Altcoins News
By Evie Vavasseur
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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.
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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…
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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.
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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.
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The latest recovery has pushed TVL back above $1.2 billion, and many believe this could be the beginning of a longer-term rebound.
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However, even with all this positive news, AVAX still faces a major challenge ahead — breaking the $30 barrier.
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From a technical point of view, the $30 price mark is both a psychological and historical resistance level.
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Recent chart patterns suggest that AVAX is now breaking out of its short-term downtrend, which is a promising sign.
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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.
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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…
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