Recent data indicates significant growth in activity on the Avalanche platform. The project's perception is reinforced by the increase in transaction volumes and new initiatives.
Network Activity of Avalanche
In the past week, Avalanche (AVAX) processed 10.9 million transactions, marking the highest figure since December 2023. Prior to this, activity remained at 2-4 million transactions, but a sharp rise began in mid-2025 due to new app launches. Positive associations with partnerships, real asset tokenization, and gaming have been frequently highlighted.
Technical Analysis and Target Levels
CLS Global reports early signs of a bullish weekly structure, identifying a Fair Value Gap (FVG) in the $19 to $20 range. Trades above this area maintain a constructive outlook. Target values for growth are set at $27, $28, $31, and $34, and analysts have noted potential growth exceeding 70% from the FVG.
Grayscale Files for Avalanche Trust
Grayscale Investments has filed an S-1 form with the U.S. SEC to launch the Grayscale Avalanche Trust (AVAX), which aims to track the price of AVAX. Coinbase Custody will act as custodian, and Coinbase, Inc. will serve as prime broker. This product is expected to be listed on Nasdaq, potentially broadening access for market participants.
Avalanche showcases impressive results in transaction activity and volumes, signaling growing interest and participation in the project. Grayscale's initiatives create an additional wave of anticipation that could further enhance the platform's development.
