Avalanche (AVAX), once a promising altcoin, has faced a significant decline in price, retracing all of its gains made in November. As of now, AVAX is back at its November price levels, while Bitcoin (BTC) has retained most of its gains.
Nearly 4,000 wallets added WAVAX holdings, 1.8 times the recent average, according to onchain data.
Falling active addresses and network growth are major concerns for AVAX's price.
Avalanche has faced relentless selling pressure since mid-December, wiping out over 60% of its value and erasing all the gains from the impressive November 2024 rally. The extended downtrend has left investors uncertain about its near-term prospects as the entire market struggles to regain footing amid ongoing volatility.
Inversion Capital, led by angel investor Santiago Roel Santos, is launching a custom Layer 1 blockchain on Avalanche to bring businesses onchain.
Bitcoin is trading in a tight range, pointing to a possible breakout in the near future.
Avalanche (AVAX), the popular blockchain platform, has had a turbulent few weeks. Despite a significant decline in value of nearly 28% over the past month, there's a noticeable shift in market sentiment that suggests a potential rally.
AVAX is forming a clear bullish pattern on the chart and could rally soon.
Avalanche (AVAX) has faced relentless selling pressure since mid-December, with its price plummeting over 60% and erasing all the gains from its impressive November 2024 rally. This sharp decline has left investors on edge, fueling fear and uncertainty as Avalanche mirrors the bearish trends seen across the broader crypto market.
Bitcoin bears are finding it difficult to pin the price below $95,000, indicating solid demand at lower levels.
The dynamic realm of cryptocurrencies is preparing for yet another alarming event that could bring considerable downside pressure to BERA, SEI, AVAX, APT, SAND, STRK, ATH, and XCN tokens. Notably, recent market data flags that the abovementioned assets are preparing for massive token unlocks totaling a staggering $325 million.
Avalanche (AVAX) has been a significant player in the blockchain ecosystem, offering fast and scalable solutions for decentralized applications (dApps). With its growing adoption, AVAX has been on many investors' radar, especially when it comes to its long-term price potential.
The crypto market has shown limited favorability to bulls over the past week. However, certain altcoins continue to register gains driven by external developments.
With Bitcoin and altcoins aiming for a comeback week, Avalanche nears a trendline breakout. Will the short-term recovery propel altcoin above the local supply line and hit the $30 mark?
Avalanche's native cryptocurrency, AVAX, is at a crucial point in the market, testing a critical support level at $25. Investors are closely watching this price point to determine whether AVAX will rebound or face further declines.
The price of Avalanche (AVAX) had dropped to the bottom of the chart but has recovered.
AVAX tested a key $25 support level as whale transactions surged following the first AI-focused layer 1 launch by Kite AI.
Kite AI, the decentralized AI infrastructure provider, announced on Feb 6, its first AI-focused Layer 1 sovereign Blockchain built on Avalanche, the Blockchain platform. Currently launched in its testnet stage, it made its public testnet live on its platform, Kite AI.
Virtune, a Swedish crypto asset manager, has launched new exchange-traded products (ETPs) in Finland, giving investors easy access to Avalanche (AVAX) and Cardano (ADA). Virtune CEO Christopher Kock described the new products as timely, pointing at the growing demand.
Stellar (XLM) has recorded significant investor interest within the last 24 hours, and the asset looks set to take on AVAX. According to CoinMarketCap data, the trading volume of XLM has soared by 24% within the time under consideration.
Kite AI has launched the first AI-focused Layer 1 blockchain on Avalanche, creating a decentralized environment for AI models, tools, and data.
Avalanche provides a scalable and transparent foundation for AI applications, which may bolster institutional AI adoption.
Launched the testnet dedicated to those who want to develop decentralized dApp based on artificial intelligence.
Avalanche (AVAX) has been struggling as it drops below the $27 mark, continuing its downward trajectory. Analysts are predicting a potential crash toward the $20 range, as the bearish pressure surrounding the token intensifies.
Virtune Avalanche ETP and Virtune Staked Cardano ETP will now be accessible to both institutional and retail investors on Nasdaq Helsinki through banks. The post Swedish Crypto ETP Issuer Virtune Lists Avalanche, Cardano ETPs on Nasdaq Helsinki appeared first on Cryptonews.
Swedish crypto asset manager Virtune is now giving investors in Finland exposure to Avalanche and Cardano via its newly launched crypto ETP products.
However, the growing bear action in the broader market has continued to impact altcoins like Ethereum (ETH), XRP, SUI, and Avalanche (AVAX) in different measures. As of writing, the combined crypto market cap is down 1.56% to $3.16 trillion, proving that headwinds remain.
Avalanche faces bearish pressure after breaking a symmetrical triangle.
Avalanche (AVAX) price has been in a downtrend for the last two months, currently trading at $27. The altcoin has lost key support floors, which has caused whale investors to lose patience.
Despite the recent market crash, will Avalanche price bounce back within a falling channel for a breakout rally? Or is a downfall to the $20 mark inevitable?
Cryptocurrency analysts of Coinidol.com report, the price of Avalanche (AVAX) is falling below the moving average lines.
Avalanche has faced intense selling pressure over the past two months, with its price plunging more than 42% since mid-December. The market remains highly volatile, driven by uncertainty, but recent signs of recovery suggest a shift in sentiment.
The AVAX price has been mostly quiet since the start of 2025, mirroring the climate of the altcoin market so far in the new year. After reaching a local high of $55 in early December 2024, the Avalanche token has been in a steady decline, reaching as low as $32.2 on Wednesday, January 29.
Avalanche's native cryptocurrency, AVAX, has recently demonstrated a noteworthy rebound after experiencing a significant decline in its price. As of January 31, 2025, the token was trading at approximately $34.60, reflecting an impressive 3.05% increase in the last 24 hours.
Bitcoin bulls are chasing after new highs but investor actions in equities markets and sellers at the top of BTC's range are keeping a cap on price discovery.
AVAX investors and traders could be in for an interesting turn of events soon.
Avalanche (AVAX) and Cardano (ADA) are under bear pressure as market volumes decline. It's a great time to buy into these with DTX Exchange's final token at $0.16.
BlockDAG's TG Tap Miner integrates with OKX, enhancing BDAG rewards for players. Meanwhile, Cardano holds key support levels, and Avalanche eyes a potential breakout.
TL;DR Avalanche transaction fees dropped by 75% after the December upgrade, making the network more affordable. The number of transactions increased by 38%, reaching an average of 354,691 per day, reflecting a high level of adoption.
Avalanche, a decentralized finance (DeFi) focused smart contract blockchain, saw a significant decrease in transaction costs following its December 16th upgrade, known as Avalanche 9,000. This upgrade has successfully reduced usage fees by approximately 75%, making it more affordable for users.
The upgrade was designed to make Avalanche cheaper. It worked.
Bitcoin's volatility is likely to pick up following Fed Chair Jerome Powell's comments, but the potential direction of the price move remains elusive to most traders.
While ADA and AVAX are swept up in a market-wide dip, FXGuys is surging forward, promising life-changing gains and great long-term rewards to holders!
As Dogecoin and AVAX failed to gain momentum, experts speculate IntelMarkets could surpass these well-established coins with its massive 45,000% growth potential.
The crypto market is buzzing as Avalanche (AVAX) sets its sights on $75, SUI eyes a climb past SHIB, and Lightchain AI emerges as the next high-potential coin for exponential growth.
Solana, Avalanche, and MOVE are testing crucial technical levels. SOL sees $500, AVAX eyes $100, and MOVE targets a breakout above $0.83.
Avalanche (AVAX) has faced a tough few months, but its defense of the $35 support zone remains a crucial factor in determining its future price movements. Over the past month, the price has consistently tested this level, highlighting its significance for both traders and investors.
AVAX is the top gainer on a daily scale today from the larger-cap alts.