BREAKING

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

AVAX

AVAX/USDT

$8.05
-0.16%
24h Volume

$225,576,682.07

24h H/L

$8.20 / $7.83

Change: $0.3700 (4.73%)

Long/Short
75.8%
Long: 75.8%Short: 24.1%
Funding Rate

-0.0006%

Shorts pay

Data provided by COINOTAG DATALive data
Avalanche
Avalanche
Daily

$7.983

-1.18%

Volume (24h): -

Resistance Levels
Resistance 3$8.472
Resistance 2$8.275
Resistance 1$8.0662
Price$7.983
Support 1$7.806
Support 2$7.4959
Support 3$7.1179
Pivot (PP):$8.003
Trend:Uptrend
RSI (14):66.2
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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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