The post Avalanche inflows surge past $120M, longs hit 76%: AVAX breakout ahead? appeared on BitcoinEthereumNews.com.

Key Takeaways Avalanche surged 35%, led by $120 million liquidity inflows, 20 million daily transactions, and rising social buzz. Technical breakout and bullish Funding Rates suggest AVAX may target $26.94 resistance for further upside. Avalanche [AVAX] has dominated net liquidity inflows over the last 30 days, attracting over $120 million, outpacing Unichain, Sei [SEI], and Aptos [APT] by a wide margin.  This capital inflow reflects rising cross-chain investor trust in AVAX, particularly amid shifting macro conditions and renewed risk appetite.  The surge coincides with increasing ecosystem engagement, signaling that market participants may be rotating into Avalanche in anticipation of a breakout.  At the time of writing, AVAX traded at $24.79, up 9.07% in the past 24 hours, suggesting short-term bullish conviction as this influx starts translating into upward price action. Has AVAX finally escaped its downtrend? AVAX has decisively broken out of its descending channel, which had held since December 2023. This breakout marks a key technical shift and opens the door to a potential move toward the $26.94 resistance zone.  Historically, such exits from downward channels have triggered momentum-driven rallies, especially when accompanied by strong fundamentals. Moreover, the breakout was supported by rising volume and price structure tightening prior to the breakout.  Therefore, the technical breakout not only invalidates prior bearish pressure but also introduces the possibility of a mid-term bullish continuation. Source: Santiment Is rising social chatter fueling this move? Santiment data shows that AVAX’s Social Dominance sharply spiked to 0.729%, at press time, its highest level in over two months. Social activity tends to precede or accompany speculative waves, especially in altcoins.  This rise in chatter suggests that more participants are paying attention to Avalanche, increasing the likelihood of further momentum.  The uptick aligns with AVAX’s 9% price gain, forming a feedback loop between price performance and…

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Filed under: News - @ July 18, 2025 3:29 pm