Avalanche (AVAX) had a booming September, with DEX buying and selling quantity hitting a three-year excessive and a billion-dollar treasury deal. There’s additionally rising curiosity from ETF issuers in AVAX.
On the identical time, technical indicators point out that AVAX is at a vital degree for a possible breakout if it could actually keep key assist. This image opens up expectations for a brand new progress cycle of Avalanche within the medium time period.
Avalanche’s Key Occasions and Notable Figures
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This previous September, the Avalanche (AVAX) ecosystem recorded spectacular numbers after a interval of stagnation. In response to official statistics, DEX buying and selling quantity on Avalanche reached $17.4 billion, the very best degree within the final three years.
DEX buying and selling quantity on Avalanche. Supply: DefiLlama
Knowledge from DefiLlama additionally reveals that Avalanche at present ranks because the seventh largest platform by DEX buying and selling quantity prior to now 30 days.
Within the final 24 hours alone, DEX quantity on Avalanche reached almost $690 million. This determine confirms liquidity returns and demonstrates person confidence within the chain’s DeFi infrastructure.
“Avalanche doesn’t slow down, if anything, we’ve got our pedal to the metal” an optimistic X person shared.
One other spotlight is the announcement that Avalanche Treasury Co. (AVAT) entered a $675 million merger cope with Mountain Lake Acquisition Corp., to carry over $1 billion value of AVAX in its treasury after its anticipated Nasdaq itemizing in Q1 2026.
That is thought of a strategic transfer to institutionalize capital inflows into the Avalanche ecosystem. It paves the best way for sturdy investments in RWA, stablecoins, and fee infrastructure.
On the identical time, as reported by BeInCrypto, Avalanche is increasing stablecoin fee adoption in South Korea and Japan, rising the blockchain’s real-world use instances. On the normal finance entrance, giants akin to VanEck, Grayscale, and most lately Bitwise have filed functions for AVAX ETFs, reflecting rising institutional curiosity within the token.
Thus, in only one month, Avalanche has converged three essential components: booming on-chain liquidity, a large-scale strategic treasury, Anthony Scaramucci’s funding, and clear indicators of institutional capital curiosity. This kinds the muse for AVAX to regain its place within the crypto market.
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Value Outlook By the Lens of Technical Evaluation
On the time of writing, knowledge from BeInCrypto reveals AVAX is buying and selling round $30.62, up 2% prior to now 24 hours and almost 30% prior to now month.
In response to an remark from a dealer on X, the assist degree is $23.06, and the resistance degree is $36.14. Primarily based on RSI, MACD, and Bollinger Bands indicators, the general tendency factors in direction of a bearish development.
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One other analyst on X famous that AVAX has simply accomplished a “resistance flip” — the place a earlier resistance zone turns into assist. The important thing value degree is now $27: so long as AVAX holds above this threshold, short-term and medium-term uptrends stay intact.
“This has been an outperformer lately, so I have to assume it will continue to outperform for the time being,” the analyst commented.
Nevertheless, dangers can’t be ignored. On the one hand, large-scale offers like AVAT require time to materialize. If the method is delayed or conventional markets face macroeconomic turbulence, AVAX could face downward stress.
