Whale inflows into Avalanche (AVAX) have surged by nearly 380%, indicating strong confidence in an imminent price push.
Analysts are closely monitoring AVAX's movement around the key resistance level of $24, with potential to rally towards $30, supported by bullish momentum amidst broader market strength.
The launch of Avalanche Fusion, a $100 million initiative to boost development through modular infrastructure, is enhancing AVAX's growth prospects.
AVAX's strategic partnership with FIFA for Web3 infrastructure and its progress in advancing GameFi and Web3 applications could propel it past the $30 mark and challenge new yearly highs.