{"id":11686,"date":"2025-09-24T20:17:31","date_gmt":"2025-09-24T20:17:31","guid":{"rendered":"https:\/\/bitunikey.com\/news\/avax-price-forms-a-rare-pattern-as-key-avalanche-metric-soars-225\/"},"modified":"2025-09-24T20:17:34","modified_gmt":"2025-09-24T20:17:34","slug":"avax-price-forms-a-rare-pattern-as-key-avalanche-metric-soars-225","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/avax-price-forms-a-rare-pattern-as-key-avalanche-metric-soars-225\/","title":{"rendered":"AVAX price forms a rare pattern as key Avalanche metric soars 225%"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The AVAX price has formed a rare golden cross pattern, indicating further gains as the number of transactions on Avalanche increases.\u00a0<\/p>\n<div id=\"cn-block-summary-block_cb346de7e8231a92cb430f6f9ef9f864\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Avalanche (AVAX) has surged to $36.61, its highest since January, fueled by rapid network growth and expanding adoption.<\/li>\n<li>Transaction volume jumped 226% this month, active addresses climbed 20%, and fees rose 86%, while total value locked in real-world asset tokenization soared 136% to over $456 million. <\/li>\n<li>Coupled with a bullish technical setup\u2014including a double bottom, a golden cross, and key Fibonacci levels\u2014Avalanche appears positioned for further upside, with $43.75 as the next potential target.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Avalanche (AVAX), one of the biggest layer-1 networks in the crypto industry, jumped to $36.61 this week, its highest level since January. It has spiked by 135% from its lowest level this year.<\/p>\n<h2 class=\"wp-block-heading\">Avalanche transactions jump<\/h2>\n<p>Nansen data shows that Avalanche was the fastest-growing blockchain network in the crypto industry this month. Its transaction jumped by 226% during the month to 50.43 million.<\/p>\n<p>Its active addresses also jumped by 20% this month to 747,545, while its fees soared by 86% to $1.1 million. This growth happened as Avalanche gained market share in key industries in the crypto industry.\u00a0<\/p>\n<p>For example, Avalanche\u2019s <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.rwa.xyz\/networks\/avalanche\" target=\"_blank\" rel=\"nofollow\">total value locked<\/a><strong> <\/strong>in the real-world asset tokenization industry rose by 136% in September to over $456 million. This growth was driven by companies like Circle, Avant Protocol, and Tether.\u00a0<\/p>\n<p>Avalanche\u2019s role in the RWA industry will continue growing as Anthony Scaramucci prepares to launch his tokenized fund on its chain.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Additional data indicates that the supply of stablecoins in its network increased by 16% to $1.9 billion. The number of stablecoin addresses rose by 11% to over 264,0000.\u00a0<\/p>\n<p>Meanwhile, Avalanche\u2019s liquidations have slowed in the past few days. The liquidations jumped to almost $10 million on Monday and then dropped to $1.36 million today.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">AVAX price technical analysis\u00a0<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Avalanche price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily chart indicates that the AVAX price has formed a double-bottom pattern around $15, with a neckline at $27.30. It has also moved above the neckline, and most importantly, it recently formed a golden cross pattern as the 50-day and 200-day moving averages crossed each other.\u00a0<\/p>\n<p>A golden cross is one of the most bullish patterns in technical analysis. It has also moved to the 50% Fibonacci Retracement level and is approaching the ultimate resistance level of the Murrey Math Lines.\u00a0<\/p>\n<p>Therefore, the most likely AVAX price forecast is bullish, with the next target being at $43.75 \u2014 the extreme overshoot level.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The AVAX price has formed a rare golden cross pattern, indicating further gains as the number of transactions on Avalanche increases.\u00a0 Summary Avalanche (AVAX) has surged to $36.61, its highest&hellip;<\/p>\n","protected":false},"author":1,"featured_media":10408,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11686","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=11686"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11686\/revisions"}],"predecessor-version":[{"id":11687,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11686\/revisions\/11687"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/10408"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=11686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=11686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=11686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}