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Avalanche's daily transactions hit 3.5M, but AVAX price remains bearish despite rising network use.

Protocol Fundamentals
10 Apr 2026
AMBCrypto
View Source
Neutral
pluang ai news

Avalanche's on-chain activity surged with daily transactions reaching 3.5 million, driven by institutional interest, regulatory clarity, and on-chain voting innovations. Active addresses jumped from 100K to between 500K and 700K, indicating real user growth rather than bots. Despite this, AVAX remains in a bearish price trend below key moving averages, with demand mainly from large investors but insufficient to reverse the downtrend. For a price recovery, AVAX must break above $10 and flip key moving averages to confirm an uptrend; otherwise, it may trade sideways between $8.4 and $9.7.

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