Avalanche (AVAX) has made a strong comeback, surging 16% over the past week and standing out as one of the top-performing blockchain ecosystems this month. After weeks of slow growth and market uncertainty, AVAX’s recent rally is raising renewed optimism among investors. With technical charts showing positive momentum and the network’s Total Value Locked (TVL) starting to recover, many are now asking: is a move to $30 finally within reach?

The price of AVAX is currently trading near $20, up from recent March lows around $16. This steady climb is a welcome shift for traders who had watched the coin lose ground earlier in the year. Despite a broader decline in TVL across most networks, Avalanche is showing signs of life — and even leading the way among the top-10 blockchain ecosystems.

According to recent data, Avalanche recorded a 14.4% growth in DeFi TVL over the past month. This is the highest among the top 10 layer-1 and layer-2 blockchains. In contrast, Ethereum, Arbitrum, and Base all saw their TVL numbers dip, while Solana and Binance Smart Chain posted only minor gains. Avalanche, on the other hand, now supports over 430 protocols and holds a TVL of approximately $1.63 billion.

What makes this especially impressive is the fact that Avalanche’s TVL had been sliding for months. At the beginning of 2025, it was well over $1.5 billion, but by late March, it had fallen below $1.1 billion — a clear sign that investors had become more cautious. This mirrored the broader risk-off mood in the crypto market at the time. But now, April has brought the first signs of a turnaround.

The latest recovery has pushed TVL back above $1.2 billion, and many believe this could be the beginning of a longer-term rebound. Analysts point to several factors behind this renewed momentum: rising AVAX prices, increased developer activity, user incentives, and the reactivation of DeFi protocols that had been quiet during the downturn.

However, even with all this positive news, AVAX still faces a major challenge ahead — breaking the $30 barrier.

From a technical point of view, the $30 price mark is both a psychological and historical resistance level. AVAX last tested this level in early February 2025, and before that, it faced multiple rejections in mid-2024. To make a solid move toward this target, the token will first need to overcome a strong resistance zone between $24 and $26.

Recent chart patterns suggest that AVAX is now breaking out of its short-term downtrend, which is a promising sign. But for a real breakout to occur, bulls will need to keep momentum strong and firmly push past $26. If that happens, analysts believe a rally to $30 is well within reach. Until then, some short-term consolidation between $20 and $24 is expected as traders prepare for the next move.

The wider crypto market could also play a role. If Bitcoin and other major coins continue to perform well, it could add more fuel to Avalanche’s rise. On the other hand, a sudden drop in market sentiment might slow down or even reverse recent gains.

In conclusion, Avalanche has clearly made a strong comeback in early Q2 2025. Its impressive 16% weekly gain and leadership in DeFi TVL growth are giving AVAX fresh attention from investors. While challenges remain — especially at the $30 resistance level — the current trend points to a market that is beginning to believe in AVAX again. The next few weeks will be critical in determining whether this is the start of a sustained rally, or just a temporary bounce.