Key Takeaways
- Avalanche (AVAX) has once again reached a key hurdle, with eyes on a potential 22% rally.
- An expert made a bold prediction that AVAX could reach $35–$36 if it clears the $26–$27 level.
- On-chain metrics show mixed sentiment, as some investors are dumping while others are betting on it.
Avalanche’s growing adoption once again placed AVAX among the top gainers. On September 3, 2025, Avalanche shared a tweet revealing that its C-Chain processed a record 2.26 million transactions in a single day, the highest of the year.
Avalanche (AVAX) Network Sees Record Activity
However, the all-time high of 6.3 million transactions remains untouched, but this surge marks one of the strongest rebounds in activity the network has seen and has also positively impacted AVAX’s price.
At press time, the asset stands at $25.65, recording a 7.5% gain over the past 24 hours. Its trading volume has also risen by 11% compared to the previous day. Meanwhile, the token continues to rank among the top trending assets on CoinMarketCap.
Avalanche (AVAX) Technical Analysis and Expert Price Prediction
Looking at AVAX’s performance and its current level, a well-followed crypto expert made a bold prediction. In a post on X, the expert shared that once AVAX clears the $26 to $27 range, it could quickly rally toward the $35 to $36 level.
It appears that the reason behind this bold prediction is AVAX’s past performance at the current level, which has proven to be a strong supply area.
Historically, whenever the asset reached this level, it faced strong selling pressure and further downside momentum. Since the beginning of 2025, AVAX has tested this level nine times but failed to clear it, and this marks the tenth attempt.
Based on past performance, if AVAX successfully clears the $26 hurdle this time, it could open the path for the next leg up. Price action suggests that if this happens, the asset could soar by 20% and may reach to the next resistance level of $32.
This upside rally has also turned the Supertrend indicator green, which suggests the asset is in an uptrend with strong buying pressure.
Whereas the Bollinger Bands also appear to be squeezing, which signals that the market may be gearing up for a big price swing.
On-Chain Metrics Flashes Mixed Sentiment
Looking at the current level and past performance, investors and long-term holders have begun offloading their holdings. Coinglass’s AVAX spot inflow/outflow data shows that over $4.86 million worth of tokens have flowed into exchanges over the past 24 hours.
Such inflows during a price surge hint at potential profit-booking and can reduce buying pressure and upside momentum.
On the other hand, traders seem to be strongly following the current trend. According to the latest data, traders are over-leveraged at $24.02 on the lower side and $25.97 on the upper side. At these levels, they have built $23.59 million worth of long positions and $8.93 million worth of short positions.
Combining these on-chain metrics, both investors and traders hold mixed sentiment. Some are following the current trend, while others are leaning on past performance.
