Avalanche Transactions Surge 275% Driven by Institutional RWA Interest

Avalanche ($AVAX) has seen a significant increase in daily transactions, surging by nearly 300% since May. This surge is indicative of a renewed interest and activity within the Avalanche network, which has been thriving due to the tokenization of real-world assets (RWA) driven by institutional investors. The network's adoption rate by institutional investors has been notable, positioning Avalanche as a key player in the RWA tokenization space.
The Avalanche network has recorded a 275 percent increase in the number of daily transactions since May 2025, reaching approximately 759,000 transactions. This marks a significant resurgence in activity after a period of dormancy over the past 12 months. The network's development in RWA projects has been particularly impressive, ranking second only to Chainlink according to market data analysis from Santiment. This highlights Avalanche's growing importance in the tokenization of real-world assets, a sector that is increasingly attracting institutional interest.
In terms of price performance, AVAX has been consolidating in a bullish continuation pattern. The price has been fluctuating within a range, with a critical support zone established at around $20.25. This support level has shown resilience against downward price movements, indicating a potential for further upward momentum. The recent price rebound coincides with rising calls for an altseason in 2025, as well as a macro reversal pattern in Bitcoin dominance, which suggests a notable cash inflow to altcoins.
In the 4-hour timeframe, AVAX price has been consolidating since late April after a successful breakout from a falling logarithmic trendline. The recent price pump has seen AVAX break out of a falling wedge pattern, signaling further bullish sentiment in the near future. The 4-hour MACD line crossing above the zero line indicates rejuvenated bullish sentiment. A consistent close above $25 could trigger a bull rally towards the next short-term target of about $35.
The short-term forecast for AVAX suggests a potential price range between $21.53 and $21.85 over the next 24 hours, with a predicted price of $21.43 for the following day. This forecast indicates a slight upward trend in the near term, although it is subject to market volatility and other external factors. Several analysts have provided long-term price predictions for AVAX, with projections ranging from $240 by 2027 to $83.90 by 2026, representing significant gains from its current price. These forecasts are based on various factors, including market trends, technological advancements, and the overall adoption of the Avalanche platform.
The recent surge in AVAX's price above $20 has been attributed to a resurgence of interest in gaming, particularly with the launch of new gaming projects. This increased interest has contributed to a nearly 3% increase in AVAX's price over the last 24 hours, highlighting the potential for further price appreciation in the near term. However, it is important to note that price movements in the cryptocurrency market can be highly volatile, and investors should exercise caution when making investment decisions.

Comments
No comments yet