Avalanche ($AVAX) Crypto Forecast: Up 10.4% Today

What is Avalanche?

AVAX is the native token of the Avalanche platform, a decentralized blockchain network known for its high throughput and low latency.

Why is Avalanche going up?

AVAX crypto is up 10.4% on Mar 24, 2025 5:40

• AVAX's price surged by 7% today, surpassing the $21 mark.
• Investor optimism is driving bullish momentum, with expectations of a significant rally in the near future.
• Despite a recent 3% drop in Avalanche's value, some traders took this as an opportunity to book profits before the uptrend continued.
• Speculation surrounding Ozak AI's potential as the next multi-billion-dollar cryptocurrency is bolstering market sentiment, positively impacting AVAX.

AVAX Price Chart

AVAX Technical Analysis

AVAX News

Avalanche Price Forecast: AVAX bulls aim for double-digit rally amid increase in bullish bets

Avalanche (AVAX) price extends its gains by 7%, trading above $21 on Monday after rallying almost 9% the previous week.

https://www.fxstreet.com/cryptocurrencies/news/avalanche-price-forecast-avax-bulls-aim-for-double-digit-rally-amid-increase-in-bullish-bets-202503240521

AVAX price prediction – Could bulls trigger a near-term rebound now?

AVAX price prediction – Could bulls trigger a near-term rebound now?

https://ambcrypto.com/avax-price-prediction-could-bulls-trigger-a-near-term-rebound-now/

Could Ozak AI Be the Next Multi-Billion-Dollar Crypto? Here’s Why Some Experts Think So

Could Ozak AI Be the Next Multi-Billion-Dollar Crypto? Here’s Why Some Experts Think So

https://www.livebitcoinnews.com/could-ozak-ai-be-the-next-multi-billion-dollar-crypto-heres-why-some-experts-think-so/

Avalanche Falls More Than 3% In 24 hours

Avalanche Falls More Than 3% In 24 hours

https://www.benzinga.com/insights/cryptocurrency/25/03/44418995/avalanche-falls-more-than-3-in-24-hours?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

Workflow Protocol Developer Halliday Bags $20M Series A Led by A16z Crypto

Workflow Protocol Developer Halliday Bags $20M Series A Led by A16z Crypto

https://www.nftgators.com/workflow-protocol-developer-halliday-bags-20m-series-a-led-by-a16z-crypto/

Trending Today

Mantle ($MNT) Crypto Forecast: Up 6.6% Today

NEAR Protocol ($NEAR) Crypto Forecast: Up 5.1% Today

Pepe ($PEPE) Crypto Forecast: Up 5.3% Today

Solana ($SOL) Crypto Forecast: Up 6.1% Today

Chainlink ($LINK) Crypto Forecast: Up 5.0% Today

TRON ($TRX) Crypto Forecast: Down 5.1% Today

Sonic (prev. FTM) ($S) Crypto Forecast: Up 13.3% Today

Avalanche ($AVAX) Crypto Forecast: Up 10.4% Today

Algorand ($ALGO) Crypto Forecast: Up 5.1% Today

Polkadot ($DOT) Crypto Forecast: Up 5.4% Today

Avalanche Price History

16.02.2025 - AVAX Crypto was down 5.0%

• A $4 million investment in Avalanche and Mantle could have initially bolstered confidence in AVAX.
• Portfolio losses by a firm backed by Trump could have led to a sell-off in AVAX.
• ETF proposals by Vaneck aiming to bring AVAX to traditional markets might have stirred mixed reactions, with some investors awaiting regulatory clarity before making further decisions.
• The crypto market's general sentiment of notable surges and fluctuations could have contributed to the volatility, influencing AVAX's bearish trend.

16.02.2025 - AVAX Crypto was up 5.2%

• The positive movement in AVAX is believed to be linked to the announcement of VanEck's plan to launch an ETF centered on AVAX, hinting at potential mainstream acceptance and heightened institutional interest in the token.
• Speculation about AVAX's entry into traditional markets via the ETF proposal likely fostered optimism among investors, boosting demand and pushing up the token's value.
• The market trend towards regulated investment options such as ETFs for cryptocurrencies could be interpreted as a vote of confidence in AVAX's future growth prospects, further fueling the upward momentum.
• Despite mentions of price decreases in other tokens like Pi Coin, the attention on AVAX's ETF suggestion appears to have overshadowed any negative sentiment in the wider cryptocurrency market, contributing to AVAX's robust bullish movement today.

17.02.2025 - AVAX Crypto was down 5.7%

• The filing for an AVAX ETF could potentially bring more mainstream attention and investment to Avalanche, but this positive development was overshadowed by bearish market sentiment.
• Speculation about AVAX potentially declining to the $14.5 support level might have increased selling pressure and contributed to the bearish trend.
• A $4 million investment in AVAX by Trump-linked DeFi project WLFI and World Liberty Financial could not counterbalance the prevailing negative market sentiment, leading to a bearish trend in AVAX.
• The information about Trump-backed World Liberty Financial experiencing significant losses in their portfolio may have unsettled investors, further exacerbating the selling pressure on AVAX and influencing its bearish movement.

17.02.2025 - AVAX Crypto was down 5.5%

• The bearish movement in AVAX could be attributed to profit-taking by investors after a recent price surge, leading to a short-term correction.
• The news of World Liberty Financial investing $4 million in Avalanche and Mantle may have initially sparked positive sentiment, but the subsequent report of portfolio losses reaching $118 million could have raised concerns about the sustainability of the investment.
• Vaneck's proposal for an ETF involving AVAX might have generated excitement in the market, but the lack of immediate implementation could have disappointed investors, contributing to the bearish trend.
• Overall, the combination of profit-taking, mixed news sentiment, and market volatility likely led to AVAX's bearish movement despite the positive developments in the ecosystem.

24.02.2025 - AVAX Crypto was up 10.4%

• AVAX's price surged by 7% today, surpassing the $21 mark.
• Investor optimism is driving bullish momentum, with expectations of a significant rally in the near future.
• Despite a recent 3% drop in Avalanche's value, some traders took this as an opportunity to book profits before the uptrend continued.
• Speculation surrounding Ozak AI's potential as the next multi-billion-dollar cryptocurrency is bolstering market sentiment, positively impacting AVAX.

14.02.2025 - AVAX Crypto was up 5.0%

• AVAX saw a bullish movement following a major asset management giant filing for an Avalanche (AVAX) ETF in Delaware. This news likely sparked investor interest and confidence in AVAX.
• The filing for an ETF indicates a growing institutional interest in AVAX, potentially attracting more investors to the token.
• The positive sentiment surrounding AVAX amidst the ETF filing news overshadowed the general market trend, as other altcoins faced selling pressure due to concerns like a major stock index nearing a significant technical pattern and investor sentiment towards another cryptocurrency weakening after a notable price decline.

11.02.2025 - AVAX Crypto was up 6.2%

• AVAX experienced a strong bullish movement today.
• The bullish trend could be attributed to recent developments in the US, signaling potential mainstream adoption and increased institutional interest in AVAX.
• Positive market sentiment surrounding regulatory news may have contributed to the surge in buying pressure and subsequent price increase.
• This development indicates growing confidence in AVAX's long-term potential and could potentially attract more investors seeking exposure through regulated investment vehicles.

13.02.2025 - AVAX Crypto was up 5.4%

• AVAX saw a strong bullish movement today, likely fueled by the news of VanEck, a major asset management giant, filing for an AVAX ETF in Delaware. This announcement has sparked optimism and confidence in the market, leading to increased demand for AVAX.
• The positive sentiment surrounding the potential AVAX ETF has attracted more investors to the token, driving up its price significantly.
• Additionally, the overall positive market sentiment, with Bitcoin stabilizing at $83K after CPI data, has created a favorable environment for AVAX to thrive, contributing to its impressive bullish movement today.

12.02.2025 - AVAX Crypto was up 6.7%

• The bullish movement in AVAX today can be attributed to the filing of an Avalanche ETF by VanEck, a prominent asset management giant. This development signals growing institutional interest in AVAX and the broader cryptocurrency market.
• The filing of an ETF proposal by VanEck indicates a potential influx of traditional investors into AVAX, leading to increased demand and driving up the token's price.
• Investors are optimistic about the future price trajectory of AVAX following VanEck's registration for the Avalanche ETF, as it could pave the way for broader adoption and price recovery in the near term.

19.02.2025 - AVAX Crypto was up 5.9%

• AVAX experienced a strong bullish movement today.
• The $20M Series A funding led by A16z Crypto for Workflow Protocol Developer Halliday could have sparked positive sentiment in the crypto market, indirectly benefiting AVAX.
• The anticipation of a potential price explosion with the filing of the SUI ETF by Canary Capital might have generated excitement among investors, contributing to the bullish trend of AVAX.
• The collaboration between Ethena Labs and Securitize to launch the new Converge Blockchain could have brought attention to blockchain projects, including AVAX, leading to increased demand.
• President Trump's World Liberty Financial purchasing more crypto despite significant losses might have signaled confidence in the market, influencing positive market sentiment and benefiting AVAX.

22.02.2025 - AVAX Crypto was up 5.0%

• AVAX saw a significant upward movement today, likely influenced by optimistic market sentiment and growing investor confidence.
• Speculations on a potential price increase in the short term might have enticed more buyers to join the market for the token.
• Despite a recent price decline, the optimistic projections and the potential for expansion, particularly following news of projects like Ozak AI and Workflow Protocol, could have played a role in the upward surge.
• The expectation of Canary Capital applying for a cryptocurrency-related ETF may have also generated excitement around AVAX and the wider cryptocurrency market, driving the upward momentum.

20.02.2025 - AVAX Crypto was down 5.4%

• The bearish movement in AVAX could be attributed to profit-taking by investors after a period of significant price gains.
• Positive developments in the crypto industry, such as a Workflow Protocol Developer securing a substantial Series A funding, may have drawn attention and capital away from AVAX.
• The filing for a new ETF by Canary Capital could have shifted investor focus towards other potential investment opportunities, impacting AVAX negatively.
• The filing with the SEC by Hashdex to add popular coins like XRP, ADA, and SOL to its Crypto Index ETF might have influenced traders to move away from AVAX, contributing to its bearish movement.