Avantis (AVNT) has significantly increased by over 35% following its airdrop event, attracting the attention of large investors and impacting the cryptocurrency market.
Airdrop Sparks Surge
Avantis (AVNT), backed by Coinbase, saw a significant price increase of over 35% following its token airdrop. Key growth drivers include smart money accumulation and increased market share in the perpetuals sector on the Base layer-2 solution. The airdrop on September 9, 2025, led to immediate selling from recipients, yet it was followed by substantial buying from smart money investors and whales.
Market Impact and Future Outlook
The price surge has affected the cryptocurrency market, particularly Base ecosystem assets like AERO and Zora. Investor confidence is bolstered by increased whale activity and market speculation. The Total Value Locked in Avantis has jumped significantly, indicating strong protocol growth.
Smart Money Insights
Market analysts note that the increase in smart money and whale accumulation indicates a positive price outlook. Historical patterns with similar tokens show that the release of airdrops often leads to an initial sell-off, followed by subsequent rallies driven by informed investors. If AVNT continues on its current trajectory, it could become a dominant player in the decentralized perpetual contracts market.
In conclusion, the Avantis token demonstrates promising signs of growth, supported by active investments and increasing market trust. The success of the airdrop and the strengthening of whale positions may act as catalysts for further AVNT growth.