Avalanche’s (AVAX) positive momentum with a 52% increase in 24-hour trading volume to $1.1 billion, suggests the potential for AVAX to breach the $30 mark.
The surge in network activity within the Avalanche network, driven by the introduction of Ordinals, has played a significant role in the increased transaction volumes.
AVAX, the native token of the Avalanche blockchain network, is demonstrating robust performance, surging by an impressive 17%. This surge propels AVAX into the top ten cryptocurrencies.
As of press time, Avalanche (AVAX) is trading at $25.74 with a market cap of $9.4 billion. Should this positive momentum persist, there’s potential for AVAX to breach the $30 mark. AVAX has further strengthened its position, achieving over 110% in monthly gains, accompanied by a notable 52% surge in the 24-hour trading volume, which now stands at $1.1 billion.
The Avalanche network has experienced a significant surge in network activity, reflecting potential implications for
