Price Analysis View Non-AMP

Avalanche Card Unveiled: Will It Spark Bullish Momentum for AVAX?

Published by
Steve Muchoki
  • The Avalanche ecosystem has grown significantly in the past year backed by institutional investors seeking to tokenize RWAs.
  • AVAX price has already broken out of a multi-week correction phase, amid rising crypto bullish momentum.

After months of meticulous research and development, the Avalanche Foundation, in close collaboration with Rain, a Visa-powered crypto-backed payment card, launched the Avalanche Card on Monday, April 21, during the mid-North American trading session.

The Avalanche Card allows holders to access their crypto assets – initially including AVAX, USDC, and USDT – seamlessly around the world either online or in-store. The Avalanche Card is linked directly to a user’s self-custody wallet and will offer no conversion fees.

Avalanche‘s Explosive Growth

The Avalanche network has grown to a vibrant web3 ecosystem, with more than $1.23 billion in total value locked and over $1.7 billion in stablecoins market cap. In the past two years, the Avalanche network has attracted significant attention from institutional investors seeking to tokenize real-world assets. 

For instance, BlackRock and Securitize launched the BUIDL fund on Avalanche Network and tokenized over $500 million. Citibank has in the past been exploring different blockchain use cases on the Avalanche network including tokenization of RWAs.

AVAX Price Analysis

Since the beginning of 2025, AVAX price has been trapped in a correction mode, catalyzed by macroeconomic factors and low demand for altcoins. However, the large-cap altcoin, with a fully diluted valuation of about $14.3 billion and a 24-hour average trading volume of around $343 million, has potentially reached its correction bottom and is ready for market reversal.

In the daily timeframe, AVAX price has already broken out of a falling logarithmic trend established YTD. Most importantly, AVAX price has already rebounded from a crucial support level of around $16, which resulted in a double bottom coupled with a bullish divergence of the daily Relative Strength Index (RSI).

In case of further crypto bullish sentiment, AVAX price is well positioned to rally at least 106 in the near term to trade above $40.

Steve Muchoki

Steve is a crypto news writer with a passion for decoding market moves. He blends breaking blockchain news with sharp technical analysis and bold price predictions. From Bitcoin rallies to altcoin breakouts, Steve breaks it all down with clarity and insight. Whether you're a trader or just curious, his analysis keeps you ahead of the curve.

Recent Posts

Cardano Price Drops But ADA Remains A Hugely Bullish Bet For Experts, Along With RTX and SUI

Cardano's price has dropped 1.88% to $0.7908 but is still a top long-term crypto bet,…

July 26, 2025

We Asked Grok, ChatGPT, and Deepseek AI To Pick The Next Shiba Inu (SHIB) – They All Agreed On This Coin

Shiba Inu coin's recent market performance has shown signs that the meme coin might be…

July 26, 2025

Ripple Price Prediction – How Much Could 1,000 XRP Be Worth in 2026?

Despite recent selling pressure from Ripple’s co-founder, Chris Larsen, and a 20% drop in XRP’s…

July 26, 2025

$600 in Ozak AI Could 100x by Listing Day—Why Everyone Is Rushing In

Crypto investors are flooding into Ozak AI’s presale—and for good reason. With a current price…

July 26, 2025

El Salvador’s Bitcoin Strategy Faces Doubts Amid IMF Pressure and Mixed Signals

El Salvador’s Bitcoin journey is facing fresh doubts. The government says it’s still buying BTC…

July 26, 2025

Dogecoin Price Eyes Parabolic Rally as Double Bottom Pattern Emerges

The Dogecoin price is once again at the center of crypto market attention. After a…

July 26, 2025