AVAX DEX Volume Climbs Sharply in September, Boosting Recovery Outlook
Avalanche (AVAX) had a booming September, with DEX buying and selling quantity hitting a three-year high and a billion-dollar treasury deal. There can also be rising curiosity from ETF issuers in AVAX.
At the identical time, technical alerts point out that AVAX is at a vital stage for a possible breakout if it could actually keep key assist. This image opens up expectations for a brand new progress cycle of Avalanche in the medium time period.
Avalanche’s Key Events and Notable Figures
This previous September, the Avalanche (AVAX) ecosystem recorded spectacular numbers after a interval of stagnation. According to official statistics, DEX buying and selling quantity on Avalanche reached $17.4 billion, the best stage in the final three years.
Data from DefiLlama additionally reveals that Avalanche at present ranks because the seventh largest platform by DEX buying and selling quantity in the previous 30 days.
In the final 24 hours alone, DEX quantity on Avalanche reached almost $690 million. This determine confirms liquidity returns and demonstrates consumer confidence in the chain’s DeFi infrastructure.
“Avalanche doesn’t decelerate, if something, we’ve received our pedal to the metallic” an optimistic X consumer shared.
Another spotlight is the announcement that Avalanche Treasury Co. (AVAT) entered a $675 million merger cope with Mountain Lake Acquisition Corp., to carry over $1 billion price of AVAX in its treasury after its anticipated Nasdaq itemizing in Q1 2026.
This is taken into account a strategic transfer to institutionalize capital inflows into the Avalanche ecosystem. It paves the best way for strong investments in RWA, stablecoins, and cost infrastructure.
At the identical time, as reported by BeInCrypto, Avalanche is expanding stablecoin payment adoption in South Korea and Japan, growing the blockchain’s real-world use circumstances. On the standard finance entrance, giants comparable to VanEck, Grayscale, and most not too long ago Bitwise have filed applications for AVAX ETFs, reflecting rising institutional curiosity in the token.
Thus, in only one month, Avalanche has converged three essential elements: booming on-chain liquidity, a large-scale strategic treasury, Anthony Scaramucci’s investment, and clear indicators of institutional capital curiosity. This kinds the muse for AVAX to regain its place in the crypto market.
Price Outlook Through the Lens of Technical Analysis
At the time of writing, knowledge from BeInCrypto reveals AVAX is buying and selling round $30.62, up 2% in the previous 24 hours and almost 30% in the previous month.
According to an statement from a dealer on X, the assist stage is $23.06, and the resistance stage is $36.14. Based on RSI, MACD, and Bollinger Bands indicators, the general tendency factors in the direction of a bearish development.
Another analyst on X famous that AVAX has simply accomplished a “resistance flip” — the place a earlier resistance zone turns into assist. The key worth stage is now $27: so long as AVAX holds above this threshold, short-term and medium-term uptrends stay intact.
“This has been an outperformer currently, so I’ve to imagine it is going to proceed to outperform in the meanwhile,” the analyst commented.
However, dangers can’t be ignored. On the one hand, large-scale offers like AVAT require time to materialize. If the method is delayed or conventional markets face macroeconomic turbulence, AVAX might face downward strain.
On the opposite hand, FOMO sentiment following ETF and stablecoin cost information might already be partly priced in, making the $27 assist stage all of the extra essential.
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