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.
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.
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.
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