BREAKING

Avalanche (AVAX) Rises in L1 Attention Rankings: A Potential Breakthrough Year Ahead

AVAX

AVAX/USDT

$7.019
+7.87%
24h Volume

$190,539,638.29

24h H/L

$7.079 / $6.376

Change: $0.7030 (11.03%)

Long/Short
69.1%
Long: 69.1%Short: 30.9%
Funding Rate

-0.0021%

Shorts pay

Data provided by COINOTAG DATALive data
Avalanche
Avalanche
Daily

$6.894

1.55%

Volume (24h): -

Resistance Levels
Resistance 3$7.8765
Resistance 2$7.561
Resistance 1$7.1498
Price$6.894
Support 1$6.717
Support 2$6.224
Support 3$5.0473
Pivot (PP):$6.891
Trend:Downtrend
RSI (14):33.3

COINOTAG News reported on January 15th that managing partner of Dragonfly Capital, Haseeb Qureshi, highlighted the growing significance of Avalanche (AVAX) in the competitive landscape of layer 1 blockchains. According to Qureshi, Avalanche ranks fifth in attention among its peers, sharing the spotlight with Sui and outperforming notable platforms such as BNB, TON, and Tron. With a notable shift towards on-chain integration expected from institutions and companies by 2025, Avalanche might be poised for a transformative year ahead. This strategic positioning underscores Avalanche’s potential to attract institutional interest in the evolving blockchain ecosystem.

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