Avalanche Logs 10.9M Transactions as Grayscale Pushes for Spot AVAX Trust

TL;DR Avalanche processes 10.9M weekly transactions, DEX volume tops $3B, and price trades near $23 today ￰0￱ files S-1 for spot AVAX trust; Coinbase Custody and Coinbase serve roles as ￰1￱ identifies $19–$20 FVG interest zone; targets $27, $28, $31, $34 if momentum holds ￰2￱ Activity Climbs Avalanche (AVAX) processed 10.9 million transactions over the past week, the highest reading since December ￰3￱ held near 2–4 million for months before rising sharply from mid-2025 as more apps went live. $AVAX showing 10.9M weekly txns (highest since Dec ’23), $3B+ DEX volume holding strong, and TVL close to $4B after 3 ￰4￱ is coming from partnerships, RWA tokenization, and ￰5￱ gaming market expected to hit ~$615B by 2030, I feel $AVAX still has big upside.… ￰6￱ — Joe Swanson (@Joe_Swanson057) August 26, 2025 Weekly DEX volume stayed above $3 billion, with trading trending higher since early June ￰7￱ across swaps and lending has ￰8￱ Joe Swanson wrote, “$AVAX showing 10.9M weekly txns (highest since Dec ’23), $3B+ DEX volume holding strong.” The price of Avalanche was $23 at the time of writing, with a 24-hour volume of over $711 ￰9￱ is down 3% on the day and up 1% over seven ￰10￱ move tracks broader crypto softness while on-chain activity stays firm.

Avalanche’s TVL is $2.0B (Aug 26, 2025) per ￰11￱ trend shows a steady climb through 2024 and faster growth in 2025, reaching near 1-year highs, but nowhere near prior cycle records.) at $19–$20 as its interest zone for ￰12￱ price trades above that area, keeping the setup constructive on their timeframe. $AVAX /USDT Global Outlook AVAX showing signs of potential bullish rally on weekly ￰13￱ Points: – Upward structure forming on weekly – FVG 1W ($19.173 – $20.382) serving as interest zone – Potential upside exceeds 70% Targets: → $27.415 (weekly high) → $28.763 →… ￰14￱ — CLS GLOBAL (@CoinLiquidity) August 26, 2025 CLS maps upside potential above 70% from the FVG, with targets at $27 (weekly high), $28, $31, and $34.

A dip into the FVG could precede ￰15￱ wrote, “AVAX showing signs of potential bullish rally on weekly timeframe.” Grayscale Files for Avalanche Trust Grayscale Investments filed an S-1 with the US SEC to launch the Grayscale Avalanche Trust (AVAX). The trust seeks to track AVAX’s price, with Coinbase Custody as custodian and Coinbase, ￰16￱ prime ￰17￱ aims to list the product on Nasdaq, pending ￰18￱ participants are weighing how a listed vehicle could broaden ￰19￱ linked growth to “partnerships, RWA tokenization, and gaming,” noting a gaming market forecast of nearly $615B by 2030.