While the Avalanche price prediction of $50 might be optimistic, fundamental factors suggest this could happen soon. The Avalanche ETF rumor is one fundamental factor driving investors and analysts’ forecasts on AVAX’s potential to hit $50.
According to a Bloomberg Avalanche ETF report, there is a strong possibility that the market will see an Avalanche ETF before the end of the year.
Moreover, while the ETF speculations continue to raise the market-wide sentiment, recent partnerships also bring in institutional demand. are some of the top institutions with which Avalanche has recently partnered for tokenized assets. Analysts are already falling behind the Avalanche price prediction of $50 as recent growth shows the project’s rising adoption.
