Avalanche (AVAX) Price Prediction: On-Chain Growth Sets Stage for Major Rally

2 days ago 7

Rommie Analytics

Avalanche is starting to look like one of the more active chains in crypto right now. With wallet growth exploding and daily transactions hitting all-time highs, the network is buzzing, even if the price hasn’t fully reacted yet. Participants are beginning to connect the dots, and if this kind of on-chain momentum keeps up, the Avalanche price prediction may start shifting higher and faster.

Avalanche Wallet Activity Spikes 400%

Avalanche is showing signs of serious momentum beneath the surface. Since May, monthly active wallets have surged by 400%, pushing the total past 2.2 million, according to data shared by the official Avalanche team. It’s a sharp, sustained uptick that speaks to growing traction across its ecosystem.

Avalanche Wallet Activity Spikes 400

Avalanche wallet activity skyrockets 400%. Source: Avalanche Foundation via X

DeFi liquidity is also heating up on Avalanche, giving users even more reason to stick around. And as network effects start compounding, this kind of address growth can turn into higher volume and deeper liquidity. If Avalanche can sustain this pace, other than fundamental growth, the price is also likely to benefit.

Avalanche On-Chain Usage Spikes Across the Board

Following the wallet spike, other onchains are also starting to show a major spike. According to new data shared by Doge Hippie, Avalanche has just printed one of its highest daily transaction counts ever, well over 12 million. Monthly transactions and active addresses are also following the same parabolic curve.

Avalanche On-Chain Usage Spikes Across the Board

Avalanche daily transactions surge past 12 million, marking one of the highest on record. Source: Doge Hippie via X

Interestingly, crypto analyst Doge Hippie believes this major spike in activity seems to be flying under the radar. Price hasn’t fully caught up to the metrics yet, which opens up an interesting window. When actual usage ramps before sentiment does, it’s usually only a matter of time before the market starts to follow the path.

AVAX Avalanche Price Taps Into Demand

While fundamentals are heating up, price action might finally be starting to move. As shown in this chart shared by Crypto Pirates, AVAX recently tapped a key daily demand zone just above $20. From a technical lens, this level has held firm multiple times, and this bounce may be the trigger the bulls were waiting for. The setup points to a clean path toward the “weak high” near $27, a level that’s ripe for a retest if momentum holds.

AVAX Avalanche Price Taps Into Demand

AVAX taps into the key daily demand zone. Source: Crypto Pirates via X

Crypto Pirates now eyeing this demand zone as a base for longs, especially with strong confluence from the broader on-chain growth. If price can maintain structure above $21.25 and follow the projected stair-step move higher, the breakout could line up perfectly with Avalanche’s rising user activity.

Sentiment Is Suggesting A Major Event Ahead

AVAX is riding a wave of underappreciated momentum, major partnership deals (including tokenization projects estimated at $240B), a threefold spike in daily active users over the past month, and C-Chain transaction volumes soaring past 13.9 million per day.

Sentiment Is Suggesting A Major Event Ahead

Avalanche C-Chain transactions surge past 13.9 million daily, hinting at major momentum building. Source: Hitesh via X

All of this signals a chain that’s expanding aggressively. With demand forming a base and usage rocketing in the background, Avalanche may be setting up for something more than just a short-term bounce. Crypto analyst Hitesh seconds that this growth hasn’t yet been fully priced in and could lead to a bigger Avalanche Price Prediction.

Avalanche Price Prediction Eyes $40 With Potential for $71

AVAX Avalanche price has been quietly consolidating for months within a clearly defined range, and that compression might finally be ready to unwind. According to Solberg Invest, the structure is tightening between a strong support base and descending resistance, forming a wedge that typically resolves in a sharp move. Technically, the chart is hinting at a mid-term breakout toward the $40 region, and if bulls can step in with volume and conviction to break the descending resistance, AVAX can extend higher towards $71.

Avalanche Price Prediction Eyes $40 With Potential for $71

AVAX forms wedge structure, with breakout targets set at $40 and extended potential toward $71. Source: Solberg Invest via X

Despite some attempts to break lower, the support hasn’t cracked. This kind of resilience often signals smart money accumulation, and as long as AVAX holds the base of this wedge, the risk-reward remains tilted in favor of the upside.

Final Thoughts

Avalanche is quietly building a case for a bigger move. With on-chain metrics strong and technicals showing signs of life from a key demand zone, the setup is starting to look aligned. The $21 to $27 range may be the next battleground, but if momentum holds and volume picks up, the Avalanche price prediction towards $40 isn’t out of reach.

Read Entire Article