๐ #AVAX Surges on #BitwiseETF Filing
Avalancheโs $AVAX jumped 7% in a day after Bitwise filed for a spot #AvalancheETF with the SEC โ sparking talk of a breakout toward $50+.
๐ Highlights:
+17.5% in a week, top altcoin performer ๐ฅ
Broke key $30 resistance, volume $1.25B+
Ecosystem strength: TVL $2.09B, stablecoins $2.31B, DEX volume $2B+ for 8 weeks
Analysts say a breakout above the long-term trendline could open the door to a rally toward $135. Institutional interest is heating up. ๐ฅ