Investment
Features
FeesSafety
Academy
More
Pluang+

Avalanche (AVAX) tests key support at $6.55 with potential targets up to $29.97 if demand holds.

Protocol Fundamentals
29 Jul 2026
Blockonomi
View Source
Neutral
pluang ai news

Avalanche (AVAX) is trading at $6.55, sitting within a long-term monthly demand zone that has historically attracted buyers. Analyst The Boss highlights several upside price targets up to $29.97 if this support level holds, but warns that a monthly close below could deepen the downtrend. Meanwhile, active addresses on the Avalanche network have risen 30% to nearly 119,600 daily users, signaling increased network activity despite flat price movement. The broader crypto market remains cautious due to Bitcoin's recent decline, which often influences AVAX's price direction.

More News (AVAX)

Avalanche nears breakout as $204.77M AVAX staked and whales increase exposure ahead of $6.90 resistance.

Avalanche nears breakout as $204.77M AVAX staked and whales increase exposure ahead of $6.90 resistance.

Avalanche (AVAX) is showing signs of a potential bullish breakout as nearly $204.77 million worth of AVAX, about 43% of its circulating supply, is currently staked, reducing token availability for trading. Large investors, or whales, are increasing t...

Technical Signals
Bullish
5 hours ago
Avalanche Foundation launches research agenda to boost AVAX token value and network security.

Avalanche Foundation launches research agenda to boost AVAX token value and network security.

The Avalanche Foundation has unveiled a new economic research agenda focused on measuring ecosystem output, capturing protocol-level value, and distributing it to strengthen AVAX token economics and network security. The agenda centers on tracking Gr...

Protocol Fundamentals
Bullish
16 hours ago
Blockchain networks see rising activity and lower fees despite token price drops

Blockchain networks see rising activity and lower fees despite token price drops

Ethereum, Solana, and Avalanche blockchains have experienced significant growth in transaction volume and reduced fees over the past year, even as their token prices fell by about half. Ethereum's transactions rose from 121.1 million to 203.9 million...

Protocol Fundamentals
Bullish
2 days ago
Ethereum, Solana, and Avalanche tokens fall over 50% despite record network activity and lower fees.

Ethereum, Solana, and Avalanche tokens fall over 50% despite record network activity and lower fees.

Ethereum, Solana, and Avalanche blockchains have reached record transaction volumes and significantly reduced fees in 2026, thanks to major protocol upgrades. However, despite this surge in network activity, their tokens (ETH, SOL, AVAX) have lost mo...

Protocol Fundamentals
Bearish
2 days ago
Bitcoin falls 2% as South Korea's Kospi plunges 11% and U.S. Senate shelves Crypto Clarity Act

Bitcoin falls 2% as South Korea's Kospi plunges 11% and U.S. Senate shelves Crypto Clarity Act

Bitcoin dropped about 2% amid a sharp 11% plunge in South Korea's Kospi stock index, one of its worst days in years, shaking global risk assets. The U.S. Senate postponed the Crypto Clarity Act to focus on a Russia sanctions bill and federal nominati...

Market News
Bearish
2 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App