
On-chain data shows that the number of daily transactions on Avalanche has surged by nearly 300% since May.
The Avalanche network has thrived in RWA tokenization fueled by institutional investors.
AVAX price has been consolidating in a bullish continuation pattern amid anticipated 2025 altseason.
Avalanche ($AVAX) is one of the top altcoin under the radar of more institutional investors seeking to diversify crypto portfolios. The mid-cap altcoin, with a fully diluted valuation of about $10 billion and a 24-hour average trading volume of around $565 million, gained over 2 percent on Tuesday to trade about $21.92 during the mid-North American session.
The latest AVAX price rebound coincides with rising calls for an altseason 2025. Moreover, the Bitcoin domaince, in the daily timeframe, has been forming a macro reversal pattern amid notable cash inflow to the altcoins.
Avalanche Network Thrives on Institutional Investors’ Adoption
According to on-chain data analysis, the Avalanche network has recorded a 275 percent increase in the number of daily transactions since May 2025 to hover about 759k transactions. After a notable dormancy in the past 12 months, the number of daily transactions on Avalanche Network has peaked up a fresh momentum.
The Avalanche Network has recorded a significant adoption rate by institutional investors seeking to tokenize real-world assets (RWA). According to market data analysis from Santiment, Avalanche Network was the second best chain after Chainlink in development of RWA projects.
Midterm Target for AVAX Price
In the 4-hour timeframe, AVAX price has been consolidating since late April after a successful breakout from a falling logarithmic trendline established in the first quarter. Following the recent AVAX price pump, the altcoin has successfully broken out of a falling wedge pattern, thus signaling further bullish sentiment in the near future.
The 4-hour MACD line recently crossed above the zero line, thus signaling rejuvenated bullish sentiment. A consistent close above $25 will trigger a bull rally towards the next short-term target of about $35.