Will AVAX Continue to Go Up? Analyzing the DEX Volume

Despite the recent market bloodbath, Avalanche (AVAX) has defied the odds, climbing over 17% in just 24 hours and trading around $35.50.

This surge comes amid a broader shift in liquidity and growing interest from both institutional investors and retail traders.

At the center of this bullish momentum is a spike in Avalanche DEX volume, rising institutional confidence, and increasing tokenization adoption.

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Avalanche Analysis: What’s Driving AVAX Higher?

Source: TradingView

One of the biggest catalysts behind AVAX’s rally was AgriFORCE Growing Systems’ rebrand to AVAX One, marking the first Nasdaq-listed entity focused on Avalanche.

Backed by over $550 million in treasury funding and supported by institutions like Galaxy Digital and Kraken, this move firmly positions Avalanche as a leader in institutional-grade blockchain adoption.

Adding to the momentum, SkyBridge Capital’s Anthony Scaramucci joined as an advisor, signaling Wall Street’s growing belief in Avalanche as a frontrunner in the real-world asset (RWA) tokenization revolution.

Technical Outlook: Can Bulls Keep Control?

From a technical perspective, AVAX has defended its $32–$34 support range and remains within an ascending channel.

Its 20-day EMA at $30.43 supports the bullish case, while the Relative Strength Index (RSI) at 71 shows slightly overbought conditions.

Analysts now eye $37 as the next major resistance. A breakout above this level could open the path toward $40 and potentially $47–$50, aligning with key liquidity zones.

Read Also: Can AVAX Go Back to Its Previous ATH? Looking at the Current Data

Avalanche DEX Volume at Multi-Year Highs

Source: DeFiLlama

Perhaps the strongest confirmation of Avalanche’s momentum lies in on-chain data. Weekly DEX volume on Avalanche has surged to $4.2 billion, the highest in three years, according to DeFiLlama.

Rising DEX volume suggests more organic network activity, which directly fuels demand for AVAX.

This surge in trading activity mirrors Avalanche’s strong performance in 2021, hinting at a potential repeat cycle if institutional flows continue.

Institutional Bets and Tokenization Growth

Avalanche’s growing dominance is not just a short-term pump. The network has been aligning itself with tokenization use cases, attracting interest from financial giants like Apollo and JPMorgan.

As ETFs and digital asset treasuries gain traction, Avalanche stands to benefit as a key player in tokenized asset infrastructure.

Scaramucci’s announcement that SkyBridge Capital will create a digital asset treasury for Avalanche further validates the network’s trajectory.

Coupled with increasing inflows and reduced circulating supply from the AVAX One treasury buildup, the fundamentals remain strong.

Read Also: Avalanche (AVAX) Eyes Breakout: $27 Test Sparks $100 Price Prediction

Will AVAX Keep Rising?

While short-term pullbacks are possible due to overbought signals, the combination of institutional inflows, rising Avalanche DEX volume, and the broader tokenization narrative suggest a bullish mid-to-long-term outlook.

Importantly, AVAX is still down around 65% from its all-time highs, meaning there could still be significant upside if momentum continues.

For now, $37–$40 is the key resistance zone to watch. A successful breakout may pave the way toward $47–$50 in the coming weeks.

Read Also: AVAX Price Set to Explode After $300M Avalanche Boost?

FAQ

What is driving the recent AVAX price rally?

AVAX’s surge is fueled by whale demand, institutional investments like AVAX One, and growing tokenization adoption.

Why is Avalanche DEX volume important?

Rising DEX volume indicates organic network growth, showing that more users are transacting on Avalanche, which strengthens AVAX’s utility.

Can AVAX reach $50 soon?

If AVAX breaks the $37–$40 resistance zone, analysts suggest it could test $47–$50 in the short term.

How does institutional demand impact Avalanche?

Institutional involvement reduces circulating supply, adds credibility, and boosts confidence in Avalanche as a long-term blockchain solution.

Is AVAX still undervalued?

Yes, AVAX remains around 65% below its all-time high, suggesting more room for growth if bullish fundamentals persist.