Avalanche (AVAX) is currently trading at $14.72, up 2.84% in the last 24 hours. Market activity, however, softened, with trading volume slipping 7.97% to $577.63 million. Despite the day’s uptick, the token remains 14.03% lower over the past week, reflecting broader market volatility. AVAX Tests Key Support in Descending Channel According to crypto analyst Butterfly, […]Avalanche (AVAX) is currently trading at $14.72, up 2.84% in the last 24 hours. Market activity, however, softened, with trading volume slipping 7.97% to $577.63 million. Despite the day’s uptick, the token remains 14.03% lower over the past week, reflecting broader market volatility. AVAX Tests Key Support in Descending Channel According to crypto analyst Butterfly, […]

Avalanche Set for Explosive Rally? AVAX Eyes Powerful Jump Toward $48

  • Avalanche (AVAX) edges higher despite recent weekly losses, buoyed by technical signals.
  • Analysts highlight a potential bullish reversal if buying pressure strengthens.
  • The forthcoming Granite upgrade is expected to significantly improve speed, fees, and security across the Avalanche ecosystem.

Avalanche (AVAX) is currently trading at $14.72, up 2.84% in the last 24 hours. Market activity, however, softened, with trading volume slipping 7.97% to $577.63 million. Despite the day’s uptick, the token remains 14.03% lower over the past week, reflecting broader market volatility.

Source: CoinMarketCap

AVAX Tests Key Support in Descending Channel

According to crypto analyst Butterfly, AVAX is currently testing the lower boundary of a descending channel pattern on the three-day chart. This setup, often associated with accumulation phases, suggests that buyers may be quietly positioning for a reversal. 

Butterfly notes that if buying pressure strengthens at this level, AVAX could stage a swift upward breakout, potentially aiming for the $48 region. While such a move would require a decisive shift in sentiment, the confluence of technical support and upcoming network developments is fueling speculation of a possible rebound.

Source: X

Also Read | Can Avalanche (AVAX) Regain Momentum in November 2025? Market Signals Explained

Avalanche Granite Upgrade Set for Launch This Week

Adding momentum to the bullish sentiment is the imminent rollout of the Avalanche Granite upgrade, a major technological milestone scheduled for launch this week. The update has generated widespread enthusiasm, with developers and users anticipating a significant leap in network performance.

The Granite upgrade focuses on three core advancements. The first is a dramatic improvement in transaction finality, reducing confirmation times to under two seconds. This enhancement is expected to streamline activity across trading platforms, decentralized applications, and enterprise solutions.

The second breakthrough comes in the form of lower cross-chain fees, a change aimed at making asset transfers between subnets and external networks more practical and cost-efficient. Analysts believe this could stimulate broader adoption among smaller investors and strengthen interoperability across the crypto space.

The final pillar of the upgrade, biometric data signing, introduces a new security model. Users will be able to confirm transactions through fingerprint or facial recognition, blending modern authentication tools with blockchain’s decentralized architecture. Industry observers say the feature could set a new security benchmark across competing networks.

Complex Deployment Challenges for Developers

While anticipation is high, successful deployment remains a complex undertaking. Developers are monitoring compatibility across existing applications and preparing for short, temporary adjustments during the transition phase. Users are encouraged to update wallets, follow official notices, and familiarize themselves with new security and transaction processes.

With its strengthened technical foundation and renewed market focus, Avalanche enters a pivotal moment. If the upgrade delivers as promised, and if market demand follows, AVAX may find itself positioned for a meaningful recovery in the weeks ahead.

Also Read | Avalanche (AVAX) Price Outlook: Symmetrical Triangle Points to $120 Rally

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