What to pay attention to:
📉 1. The price has fallen significantly and found support - AVAX traded at $55–60 last year, and now it costs around $20-23
This decline is nearly 60%, and the price has hit a strong support level.
The chart shows that:
• accumulation is taking place,
• bullish signals have appeared,
• indicators (RSI and MACD) show that the decline may be ending.
This looks like the 'calm before the storm'.
🔥 2. The Avalanche network continues to develop
Despite the price drop, the project is not slowing down:
• New games and DeFi projects are launched based on Avalanche;
• Subnets are developing — these are like separate mini-blockchains within the network;
• TVL (Total Value Locked) is growing;
• Staking yields about 7–9% annually.
📌 This means: the ecosystem is active, but the coin price is not yet. This often happens before a rise.
⚙️ 3. Unique technologies
Avalanche offers what many do not:
• Subnets — the ability to create your own blockchains;
• HyperSDK is a tool for launching a blockchain in minutes;
• Speed — up to 50,000 transactions per second.
This makes AVAX promising for future Web3 games, DeFi, and even government solutions.
🏦 4. Interest from large companies and countries
AVAX is already being used in projects in India, Colombia, and South Korea, and is also collaborating with Amazon (AWS) and Alibaba Cloud.
This means that not only crypto enthusiasts but also businesses and governments see potential in it.
💰 5. Growth potential
• At its peak in 2021, AVAX was worth over $140, and the market cap was $30+ billion.
• Currently — less than $10 billion.
If the market turns around, AVAX could at least double or triple in price — even without new records.
✅ Conclusion
Currently, AVAX:
• is at strong support,
• it shows signs of reversal,
• is actively developing,
• and remains undervalued compared to other L1 coins.
👉 This could be a great entry point, especially if you believe in the future of the crypto market and Web3.
⚠️ This is not financial advice. Always do your own analysis before buying! DYOR