​Avalanche (AVAX) Posts 16% Weekly Gain: Eyes on $30 Amid DeFi Resurgence

Jonathan Swift
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Avalanche (AVAX) has experienced a notable 16% increase over the past week, positioning itself as one of the top-performing layer-1 blockchains. This surge is attributed to a rebound in its decentralized finance (DeFi) ecosystem and renewed investor interest. The Total Value Locked (TVL) in Avalanche’s DeFi protocols has risen to $1.63 billion, supported by over 430 protocols, indicating a revitalized ecosystem.

Current Avalanche (AVAX) Price Metrics

As of April 14, 2025, AVAX is trading at approximately $19.59, reflecting a 16% weekly gain. The trading volume over the past 24 hours stands at $196.1 million, with a market capitalization of $8.2 billion.

Price Table: AVAX Performance

DateOpenHighLowCloseVolume
Apr 13, 25$20.49$20.64$19.38$19.59$196.1M
Apr 12, 25$19.13$20.98$18.87$20.47$241.7M
Apr 11, 25$18.33$19.55$18.33$19.18$239.9M
Apr 10, 25$18.44$18.44$17.61$18.34$206.1M
Apr 09, 25$16.15$18.85$15.62$18.45$492.1M

Technical Analysis and Market Sentiment

Avalanche (AVAX) is currently testing key resistance levels between $24 and $26. A successful breakout above this zone could pave the way for a move towards the $30 mark, a level last approached in early February 2025. However, analysts caution that sustained momentum and increased trading volumes are essential for this upward trajectory.

Institutional Interest in Avalanche Grows

Beyond retail enthusiasm, Avalanche (AVAX) is starting to attract increased institutional attention, particularly from DeFi-focused hedge funds and venture capital firms. According to Messari’s Q1 2025 report, institutional inflows into AVAX-based DeFi protocols increased by 28% quarter-over-quarter, a trend attributed to the network’s consistent throughput, low fees, and growing developer ecosystem.

Notably, Benqi, Trader Joe, and Aave on Avalanche have seen significant spikes in activity. Benqi alone reported a 19% increase in lending and borrowing activity, indicating renewed liquidity across AVAX-based DeFi.

“Institutions are becoming more selective in their layer-1 allocations, and Avalanche’s scalability and active developer community give it an edge,” said Kara Menendez, DeFi strategist at BlockStream Insights.

Avalanche (AVAX) price

Network Activity Signals Strength

On-chain metrics also suggest Avalanche is regaining momentum. According to data from Artemis Analytics:

  • Daily active users (DAU) rose from 44,000 to over 63,000 in the last two weeks.

  • Transaction volume on the C-chain surpassed $250 million per day, a 22% increase compared to early March.

  • New wallet creations grew by 17% weekly, showing strong user onboarding.

These stats reinforce the narrative that Avalanche is seeing organic network growth rather than being driven solely by speculative hype.

Developer Ecosystem Shows Expansion

Avalanche (AVAX)’s subnet architecture continues to attract builders. The recent launch of the “Cascade Subnet” — focused on real-world assets (RWA) and tokenized commodities — signals Avalanche’s push toward broader financial use cases.

The number of active GitHub repositories related to Avalanche also rose by 12.8% in March, reflecting heightened developer engagement.

“Avalanche’s modularity through subnets allows for enterprise-grade use cases while maintaining the decentralization ethos,” said Emma Liu, blockchain engineer at Ava Labs.

Whale Accumulation Adds Bullish Fuel

Blockchain tracking platform LookOnChain reported that several Avalanche (AVAX) whale addresses added over 1.6 million AVAX tokens (approx. $31 million) to their holdings in the last 10 days. Historically, such accumulation phases have preceded major upward price moves.

One of the most prominent wallets, linked to a top DeFi protocol, transferred over 480,000 AVAX from Binance to a cold wallet, suggesting long-term positioning.

“Whale behavior often signals institutional confidence — and their recent movements show conviction in AVAX’s midterm outlook,” added Menendez.

DeFi Ecosystem and Summing Up

The resurgence in Avalanche (AVAX)’s DeFi sector is a significant factor in its recent price appreciation. The increase in TVL suggests growing confidence among developers and users in the network’s capabilities. If this trend continues, it could further bolster AVAX’s price and market position.

Avalanche’s recent performance indicates a positive shift in market sentiment, driven by a revitalized DeFi ecosystem and technical indicators pointing towards potential further gains. Investors and traders should monitor the $24 to $26 resistance zone closely, as a breakout could signal a move toward the $30 level. However, caution is advised, as market volatility remains a constant factor in the cryptocurrency space.

FAQs

What is Avalanche (AVAX)?

Avalanche is a decentralized, open-source proof-of-stake blockchain with smart contract functionality, known for its high throughput and low latency.

Why has Avalanche (AVAX)‘s price increased recently?

The price surge is attributed to a rebound in Avalanche’s DeFi ecosystem, increased TVL, and renewed investor interest.

Is AVAX expected to reach $30 soon?

While technical indicators suggest potential for further gains, Avalanche (AVAX) must overcome resistance levels between $24 and $26 before approaching the $30 mark.

Glossary

Total Value Locked (TVL): The total value of assets deposited in a DeFi protocol or ecosystem.

Resistance Level: A price point at which an asset faces selling pressure, potentially preventing further price increases.

Proof-of-Stake (PoS): A consensus mechanism where validators are chosen to create new blocks based on the number of tokens they hold and are willing to “stake” as collateral.

Sources

CCN

CoinLore

AMBCrypto

Disclaimer

The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.

You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.

Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.

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A crypto writer with an understanding of blockchain technology. Skilled in simplifying complex topics for diverse audiences, from beginners to experts. Because I believe in words as they are the children of mind.
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