Avalanche (AVAX)

Avalanche is an open-source platform for launching highly decentralized applications, new financial primitives, and new interoperable blockchains.

1. AVAX Basic Info

2. AVAX Technical Info

2.1 AVAX Kline Chart Price

2.2 AVAX Technical Analysis

The market exhibits a bearish trend in the short term. The price is expected to continue its downward movement, testing support levels around 18.00.

A period of consolidation is anticipated after the initial decline, with potential sideways trading. Resistance levels are likely to be encountered around 19.00 and 19.50.

In the medium term, the bearish pressure may persist, with a possible further decline. However, there s a chance of a minor rally, but it might be short-lived. The price could eventually stabilize around 17.50.

The trading volume indicates selling pressure. The recent price movements suggest ongoing volatility. Investors should carefully monitor these levels.

Overall, the market outlook remains cautiously negative. The price could face additional downward movement.

3. AVAX News Info

3.1 AVAX News List

• 20250315
  VanEck files with SEC to launch Avalanche ETF 📈
• 20250314
  Data: US government wallet address transferred thousands of dollars of AVAX tokens 9 hours ago 📈
• 20250311
  VanEck Registers Avalanche ETF in Delaware
• 20250310
  Gate.ioAVAX staking activity launched, with an expected annualized return of up to 6.38% 📈
• 20250308
  Avalanche Foundation Establishes infraBUIDL(AI) Program Committee 📈
  Avalanche Foundation Establishes infraBUIDL(AI) Program Committee 📈
  Three Avalanche Foundation directors voluntarily resign 📉
• 20250306
  Avalanche Foundation Establishes infraBUIDL (AI) Program Committee 📈
  Safe: Wallet services have been restored and launched on Avalanche, Blast and other networks 📈
  A small town in India uses Avalanche blockchain to store over 700,000 land records 📈
  Safe{Wallet} now supports Avalanche, Blast, Unichain and other networks 📈
  Indian town uses Avalanche blockchain to store 700,000 land records to ensure transparency and tamper-proofing 📈
• 20250304
  Avalanche releases 2025 roadmap, including Etna network upgrade, subnet renaming, and more 📈

3.2 AVAX News Analysis

The Avalanche ecosystem exhibits strong upward momentum. Institutional interest, as evidenced by the VanEck ETF filings and registrations, is growing. Technological advancements, particularly the Etna network upgrade and the infraBUIDL(AI) program, suggest ongoing development and innovation. Widespread adoption is indicated by the Indian government s utilization of the blockchain for land records. Staking programs with appealing returns drive investor engagement. Despite a single negative data point—director resignations—the dominant narrative paints a picture of expansion, diversification, and increasing utility, suggesting continued positive growth for Avalanche.