Bitcoin

Will It Spark Bullish Momentum for AVAX?

  • The avalanche ecosystem has increased considerably in the past year supported by institutional investors seeking tokensize Rwas.
  • Avax Price has already emerged from a correction phase of several weeks, in the middle of an increasing cryptographic bullish impulse.

After months of meticulous research and development, the Avalanche Foundation, in close collaboration with Rain, a payment card supported by a crypto-visa, launched the Avalanche card on Monday, April 21 during the American negotiation session in the middle of the north.

The Avalanche card allows holders to access their cryptographic assets – initially including Avx, USDC and USDT – perfectly in the world online or in stores. The Avalanche card is directly linked to the user’s self-care portfolio and will not offer any conversion costs.

Explosive avalanche growth

The Avalanche network has increased to a dynamic web3 ecosystem, with more than $ 1.23 billion in total locked value and more than $ 1.7 billion in stable market capitalization. Over the past two years, the Avalanche network has drawn significant attention from institutional investors seeking real assets to Tokenize.

For example, Blackrock and Securitize launched the Buidl Fund on Avalanche Network and more than $ 500 million. Citibank has in the past explored various cases of the use of blockchain on the Avalanche network, including the tokenization of Rwas.

AVAX price analysis

Since the beginning of 2025, Avax Price has been trapped in a correction mode, catalyzed by macroeconomic factors and low demand for altcoins. However, the large capitalization Altcoin, with an entirely diluted assessment of around $ 14.3 billion and an average negotiation volume of around $ 343 million, potentially reached its correction fund and is ready for market reversal.

Within the daily time limit, Avx Price has already emerged from a logarithmic tendency fell established YTD. More importantly, Avx Price has already rebounded from a crucial level of support of around $ 16, which resulted in a double bottom coupled with a bullish divergence from the daily relative force index (RSI).

In the event of new cryptographic bullish feelings, Avax Price is well placed to reach at least 106 in the short term to exchange more than $ 40.

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