Cryptonian

Avalanche $AVAX is having an incredible day, up a strong +11.71% over the last 24 hours.

This surge appears to be driven by a few key catalysts, including a significant boost in institutional confidence following Grayscale's $AVAX Avalanche ETF filing and plans for a Nasdaq listing. The project is also benefiting from the broader "altseason" momentum, as the Altcoin Season Index has hit 71/100, signaling a rotation of capital into top altcoins. On a technical level, AVAX has just broken through its crucial $31 resistance level, with bullish indicators like an RSI of 73 suggesting strong momentum for a continued uptrend.

#AVAX #Grayscale #Blackrock