Avalanche ($avax) is one of the top altcoins under the radar of more institutional investors seeking to diversify their crypto portfolios$AVAX
. The altcoin, with a fully diluted valuation of around $10 billion and an average 24-hour trading volume of around $565 million, gained more than 2 percent on Tuesday, trading at around $21.92 during the mid-North American session. AVAX's latest price rally coincides with rising calls for the ALTSEASS 2025 event. Furthermore, the Bitcoin space has formed a macro reversal pattern on the daily timeframe amid a significant influx of cash into altcoins. Avalanche Network Thrives on Institutional Investor Adoption: According to on-chain analysis data, the Avalanche network has recorded a 275 percent increase in daily transactions since May 2025, hovering around 759,000. After a notable lull in the past 12 months, the daily transaction count on the Avalanche network has peaked. The Avalanche network has seen significant adoption by institutional investors seeking real-world asset tokens (RWA). According to market data analysis from Santiment, the Avalanche network is the second-best chain after ChainLink in developing RWA projects. Avax Mid-Term Price Target: On the 4-hour timeframe, Avax price has been consolidating since late April after a successful breakout from the falling logarithmic trend line established in the first quarter. Following the recent Avax price pump, the altcoin successfully broke a falling wedge pattern, indicating further bullish sentiment in the near future. The 4-hour MACD line recently crossed above the zero line, indicating a difficult bullish sentiment in its infancy. A firm close above $25 will trigger a bull rally towards the next short-term target of around $35. Share this crypto insight with your network!#Tradersleague
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