Avalanche (AVAX) isn’t having the best week. The token’s been sliding steadily, and the red candles keep stacking up. Over the last 24 hours, AVAX slipped another 1.31%, and zooming out, the weekly chart paints a grimmer picture — down roughly 11.7%. Selling pressure is rising, investor confidence feels thin, and the momentum just hasn’t found its footing yet.
At the moment, AVAX trades around $20.40, with 24-hour volume jumping nearly 39% to $579.89 million. Normally, a volume spike would suggest more action, maybe even a recovery brewing. But in this case, it looks more like panic trading than fresh buying. The token’s market cap now sits near $8.7 billion, reflecting that the bears are still steering the Avalanche ship.
Avalanche Foundation Raises $1B to Fuel U.S. Growth
Amid the weak market tone, there’s at least one big headline worth noting. According to Crypto News Hunters, the Avalanche Foundation just raised a hefty $1 billion to build out AVAX Treasury firms across the U.S. This isn’t just a random raise — it’s a push to cement Avalanche’s footprint in the American blockchain scene.
The program aims to drive innovation, pump liquidity, and back long-term builders within the AVAX ecosystem. It’s basically a signal flare that Avalanche isn’t slowing down, even as its price struggles. The Treasury will focus on nurturing new projects, supporting strategic ventures, and keeping AVAX positioned as a competitive layer in the broader Web3 infrastructure.
It’s a strong fundamental move — but for now, the price action hasn’t caught up to the ambition.
AVAX Chart Points to a Massive Potential Rally Toward $200
Prominent analyst Hailey LUNC sees something interesting in the charts: a long squeeze, then expansion. AVAX has spent years trapped between declining resistance and steady rising support, consolidating between $10 and $40 — basically stuck in limbo. But as history shows, such compression can often lead to an explosive breakout.
According to her outlook, the late 2025 window might be when things flip. A breakout could send AVAX to $75, then $125, and possibly even touch $200 if momentum holds. Sounds wild, sure, but crypto’s done stranger things. She points out that disbelief often comes right before a breakout — and Avalanche might just be entering that phase.
As the broader crypto market leans bullish again, Avalanche could end up riding the next wave of recovery. Its growing list of partnerships and surging on-chain activity might fuel that upside. For now though, it’s still whispering, not roaring.
Technicals Still Show Pressure, but a Reversal Could Be Near
The weekly chart isn’t exactly screaming “bullish” yet. The RSI hovers near 43.7 — below the neutral 50 mark — hinting that sellers still have the upper hand, though the market isn’t quite oversold. If RSI manages to climb back above 50, that could flip the tone fast, but it hasn’t happened yet.
Meanwhile, the MACD isn’t helping the bulls either. The MACD line sits under the signal line, with the histogram printing red — a sign that momentum’s still favoring the downside. The good news? The crossover’s happening close to the zero line, which often means a potential trend shift is brewing.
The Bottom Line
AVAX’s short-term outlook looks shaky, no doubt, but fundamentals remain strong. A $1 billion expansion plan, technical consolidation, and long-term growth strategy hint that Avalanche’s story isn’t over — just paused.
If AVAX can hold above $20 and regain the $25 zone, confidence could start returning. Until then, the market’s message is simple: accumulation is quiet, but the patient might just get their reward.
