Avalanche (AVAX) Price Eyes $10 as Aave V4 Deposits Top $300M

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Avalanche (AVAX) price is in focus as it nears key moving averages, with analysts like Michaël van de Poppe pointing to a possible breakout. Aave V4 deposits on Avalanche and Ethereum now top $300 million, with active loans over $100 million. AVAX could push toward $10 if it clears the 21-day and 50-day moving averages. The momentum suggests AVAX is among the top altcoins to watch in the current market.
  • Avalanche price approaches key moving average resistance highlighted by technical analysts.
  • Aave V4 deposits surpassed $300 million, while loans exceeded $100 million.
  • Cross-chain growth and stronger DeFi activity continue supporting Avalanche ecosystem adoption.

Avalanche price is drawing renewed attention after analyst Michaël van de Poppe highlighted a potential breakout above the 21-day and 50-day moving averages. The analyst noted that AVAX is showing a constructive technical setup, with a move toward the $10 level becoming possible if momentum continues.

AVAX has recently traded near key technical resistance, making the coming sessions important for confirming whether buyers can sustain the current recovery. A decisive move above both moving averages would strengthen the short-term structure.

Avalanche Price Supported by Aave V4 Deposit Growth

The Avalanche price story is also being reinforced by expanding decentralized finance activity. Aave V4 has surpassed $300 million in total deposits across Ethereum and Avalanche, while active loans have exceeded $100 million.

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Source: Token Terminal

The protocol’s deposit base has grown roughly 50% over the past month, reflecting stronger user participation.

Aave’s expansion beyond Ethereum has also gained momentum. Deposits on Solana have doubled during the same period, highlighting increasing adoption of its cross-chain liquidity model.

Following the milestone, the AAVE token climbed nearly 8%, showing positive market reaction to the protocol’s growth.

Avalanche Price Outlook Linked to Expanding DeFi Activity

The Avalanche price could continue benefiting if ecosystem activity remains strong. Rising liquidity across lending protocols often signals growing confidence from both retail and institutional participants. Higher deposits also improve capital efficiency within decentralized finance applications.

Meanwhile, Van de Poppe believes AVAX is approaching an important technical moment. According to his analysis, clearing the 21-day and 50-day moving averages would strengthen the bullish structure and increase the probability of a move toward $10.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
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