All eyes are on Avalanche as the token shows high potential to make revolutionary changes in the cryptocurrency market. As the AVAX token price continues to rise, the buzz surrounding its potential has reached a fever pitch. With only a handful of digital assets having achieved the coveted four-digit valuation mark, the community now anticipates the AVAX crypto to break barriers and join these major players like Bitcoin, Ethereum, and Binance Coin.
The stakes are high, but with its recent achievements and strong fundamentals, AVAX has what it takes to succeed. As the market waits with anticipation, one thing is clear- the next move will be crucial for determining the token’s future trajectory.
Avalanche (AVAX) Price in Green
Over the past year, the AVAX token has experienced a rollercoaster ride, with its price fluctuating rapidly. In December 2024, the cryptocurrency reached a high of $54, but exhibited a downturn soon. The latter part of the year saw a prolonged decline, with AVAX trading in the red for a prolonged period. By February 2025, the crypto had dropped to around $25, and it further declined to $16 by April 2025. The token remained in this negative zone until August, but September brought a turnaround, with AVAX surging to $31.
Currently, the AVAX token is trading in this range, having maintained an overall green trend for the past month. At press time, AVAX is valued at $30.20, up 8.77% in a week and a massive 20% in a month. However, it is down by a marginal 0.8% over the last 24 hours. Reflecting this daily decline, the traders’ engagement with the crypto has plummeted, with 24-hour trading volume reaching $1.11 billion, down 16%.
The recent price action suggests that the Avalanche token is still making strides in the positive territory, with investors eagerly watching its next move.
AVAX Eyes Potential Uptrend
Driven by the current positive trend, technical fundamentals, and recent developments, analysts and experts remain highly bullish about AVAX’s potential rally. Analysts like Crypto Duen believe that the next stop for the Avalanche crypto is $75.
Technical analysis suggests that the cryptocurrency is likely to move to the $32-$34 region if it sustains the $30 mark. If the rally continues, the next short-term target is $40. However, if it fails to break above $28, the price could drop to $24. It is noteworthy that the token holds key support levels at $28, $24, and $20. Crucial resistance levels are marked at $32-$34 and $40-$50.
DEX Volume Surge
DefiLlama data suggests that Avalanche is positioned 8th in terms of DEX trading volume over the past 30 days, reaching $17.92b. In the last day alone, the platform has gained $729.08m in DEX volume.
Will AVAX Join 4-Digit Giants?
Significantly, these bullish predictions of Avalanche take another level when analysts like Cryptollica predict its long-term rally to above $1,100. If attained, this would be a pivotal milestone, joining the exclusive club of cryptocurrencies that have achieved this feat.
Currently, only three digital assets- Bitcoin, Ethereum, and BNB- are trading above the $1,000 mark. BNB has recently demonstrated its strength, surpassing the $1k level and showing signs of further rally. If this momentum continues, it’s possible that AVAX could follow suit, joining the ranks of these prominent players. With its strong fundamentals and technical signals, AVAX is positioned to make a move towards the ambitious $1,000 target.
