BNB $588.83 -0.66%
XRP $1.11 -3.24%
ETH $1,627.76 -1.46%
BTC $61,862.60 +0.20%
BNB $588.83 -0.66%
XRP $1.11 -3.24%
ETH $1,627.76 -1.46%
BTC $61,862.60 +0.20%
BREAKING
Altcoins News

Avalanche (AVAX) DEX Volumes Hit $1.3B Amid Scaramucci-Led Treasury Fundraise

Avalanche DEX

Community Trust ScoreVerified

83%
Real
Verified23 votes
Updated 9 months ago

Avalanche (AVAX) has reached a new milestone in decentralized finance, with daily DEX volumes hitting an all-time high of $1.3 billion. This surge in activity comes despite recent market corrections, reflecting strong investor confidence and growing institutional interest in the Avalanche ecosystem.

AVAX Price Shows Resilience Amid Market Volatility

Avalanche’s price has remained resilient in recent weeks, trading around $33.70 and consolidating near the $35 level. This comes even as the broader crypto market faced downward pressure following the U.S. Federal Reserve’s September 18 rate cut, which capped Bitcoin below $115,000 and Ethereum under $4,200.

On-chain data indicates that AVAX’s strength is closely tied to growing DeFi activity on the Avalanche network. According to DefiLlama, Avalanche DEX volumes surged to $1.3 billion intraday on September 24, surpassing the previous 2025 peak of $1.18 billion set just a day earlier. This suggests that investors are rotating capital within the ecosystem to pursue yield opportunities rather than exiting to fiat or other blockchains.

In the past 20 days, AVAX has climbed roughly 47%, significantly outperforming broader market corrections in Bitcoin and Ethereum.

Advertisement

Hivemind Capital and Scaramucci Boost Institutional Confidence

Adding to the bullish momentum, Avalanche secured a major institutional investment through Hivemind Capital Partners, led by former White House Communications Director Anthony Scaramucci. The firm unveiled a $550 million fundraising plan to start AVAX One, a public company dedicated to tokenizing financial assets on Avalanche.

Scaramucci confirmed his role as Advisory Chair, highlighting real-world assets, fintech, and insure-tech as primary focuses. This strategic move is expected to further integrate institutional capital into the Avalanche ecosystem, supporting both adoption and long-term network growth.

The involvement of high-profile institutional investors reinforces Avalanche’s status as a blockchain capable of handling complex financial instruments, positioning it as a strong competitor in the growing DeFi and tokenized asset markets.

DEX Volume Surge Signals Investor Rotation

The sharp increase in DEX volumes during a market-wide pullback indicates that AVAX holders are prioritizing yield and on-chain activity over exiting to cash or other chains. This internal rotation of capital has helped sustain price momentum, despite broader market headwinds.

Analysts note that such behavior is common in bullish microcycles, where investors leverage DeFi protocols to maximize returns without liquidating their positions. Avalanche’s scalable and low-cost infrastructure makes it particularly attractive for high-frequency DeFi trading and institutional deployment.

Technical Analysis: Bullish Outlook for AVAX

From a technical perspective, Avalanche remains in a bullish trend. The token is holding above its 20-day EMA at $33, and momentum indicators like the MACD continue to show strength above the signal line. The Money Flow Index (MFI), trending down to 59, suggests that euphoria from overbought conditions has cooled, providing room for further consolidation.

On the upside, a sustained break above $35 could pave the way for AVAX to challenge new highs above $43, potentially marking a 2025 peak. On the downside, failing to hold the $33 support band may invite a retest of $30, where the 50-day EMA could offer significant backing.

Institutional and DeFi Catalysts Support Growth

The combination of rising DeFi activity and imminent institutional inflows makes Avalanche well-positioned for continued growth. As projects like AVAX One start and large-scale tokenization initiatives gain traction, both retail and institutional investors are likely to remain engaged.

This environment enhances Avalanche’s role as a foundational platform for DeFi, tokenized assets, and enterprise adoption. With transaction costs on the network remaining low and scalability high, Avalanche continues to attract projects and capital that might otherwise flow to Ethereum or other Layer-1 chains.

Conclusion: AVAX Eyes New Milestones

Avalanche’s all-time high DEX volumes and strong institutional backing signal a positive trajectory for the network. Rising DeFi activity, combined with strategic initiatives like Hivemind’s AVAX One, is creating a robust ecosystem capable of sustaining long-term growth.

For traders and investors, the immediate price corridor remains between $33 and $35, with potential upside to $43 if momentum persists. While macro conditions such as Fed rate cuts may weigh on broader markets, Avalanche’s fundamentals—scalable infrastructure, institutional adoption, and active DeFi participation—provide a strong foundation for continued bullish momentum.

As AVAX consolidates near seven-month highs, investors should monitor both institutional inflows and on-chain activity for cues on the next phase of growth. The combination of retail engagement and high-profile treasury projects suggests that Avalanche could continue to outperform broader market trends into late 2025 and beyond.

Community Trust IndexHigh Confidence
83%
Real
Real83%17%Fake
23 community signals

James Thorp

James Thorp is a passionate crypto journalist from South Africa specializing in Litecoin, Dash, and emerging digital assets. With years of experience covering the crypto markets, James delivers in-depth analysis and breaking news on altcoins, blockchain adoption, and decentralized payment networks for The Currency Analytics.

Advertisement

Related Stories