Avalanche (AVAX) Surges 3.18% as Institutional Adoption Drives Bullish Momentum
The post Avalanche (AVAX) Surges 3.18% as Institutional Adoption Drives Bullish Momentum appeared on BitcoinEthereumNews.com. Ted Hisokawa Aug 11, 2025 08:04 AVAX trades at $24.04, up 3.18% daily, fueled by BlackRock’s $240M investment and ETF approval hopes with 90% probability by December 2025. Quick Take • AVAX currently trading at $24.04 (+3.18% in 24h) • Avalanche’s RSI at 56.16 signals neutral territory with room for upward movement • BlackRock’s $240 million investment and ETF approval optimism driving institutional adoption What’s Driving Avalanche Price Today? The AVAX price surge over the past week reflects a perfect storm of institutional adoption and enhanced network activity. The most significant catalyst occurred on August 9, when Avalanche gained 10% following BlackRock’s substantial $240 million investment alongside VanEck’s $100 million RWA fund specifically targeting AVAX projects. Bloomberg analysts now estimate a 90% probability of AVAX ETF approval by December 2025, marking a dramatic shift in institutional sentiment toward the blockchain platform. Prior to this institutional wave, DeFiLlama reported a surge in AVAX DeFi activity on August 7, with the AVAX price rising 2.58% as total value locked across Avalanche’s DeFi protocols increased substantially. This uptick in protocol adoption indicates growing capital inflows from digital asset investors, providing fundamental support beneath the recent price action. The institutional momentum represents more than speculative trading – it signals recognition of Avalanche’s technological capabilities and potential for mainstream financial integration. BlackRock’s investment specifically validates the platform’s infrastructure for institutional-grade applications. AVAX Technical Analysis: Bullish Signals Emerge Avalanche technical analysis reveals several encouraging indicators supporting the current uptrend. Avalanche’s RSI sits at 56.16, positioned in neutral territory but trending upward, suggesting the token has room to climb before entering overbought conditions. This AVAX RSI reading indicates healthy momentum without immediate reversal signals. The MACD configuration strengthens the bullish case, with AVAX’s MACD line at 0.4017 trading above…
The post Avalanche (AVAX) Surges 3.18% as Institutional Adoption Drives Bullish Momentum appeared on BitcoinEthereumNews.com.
Ted Hisokawa Aug 11, 2025 08:04 AVAX trades at $24.04, up 3.18% daily, fueled by BlackRock’s $240M investment and ETF approval hopes with 90% probability by December 2025. Quick Take • AVAX currently trading at $24.04 (+3.18% in 24h) • Avalanche’s RSI at 56.16 signals neutral territory with room for upward movement • BlackRock’s $240 million investment and ETF approval optimism driving institutional adoption What’s Driving Avalanche Price Today? The AVAX price surge over the past week reflects a perfect storm of institutional adoption and enhanced network activity. The most significant catalyst occurred on August 9, when Avalanche gained 10% following BlackRock’s substantial $240 million investment alongside VanEck’s $100 million RWA fund specifically targeting AVAX projects. Bloomberg analysts now estimate a 90% probability of AVAX ETF approval by December 2025, marking a dramatic shift in institutional sentiment toward the blockchain platform. Prior to this institutional wave, DeFiLlama reported a surge in AVAX DeFi activity on August 7, with the AVAX price rising 2.58% as total value locked across Avalanche’s DeFi protocols increased substantially. This uptick in protocol adoption indicates growing capital inflows from digital asset investors, providing fundamental support beneath the recent price action. The institutional momentum represents more than speculative trading – it signals recognition of Avalanche’s technological capabilities and potential for mainstream financial integration. BlackRock’s investment specifically validates the platform’s infrastructure for institutional-grade applications. AVAX Technical Analysis: Bullish Signals Emerge Avalanche technical analysis reveals several encouraging indicators supporting the current uptrend. Avalanche’s RSI sits at 56.16, positioned in neutral territory but trending upward, suggesting the token has room to climb before entering overbought conditions. This AVAX RSI reading indicates healthy momentum without immediate reversal signals. The MACD configuration strengthens the bullish case, with AVAX’s MACD line at 0.4017 trading above…
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