AVAX Avalanche price is quietly setting the stage for a potential breakout as fresh momentum builds across both price and network activity. Market participants are pointing to rising DeFi traction and all-time-high transaction volumes as early signs that something bigger could be brewing.

Avalanche Network Activity Heating Up

Avalanche is starting to show signs of serious on-chain strength. According to a post from Emperor Osmo, AVAX’s total value locked is hovering near its yearly highs, while transaction counts are pushing into all-time-high territory. That kind of activity suggests the network isn’t just surviving, it’s gaining momentum.

Avalanche’s on-chain activity surges, with TVL near yearly highs and transaction counts hitting records. Source: Emperor Osmo via X

With fresh capital flowing in and new DeFi apps gaining traction, Avalanche’s fundamentals are picking up pace. If this momentum continues, AVAX looks well-positioned heading into the summer.

AVAX Price Holding $16 Support

Following the growing strength across Avalanche’s ecosystem, AVAX is also showing resilience on the charts. As noted by Patrick_DeFiGuy, AVAX holding above the $16 level, despite broader volatility, is worth paying attention to. This zone has acted as a base multiple times, and the fact that price continues to respect it adds weight to the idea that accumulation may already be underway.

AVAX continues to defend the $16 support zone, signaling potential accumulation amid broader market swings. Source: Patrick_DeFiGuy via X

AVAX Avalanche Price Mirrors Q4 2024 Fractal

Coming off the back of rising network momentum and steady price support near $16, AVAX is now flashing a chart pattern that closely resembles its Q4 2024 setup. As TrendFi points out, the current structure shows AVAX climbing out of a rounded base, following a fractal nearly identical to the move that preceded last year’s run to $48.

AVAX charts echo Q4 2024’s bullish fractal, with a rounded base and key levels aligning for a potential move toward $48. Source: TrendFi via X

The broadening wedge on the chart suggests growing volatility, but the key level to watch remains $22.50. If price reclaims that zone and flips $27 cleanly, it could trigger another sharp extension toward $44 to $48.

The setup becomes even more interesting when paired with on-chain strength. With TVL nearing yearly highs and transaction counts pushing into record territory, Avalanche’s fundamentals are aligning with the chart.

Avalanche Price Prediction Eyeing Triangle Breakout

Building on the recent fractal setup and solid $16 support, AVAX is now showing signs of breaking out from a long-standing descending triangle pattern. As highlighted by GlobeOfCrypto, price has bounced cleanly off the triangle’s base and is pushing back toward the upper trendline.

AVAX eyes a breakout from its descending triangle, with $28 to $40 targets in play if resistance flips. Source: GlobeOfCrypto via X

If bulls can push through the $19 to $20 range and close above the descending resistance, this breakout could open up a path toward $28, with $32 to $40 being the next cluster of resistance levels.

This setup lines up neatly with what we’ve seen in previous H2s. Transaction volume and TVL remain strong across the Avalanche ecosystem, and momentum remains intact. The triangle structure adds a layer of clarity to the price action.

C-Chain Transactions Hit All-Time Highs

Avalanche’s on-chain activity is officially confirmed. As per the data, the C-Chain transactions are now printing fresh all-time highs, with volume accelerating sharply throughout June. According to data from Routescan, the daily transaction count has surged well past the 1.5 million mark, extending a trend of rising engagement that’s been building steadily since April.

Avalanche’s C-Chain hits all-time high with over 1.5 million daily transactions. Source: Avalanche via X

This new spike adds further confirmation to what recent technical and price structures have been suggesting. AVAX has held its $16 base, is eyeing a triangle breakout, and now has the on-chain traffic to support that move. If network demand stays strong, this would positively impact, Avalanche Price Pridiction.

Final Thoughts

AVAX price action is aligning with on-chain strength, and the triangle breakout structure adds a cleaner lens for what could come next. With transactions at record highs and strong support around $16, AVAX seems to be building a solid foundation. If bulls can push through resistance levels with conviction, Avalanche could be one of the better summer picks out there.

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Filed under: Bitcoin - @ June 23, 2025 7:00 pm