Avalanche Logs 10.9M Transactions as Grayscale Pushes for Spot AVAX Trust

TL;DR

• Avalanche processes 10.9M weekly transactions, DEX quantity tops $3B, and value trades close to $23 as we speak nonetheless.
• Grayscale information S-1 for spot AVAX belief; Coinbase Custody and Coinbase serve roles as companions.
• CLS identifies $19–$20 FVG curiosity zone; targets $27, $28, $31, $34 if momentum holds weekly.

Community Exercise Climbs

Avalanche (AVAX) processed 10.9 million transactions over the previous week, the best studying since December 2023. Exercise held close to 2–4 million for months earlier than rising sharply from mid-2025 as extra apps went reside.

$AVAX exhibiting 10.9M weekly txns (highest since Dec ’23), $3B+ DEX quantity holding sturdy, and TVL near $4B after 3 years.

Progress is coming from partnerships, RWA tokenization, and gaming.

With gaming market anticipated to hit ~$615B by 2030, I really feel $AVAX nonetheless has huge upside.… pic.twitter.com/p1G9qhilsO

— Joe Swanson (@Joe_Swanson057) August 26, 2025

Weekly DEX quantity stayed above $3 billion, with buying and selling trending increased since early June 2025. Liquidity throughout swaps and lending has deepened. Analyst Joe Swanson wrote,

“$AVAX exhibiting 10.9M weekly txns (highest since Dec ’23), $3B+ DEX quantity holding sturdy.”

The value of Avalanche was $23 on the time of writing, with a 24-hour quantity of over $711 million. AVAX is down 3% on the day and up 1% over seven days. The transfer tracks broader crypto softness whereas on-chain exercise stays agency.

Avalanche’s TVL is $2.0B (Aug 26, 2025) per Artemis. The pattern reveals a gentle climb by means of 2024 and sooner progress in 2025, reaching close to 1-year highs, however nowhere close to prior cycle data.

Weekly Setup and Targets

CLS World studies early indicators of a bullish weekly construction. The group marks a 1-week Honest Worth Hole (FVG) at $19–$20 as its curiosity zone for bids. The value trades above that space, preserving the setup constructive on their timeframe.

$AVAX/USDT World Outlook

AVAX exhibiting indicators of potential bullish rally on weekly timeframe.

Key Factors:
– Upward construction forming on weekly
– FVG 1W ($19.173 – $20.382) serving as curiosity zone
– Potential upside exceeds 70%

Targets: → $27.415 (weekly excessive) → $28.763 →… pic.twitter.com/pUc1AtUJrv

— CLS GLOBAL (@CoinLiquidity) August 26, 2025

CLS maps upside potential above 70% from the FVG, with targets at $27 (weekly excessive), $28, $31, and $34. A dip into the FVG might precede continuation. CLS wrote,

“AVAX exhibiting indicators of potential bullish rally on weekly timeframe.”

Grayscale Recordsdata for Avalanche Belief

Grayscale Investments filed an S-1 with the US SEC to launch the Grayscale Avalanche Belief (AVAX). The belief seeks to trace AVAX’s value, with Coinbase Custody as custodian and Coinbase, Inc. as prime dealer.

Grayscale goals to record the product on Nasdaq, pending approval. Market members are weighing how a listed car might broaden entry. Swanson linked progress to “partnerships, RWA tokenization, and gaming,” noting a gaming market forecast of almost $615B by 2030.