly $25.46 and risks below $23.47.
• Brave New Coin highlights over $300 million in weekly stablecoin inflows lifting Avalanche’s TVL above $2.2 billion and reports enterprise interest, alongside the pending Grayscale AVAX product filed in March.