Pangolin (PNG) Price Prediction

Deep Dive

1. V3 Protocol Upgrades (Bullish Impact)

Overview:
Pangolin V3 launched in July 2025 with dynamic fees, concentrated liquidity, and dual rewards ($AVAX + $PNG). Integrations with KyberNetwork, VeloraDEX, and ODOS aim to deepen liquidity and cross-chain utility.

What this means:
Higher liquidity provider incentives could reduce sell pressure on PNG while increasing protocol revenue. Historical DEX upgrades (e.g., Uniswap V3) correlated with short-term TVL spikes but require sustained usage to impact price long-term.

2. Avalanche Network Growth vs. DEX Competition (Mixed Impact)

Overview:
Avalanche’s modular architecture and subnets support institutional adoption, but Solana dominates retail DeFi. Pangolin’s TVL ($4.38M) lags behind rivals like Trader Joe ($1.4B AVAX DeFi TVL).

What this means:
Avalanche’s EVM compatibility aids user onboarding, but PNG must capture market share from Sushiswap and others. A surge in Avalanche-based projects (e.g., GameFi) could drive demand for PNG as a governance/liquidity token.

3. Macro Sentiment & Bitcoin Dominance (Bearish Impact)

Overview:
Bitcoin holds 58.75% market dominance (Dec 2025), and the Fear & Greed Index sits at 22 (“Extreme Fear”). Altcoins like PNG underperform in risk-averse markets.

What this means:
Until sentiment shifts to “Greed” and capital rotates into alts, PNG faces headwinds. Watch the Altcoin Season Index, which remains in “Bitcoin Season” territory.

Conclusion

Pangolin’s price hinges on V3’s ability to attract liquidity amid a risk-off macro climate. While protocol upgrades offer bullish catalysts, Avalanche’s DeFi traction and broader market sentiment remain swing factors.

Will V3’s dual rewards offset the drag of Bitcoin’s dominance? Monitor PNG’s TVL and AVAX’s price action for clues.