TLDR
- AVAX has surged 16% weekly, trading around $20 with a 24-hour increase of 4.50%
- VanEck filed for an Avalanche ETF with the SEC, potentially bringing institutional investment
- Avalanche leads top-10 ecosystems with 14.4% DeFi TVL growth, now at $1.63 billion
- Analysts project AVAX could reach $30 if it breaks through resistance at $24-$26
- 2025 price forecasts range from $16.33 to $25.54, with longer-term projections significantly higher
Avalanche (AVAX) has experienced a strong bullish trend over the past week, surging 16% to trade at approximately $20. This price movement marks a notable shift from the volatility that has characterized AVAX in recent months.
The cryptocurrency saw a 4.50% increase in the last 24 hours alone, with trading volume jumping nearly 25% to $339.52 million. This upward momentum aligns with broader market recovery as Bitcoin and other cryptocurrencies move from bearish to bullish territory.
Market data shows AVAX currently ranks 13th globally by market capitalization, which stands at around $7.5 billion. The price movement has caught the attention of both retail investors and institutional players who see renewed potential in the layer-1 blockchain.
ETF Filing Sparks Investor Optimism
A major catalyst for AVAX’s recent price surge came on Thursday when asset management firm VanEck filed a 19b-4 form with the U.S. Securities and Exchange Commission. This filing indicates VanEck’s intention to launch an Avalanche ETF, making it the second asset manager to pursue such a product.
The ETF would be hosted on Nasdaq upon approval and would follow the Market Vector Avalanche Benchmark Rate. It would be structured as a commodity fund, providing both retail and institutional investors with regulated exposure to AVAX.
NEW: @vaneck_us & @Nasdaq just filed a 19b-4 to list the VanEck Avalanche ETF. pic.twitter.com/8s2uS41jaC
— James Seyffart (@JSeyff) April 10, 2025
This development reflects growing institutional interest in Avalanche’s blockchain technology. The network’s high throughput capabilities and Ethereum Virtual Machine (EVM) compatibility make it attractive to financial institutions looking to innovate.
The filing comes after VanEck’s earlier S-1 registration in March, suggesting a strategic push to capitalize on Avalanche’s technological advantages.
Technical Analysis and Price Targets
AVAX has broken out of its short-term downtrend, currently consolidating above the $18.83 support level. For a decisive move toward the psychologically important $30 mark, bulls must first clear the resistance zone between $24 and $26.
Crypto expert Miya has expressed strong confidence in Avalanche, viewing the current market conditions as an ideal accumulation opportunity before a potential major breakout. Technical indicators and renewed interest in Layer 1 projects support this optimistic outlook.
Trading patterns show oscillation between buying and selling pressure, indicating some indecision among traders. Key support remains at $18.83, with resistance at $20.00 and $21.00 limiting upward movement unless a decisive breakout occurs.
TVL Recovery Shows Ecosystem Strength
After three months of decline, Avalanche’s Total Value Locked (TVL) has shown a notable rebound in April, climbing back above $1.2 billion. This represents a reversal from the persistent downward trend that saw TVL fall from over $1.5 billion at the start of 2025 to under $1.1 billion by late March.
Avalanche has outpaced other top blockchain ecosystems, achieving a 14.4% increase in DeFi TVL over the past month. This growth stands in contrast to Ethereum, Arbitrum, and Base, which experienced monthly declines, while Solana and BSC saw only modest gains.
The network’s DeFi TVL now stands at $1.63 billion, supported by more than 430 protocols. This growth reflects heightened developer activity and renewed user interest in the network, positioning Avalanche as a standout performer in early Q2 2025.
The TVL rebound suggests a shift in momentum, likely driven by rising AVAX prices, user incentives, and protocol reactivations across the ecosystem.
Transforming Finance Through Smart Contracts
Beyond price movement, Avalanche is gaining attention for its potential to transform traditional finance through smart contract functionality. The blockchain’s scalability and efficiency offer real-time finality that could potentially upgrade existing RTGS systems like SWIFT and Fedwire.
With EVM compatibility, financial institutions can deploy Ethereum-based smart contracts to enable tokenization and on-chain derivatives that replicate ETF performance. These permissioned chains would allow financial institutions to adapt to evolving regulatory environments while exploring new revenue streams.
The platform’s decentralization with high throughput capabilities is moving funding markets, repo settlements, and liquidity management with increased speed and transparency. This technological advantage is part of what’s driving institutional interest in the network.
Future Price Forecasts
Changelly’s prediction for April 2025 suggests AVAX will trade between $16.33 and $20.47, with an average price of $18.40. More comprehensive projections for the full calendar year estimate an average price of $20.94.
Broader market analysis from various sources places AVAX’s 2025 price range between $18.50 and $91.09, with average forecasts falling between $19.80 and $25.54.
Long-term projections point toward greater growth potential by 2030, though these come with the standard caveats about market volatility and changing conditions.
