Avalanche (AVAX) Price Prediction: Will the $22 Break Spark the Next Supercycle Rally?
The post Avalanche (AVAX) Price Prediction: Will the $22 Break Spark the Next Supercycle Rally? appeared on BitcoinEthereumNews.com.
AVAX is approaching a key breakout level at $22 as surging user growth and strong network fundamentals fuel fresh supercycle speculation. AVAX Avalanche price is starting to turn heads again as momentum builds both on the charts and on-chains. Market participants are now eyeing a potential breakout, with some calling for a push toward the $22 mark, seen as a key level that could unlock bigger gains. Avalanche Price Sparks Supercycle Hopes The spotlight is back on AVAX as speculation grows around which chains could lead the next supercycle, and analyst Bokonomics is beginning to place AVAX firmly in that conversation. AVAX has seen a notable surge in growth recently, fueled by its expanding footprint in cross-chain DeFi and sustained on-chain development. While “supercycle” can sometimes sound like hype, in this case, it’s supported by real momentum and increasing utility. Avalanche gains attention as supercycle talks heat up. Source: Bokonomics via X. AVAX Network Growth Shows No Signs of Slowing Following the rising supercycle narrative, AVAX’s network fundamentals are showing real muscle. Recent data shared by Jesse Peralta highlights a steady increase in total AVAX addresses with balance, now averaging 11.86 million, with a recent high of over 12.1 million. This consistent rise points to sustained user interest. AVAX address count hit a high of 12.1 million. Source: Jesse Peralta via X This is not just a passive metric, active addresses often reflect real participation. As price debates heat up, this kind of behind-the-scenes consistency matters. For AVAX, it reinforces that the supercycle optimism is being underpinned by growing adoption, not just speculation. AVAX Avalanche Price Eyes Potential Retracement As network growth lays the groundwork, participants are watching closely for signs of a price reversal. A recent 1-hour chart shared by Cevo.CRV outlines a short-term game plan that highlights a…
Filed under: News - @ June 8, 2025 5:28 am