<ul data-eligibleForWebStory="true">Avalanche (AVAX) is showing strength in the crypto market, trading at $17.85 with signs of bullish momentum.Analysts predict AVAX could reach $39.26 by year-end, potentially nearing all-time highs.Grayscale's addition of AVAX to its portfolio in Q3 signals growing institutional confidence and strategic positioning.The technical analysis suggests AVAX is forming a bullish pennant, with a target of $19.79, indicating an optimistic outlook for traders.