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  • Avalanche Foundation Plans $1 Billion Treasury Deals—Can AVAX Take Off?

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    The Avalanche Foundation is in advanced talks to set up two US digital asset treasury vehicles to raise roughly $1 billion that would purchase millions of AVAX directly from the foundation at a discount, according to the Financial Times.

    Avalanche Foundation’s $1 Billion Buy Plan

    One vehicle, led by Hivemind Capital, would seek up to $500 million via a Nasdaq-listed company with Anthony Scaramucci advising; a second, sponsored by Dragonfly Capital, would be a $500 million SPAC. People familiar said the deals could close within weeks; Hivemind confirmed it was working on a deal, while the foundation declined to comment. Currently, AVAX has a 720 million max supply with about 420 million in circulation.

    Digital-asset treasury companies—public or listed vehicles that raise capital to hold crypto on balance sheet—have proliferated this year and helped drive new demand across tokens. In parallel to Avalanche’s effort, Hong Kong’s HashKey Group this week unveiled a $500 million fund dedicated to DAT strategies, underscoring institutional interest in standardized structures for accumulating digital assets.

    Market plumbing is tightening at the same time. Nasdaq has moved to increase scrutiny of companies that issue stock primarily to buy crypto, a shift that has already pressured several “crypto treasury” names and could slow timelines for some new formations. The exchange is seeking enhanced disclosures and in some cases shareholder votes for such capital raises.

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    Scaramucci’s presence in the Avalanche orbit predates today’s development. On August 19, SkyBridge Capital said it would tokenize $300 million of hedge fund assets on Avalanche in partnership with Tokeny and Apex Group. “Tokenizing our funds on Avalanche … represents a significant step forward in modernizing the alternative investment landscape,” Scaramucci said at the time.

    Avalanche has also courted traditional finance through tokenization pilots and money-market-style products. VanEck, working with Securitize, launched a tokenized US Treasury fund whose tokens exist on Avalanche alongside other chains, part of a broader push positioning the network for capital-markets use cases referenced in the FT report.

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    Dragonfly’s involvement tracks with prior Avalanche financing. In December 2024 the foundation raised $250 million via a locked token sale led by Galaxy Digital, Dragonfly and ParaFi, providing a precedent for large, structured AVAX transactions backed by major crypto investors.

    Will It Impact AVAX Price?

    If completed as described by the FT, the two US vehicles would initially acquire discounted AVAX held by the foundation, with the first deal targeted to wrap by month-end and the SPAC later.

    Due to the transactions being executed off-exchange directly with the Foundation, they will not mechanically move spot order books at execution. However, the signaling of $1 billion in structured demand can still influence price indirectly via positioning and liquidity—tightening effective float if tokens are locked or staked, or capping rallies if discounted inventory is later hedged or distributed—so the net effect hinges on lockups, retention, and on-chain demand growth.

    At press time, AVAX traded at $28.72.

    Avalanche AVAX price
    AVAX faces the EMA200, 1-week chart | Source: AVAXUSDT on TradingView.com

    Featured image created with DALL.E, chart from TradingView.com

    Jake Simmons

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  • Analyst Predicts AVAX Breakout: Is $30 The Next Target?

    Analyst Predicts AVAX Breakout: Is $30 The Next Target?


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    Avalanche (AVAX) is trading around $25 after a 10% surge since last Thursday, as the broader crypto market shows signs of recovery. Bitcoin and most altcoins are trending up from their yearly lows, with AVAX at a critical price level that could shape its price action in the weeks ahead. 

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    Analysts and investors are closely monitoring the situation, predicting significant volatility for Avalanche. Many are calling for a potential change in trend, with some projecting a sharp and aggressive rally if AVAX can break its weekly bearish structure. 

    However, this volatility could also lead to downside risks if key support levels are lost. The next few days will be crucial in determining whether AVAX can capitalize on the market momentum or face more turbulence.

    Avalanche Change Of Trend Will Lead To Higher Prices

    The market is at a turning point, as previously fearful investors are starting to feel encouraged by recent price action. Avalanche (AVAX) has surged by 25% from its local lows since September 6 and is now trading at a key level that could determine its price direction for the coming months. 

    This crucial level has caught the attention of analysts and investors alike, particularly one prominent analyst, Daan, who shared his technical insights on X.

    AVAX Attempting to break out of the down trend channel. | Source Daan on X AVAXUSDT Chart on TradingView

    In his analysis, Daan points out a well-defined bearish channel that has held AVAX in a downtrend for several months. However, AVAX is now attempting to break out of this descending channel, a move that could signal the end of its bearish phase.

    If AVAX successfully breaks the $25 resistance level, Daan predicts the price could quickly move toward $28. This break would represent a significant shift in the short- to mid-term trend, potentially flipping market sentiment and setting the stage for more upside.

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    A successful breakout would likely ignite a fresh wave of buying pressure, with analysts projecting an aggressive rally toward $30 or higher in the coming weeks. The next few days will be crucial, and any failure to break resistance could see AVAX fall back into the bearish channel, retesting lower support levels.

    AVAX Price Action: Key Levels To Watch

    AVAX is trading at $25.04 after a 4-hour uptrend, marked by higher highs and higher lows. This positive movement followed a break past the 4-hour 200 exponential moving average (EMA), which AVAX successfully tested as support last Thursday, signaling short-term strength. This move has encouraged bullish sentiment among traders.

    AVAX 4H uptrend sustained by the 200 EMA as support.
    AVAX 4H uptrend sustained by the 200 EMA as support. | Source: AVAXUSDT chart on TradingView

    The following key challenge for AVAX is to break through the $28 resistance level. Doing so would confirm a more significant uptrend and signal a change in structure on higher timeframes, potentially setting the stage for even higher prices in the coming weeks.

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    However, if AVAX fails to maintain its position above the 4-hour 200 EMA, currently at $23.5, the price could experience volatility or a deeper correction, with lower demand levels likely being tested.

    Featured image from Dall-E, chart from TradingView

    Sebastian Villafuerte

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  • AVAX Price Closes In On $40 With Latest 10% Surge

    AVAX Price Closes In On $40 With Latest 10% Surge


    The Avalanche token has been in a positive form recently, with the AVAX price turning in a good performance over the past week. This latest price boost makes a run to the $40 level more or less inevitable for the altcoin.

    However, investors are curious to see how long this rally will last, especially with the unlocking of a substantial amount of AVAX tokens on the horizon.

    AVAX Price Overview

    As of this writing, the AVAX price is slightly above $39, reflecting a nearly 8% jump in the last 24 hours. This recent increase only underscores how well the cryptocurrency has been performing in recent weeks.

    According to data from CoinGecko, the value of the Avalanche token has increased by approximately 10% in the past week. After sinking to a low of $28 in late January, AVAX’s price has recovered quite well in the new month, surging by more than 17% since February started.

    With the latest price growth, Avalanche looks set to reclaim $40, a level it occurred between December 2023 and early January 2024. The token, however, lost this level due to the downturn that hit the entire crypto market following the Bitcoin spot ETF approval.

    With $40 already in sight, the question is whether AVAX can sustain a rally above this mark in the long term. While price indicators like the Relative Strength Index (RSI) are not showing any signs of trend reversal, upcoming events suggest that the Avalanche token might need to overcome some degree of bearish pressure in the coming days.

    Avalanche To Unlock About $370 Million Worth Of Tokens

    According to on-chain data, Avalanche will unlock 9.54 million tokens (worth about $372 million) on February 22. This figure represents about 2.6% of AVAX’s total supply and will be disbursed in four tranches.

    Breaking it down, 2.25 million AVAX is expected to go to strategic partners, 1.67 million coins to the foundation, 4.5 million tokens to the Avalanche team, and 1.13 million AVAX are set to be released in a little over a week.

    It is common for crypto projects to execute token unlocks, which may have a corresponding impact on the value of the unlocked token (AVAX, in this case). This effect is because this substantial amount of token, once unlocked, may become available for trading on the open market.

    If these newly unlocked tokens are dumped on the open market, this can place some bearish pressure on the burgeoning price of AVAX. This selling pressure could halt the recent growth of the Avalanche token.

    AVAX price approaches the $40 mark on the daily timeframe | Source: AVAXUSDT chart on TradingView

    Featured image from iStock, chart from TradingView

    Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.



    Opeyemi Sule

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  • Bullish Sentiment Surrounds AVAX Price As Republic Adopts Avalanche Blockchain

    Bullish Sentiment Surrounds AVAX Price As Republic Adopts Avalanche Blockchain

    Tech firm Republic has recently announced its mission to democratize private market investing, with the selection of Avalanche as the platform for launching its profit-sharing digital asset, the Republic Note (R/Note).

    The R/Note is a revenue-sharing digital security that is backed by Republic’s private equity portfolio, which includes over 750 assets.

    Republic And Avalanche Forge Partnership

    According to Republic’s announcement, Avalanche was chosen for several key reasons. Firstly, its scalability and speed ensure that Republic Note holders can enjoy seamless and cost-effective transactions. 

    Notably, Avalanche has established partnerships with renowned brands like Amazon Web Services and Mastercard, highlighting its technical capabilities.

    Additionally, Republic plans to launch a dedicated Subnet on Avalanche next year, offering a purpose-built network specifically designed for the Republic Note. 

    This will provide enhanced security, privacy, and regulatory compliance, creating a robust digital security environment.

    Mission alignment between Republic and Ava Labs, the team behind Avalanche, is another crucial factor. Per the announcement, both entities share a commitment to fostering a more inclusive future for financial markets through tokenization.

    Furthermore, Avalanche’s “eco-friendliness” sets it apart from other blockchains, consuming significantly less energy, per the announcement. 

    The pre-sale of Republic Notes has already attracted participation from thousands of individual retail investors, resulting in pre-sales exceeding $30 million. The public listing of the Republic Note is scheduled for December. 

    Optimism For AVAX Price

    The partnership between Republic and Ava Labs is anticipated to have a positive impact on the AVAX price. The launch of the Republic Note on Avalanche’s platform establishes a strong foundation for expanding its reach to a global audience of investors. 

    Despite a 5% decline in the past 24 hours, AVAX has outperformed major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), with a 130% rally over the past 30 days, positioning itself as one of the industry’s top performers.

    AVAX’s price correction over the past 24 hours on the daily chart. Source: AVAXUSDT on TradingView.com

    However, it is important to note that AVAX has recently undergone a correction, and its ability to surpass the $20.64 level will be crucial in determining its prospects amidst the ongoing bullish momentum.

    Resistance levels at $21.59 and $22.74 have proven challenging for AVAX to breach and consolidate since February 2023.

    Overall, the forthcoming launch of the Republic Note on Avalanche’s mainnet is a significant milestone in making the asset accessible to pre-sale participants who have contributed over $30 million. 

    It remains to be seen whether this partnership can further bolster AVAX’s price and reinforce the positive trend observed over the past 30 days, potentially driving AVAX to new yearly highs in 2023.

    The collaboration between Republic and Ava Labs underscores their shared vision of democratizing access to private markets through tokenization. 

    Featured image from Shutterstock, chart from TradingView.com

    Ronaldo Marquez

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  • AVAX Price Prediction: Avalanche Bulls Are Just Getting Started

    AVAX Price Prediction: Avalanche Bulls Are Just Getting Started

    AVAX price rallied over 50% and climbed above $22.50. The price might correct lower but there could be more upsides above $25.

    • AVAX price is showing a few positive signs above the $20 level against the US dollar.
    • The price is trading above $22 and the 100 simple moving average (4 hours).
    • There is a key bullish trend line forming with support near $20.50 on the 4-hour chart of the AVAX/USD pair (data source from Kraken).
    • The pair could continue to rise if there is a clear move above the $24.50 and $25.00 resistance levels.

    AVAX Price Doubles In Value In Few Days

    After forming a base above the $10.00 level, Avalanche’s AVAX started a major rally, outperforming Bitcoin and Ethereum. There was a clear move above the $15 and $20 resistance levels.

    The price gained over 50% in the past few days and even cleared the $22.50 resistance. A new multi-week high was formed near $24.70 and the price is now consolidating gains. There was a minor decline below the $22.50 level.

    The price declined below the 23.6% Fib retracement level of the upward move from the $15.59 swing low to the $24.70 high. However, the bulls were active above $20.00.

    AVAX price is now trading above $22.00 and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support near $20.50 on the 4-hour chart of the AVAX/USD pair. On the upside, an immediate resistance is near the $24.50 zone.

    Source: AVAXUSD on TradingView.com

    The next major resistance is forming near the $25.00 zone. If there is an upside break above the $24.50 and $25.00 levels, the price could surge over 20%. In the stated case, the price could rise steadily towards the $30 level.

    Dips Limited in Avalanche?

    If AVAX price fails to continue higher above the $24.50 or $25.00 levels, it could start a downside correction. Immediate support on the downside is near the $22.50 level.

    The main support is near the $20.50 zone. A downside break below the $20.50 level could open the doors for a fresh decline towards $18. The next major support is near the $15.50 level.

    Technical Indicators

    4 hours MACD – The MACD for AVAX/USD is gaining momentum in the bullish zone.

    4 hours RSI (Relative Strength Index) – The RSI for AVAX/USD is now above the 50 level.

    Major Support Levels – $22.50 and $20.50.

    Major Resistance Levels – $24.50, $25.00, and $30.00.

    Aayush Jindal

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  • Avalanche Shines With A 31% Rally – Can AVAX Bulls Maintain Push To $22?

    Avalanche Shines With A 31% Rally – Can AVAX Bulls Maintain Push To $22?

    Avalanche (AVAX) has had a relatively quiet second half of 2023 regarding price performance and ecosystem advancements. However, the token experienced a mesmerized turnaround towards the end of October, which has seen its value rise almost vertically in the past few weeks.

    Avalanche’s positive run coincides with an optimistic climate in the general crypto market, as investors appear to be more interested in various digital assets. While Bitcoin, the premier cryptocurrency, continues to hold its own above the $37,000 mark, most altcoins seem ready to take advantage of changing market sentiment.

    Avalanche Displays Strength With 31% Rally – Price Overview

    The Avalanche price reached a yearly low of $8.78 in late September, forming the bottom for a trend reversal. The cryptocurrency’s price has been on a bullish run since then while looking to reclaim the highs achieved at the beginning of 2023.

    As of this writing, the AVAX token is valued at $18.58, reflecting a massive 31% price increase in the past 24 hours. Meanwhile, the price of the altcoin has swelled by more than 48% in the weekly timeframe.

    A broader look at the Avalanche price chart further highlights the token’s strength and attractiveness over the past few weeks. According to CoinGecko data, the value of AVAX has more than doubled in the past month.

    Avalanche’s positive price action – in such a short timeframe – further emphasizes the favorable sentiment currently brewing in the general crypto market. Investors have also seen other altcoins, like Solana, Ethereum, and Chainlink, go on an upward trajectory in the past weeks.

    Based on data from CoinMarketCap, AVAX has witnessed more than an 85% increase in its daily trading volume. Meanwhile, the token’s current market cap of roughly $6.68 billion reflects a 31% jump in the past day. 

    Can AVAX Maintain Bullish Momentum To $22?

    Many investors would be watching to see how far the Avalanche token can keep up with its red-hot momentum. And this makes sense, considering that the cryptocurrency was one of the best performers in the last bull market, rallying to a peak of $145.

    In the short term, price action data suggests AVAX might be able to break above the psychological $20 level without much resistance. Nevertheless, investors should watch out for the $22 threshold, as it has proven to be a significant resistance zone in the past.

    If Avalanche manages to breach and close above the $22 price mark, the token’s price could experience a parabolic run to $60. On the flip side, if the resistance level holds strong, the AVAX price could fall to find support at around $15. 

    Avalanche price continues upward trajectory on the daily timeframe | Source: AVAXUSDT chart on the TradingView

    Featured image from IQ.wiki, chart from TradingView

    Opeyemi Sule

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  • Avalanche Is Sunsetting SnowTrace: Big Upgrade For Developers?

    Avalanche Is Sunsetting SnowTrace: Big Upgrade For Developers?

    Avalanche, a platform claiming to have solved the blockchain trilemma of scalability, security, and decentralization, is retiring SnowTrace, a Contract Chain (C-Chain) explorer run by Etherscan, by the end of November. According to Emin Gun Sirer, the founder of Ava Labs, the team developing Avalanche, the new explorer, will be developed in-house and boast more capabilities, potentially enhancing user experience.

    Avalanche Phasing Out SnowTrace

    The transition set for roughly within a month means the current SnowTrace website will instead be re-routed to a new website. Therein, users seeking to explore the entire Avalanche blockchain, including the three chains, will be free to do so. 

    With the team retiring the Etherscan-led SnowTrace for their version, Avalanche assured users that operations will remain as it is. Notably, the team said there would be no service disruption; instead, only the back end would be switched. What’s extended is that all Avalanche users will not only search the C-Chain but are free to explore all the sub-nets. 

    SnowTrace was only used to search the C-Chain, a wing of Avalanche compatible with the Ethereum Virtual Machine (EVM). Out of the C-Chain, users are free to deploy protocols compatible with Ethereum. By transitioning to a new explorer, the developer team hopes to once and for all remove the limitations of the SnowTrace explorer. 

    Since the platform can scale horizontally, the network relies on subnets. A subnet is a customized blockchain that serves the needs of a specific decentralized application (dapp), such as those of businesses or even high-intensive gaming or social media platforms. They are autonomous, meaning while the mainnet secures them, operators can establish their rules, issue their tokens, and even have unique validator requirements. 

    All subnet operators must stake AVAX to launch. The amount of AVAX staked varies depending on the specifications of each chain. Every subnet is independent and linked to the mainnet via the Platform Chain (P-Chain), which runs validator registration and consensus.

    Announcement Came Too Soon? AVAX Up 30% From Q4 Lows

    While the team said the move is expected to be smooth, one developer and founder complained on X that the one-month notice period is short. Instead, Ava Labs should have announced the transition months in advance for businesses and developers reliant on SnowTrace for on-chain data to prepare before the explorer is phased out.

    Related Reading: VanEck Goes Back To The Drawing Board: Unveils Revised Spot Bitcoin ETF Filing

    Avalanche price on October 30| Source: AVAXUSDT on Binance, TradingView

    AVAX prices remain steady at spot rates, edging higher. As of writing, the coin is trading at around October highs, adding roughly 30% from Q4 2023 lows.

    Feature image from Canva, chart from TradingView

    Dalmas Ngetich

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