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AVAX
$8.41-2.78%

The Avalanche mainnet has surpassed 1.6 billion cumulative transactions, with network fees rising 30% over the past 24 hours. Despite the price dropping from $12 to around $8 over the past week, both spot and futures net buying ratios have reached 51.6%, indicating signs of accumulation. On the ecosystem front, DEX trading volume doubled to $5.33 billion in Q3, with RWA assets reaching $1.22 billion, reflecting sustained on-chain growth. Short-term support is at $7.90; a break below may lead to further declines toward $6.85 or even $6. https://t.co/Ec2HrkINCG

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