- AVAX gained 6.7% on Monday morning, outpacing Bitcoin's 3.2% rise.
- 24h trading volume surged 139% to $291M on high-conviction buying.
- AVAX ETFs hold $17M AUM but have seen zero inflows since late March.
- Avalanche ranks 4th in L1 revenue at $88.9M with 1.3M weekly users.
Avalanche coin posted a 6.7% gain over the last 24 hours, trading at $9.38, as buyers pushed the AVAX price above the $9.00 threshold on volume that more than doubled to $291 million, against a backdrop of a 139% surge in daily turnover.
The move came as the broader crypto market cap rose 2.73%, but AVAX’s outperformance was sharp, as its gain nearly doubled Bitcoin’s 3.2% advance, a clear sign of amplified beta rather than passive correlation. Avalanche crypto ranked second among top-100 gainers by market cap over the period, sitting just behind MemeCore.
AVAX Builds Institutional Credibility While ETF Inflows Stall
The Avalanche coin’s trading session didn’t unfold in a fundamental vacuum. March delivered a dense stack of ecosystem developments that appear to be catching up with the AVAX price. Grayscale’s AVAX ETF, $GAVA, went live on Nasdaq, joining the existing two US spot AVAX ETFs, which now carry a combined AUM of nearly $17 million, though cumulative inflows remain modest at $9.76 million, and the last two weekly periods recorded zero net flows.
Ava Labs was named to Mastercard’s Crypto Partner Program, KB Kookmin Card announced a stablecoin payment system and dedicated Avalanche L1, and FIFA World Cup 2026 tickets became available through FIFACollect on the network.
The SEC also specifically cited AVAX as an example of a digital commodity in a recent CFTC release, regulatory language that traders are watching.
On the network side, Avalanche recorded the lowest average transaction fee of all major chains in March, C-Chain gas target hit 4 million, and weekly active users held at 1.3 million, good for 10th among L1 blockchains at a 2% market share. Revenue over the past 365 days totaled $88.9 million, placing Avalanche fourth among all L1S, behind Tron, Ethereum, and Solana.
Avalanche Price Clears Descending Channel With $9.00 Now Holding as Floor
On the chart, ZAYK Charts identified a descending channel structure stretching back to mid-2025, with AVAX now breaking above the upper boundary. ZAYK flagged bullish momentum building and flagged potential for a significant directional move.
The Moon Show had been watching the $8.20–$8.30 band as a critical support zone on the four-hour timeframe, noting that a hold at that level was the condition for any bounce, and the Avalanche price has since cleared it with conviction.
AVAX price prediction based on current data points to $9.50 as the next inflection point; a decisive close above that level is likely to accelerate the move toward $10.00. Below $9.00, the thesis reverses. The AVAX price outlook stays cautiously bullish as long as Bitcoin holds current levels, with $10.00 the near-term level traders will be watching.
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