Avalanche ($AVAX) Crypto Forecast: Down 5.2% Today

What is Avalanche?

AVAX is a cryptocurrency token associated with the Avalanche platform, recognized for its fast transaction speeds and low fees. The cryptocurrency market has shown volatility lately, with stakeholders keeping a close eye on advancements in blockchain projects.

Why is Avalanche going down?

AVAX crypto is down 5.2% on Aug 29, 2025 14:06

• Despite increased developer activity on its contract chain and Grayscale's filing for an Avalanche Trust, AVAX witnessed a bearish movement.
• The market downturn could be due to traders taking profits after a recent price surge or a broader decline in cryptocurrencies.
• The partnership between Chainlink and the US Department of Commerce may have shifted focus away from AVAX, impacting its performance.
• Heightened volatility and sell-offs in response to anticipation of a breakout from an ascending triangle pattern contributed to AVAX's recent bearish movement.

AVAX Price Chart

AVAX Technical Analysis

AVAX News

Avalanche Price Forecast: AVAX eyes triangle breakout as C-chain activity hits annual high

Avalanche (AVAX) edges higher by 1% at press time on Thursday, approaching the apex of an ascending triangle pattern as traders anticipate an outcome shortly. The increased developer activity on Avalanche’s contract chain (C-chain) reached a year-to-date high of 2 million transactions on Sunday.

https://www.fxstreet.com/cryptocurrencies/news/avalanche-incentivizes-developers-with-250-000-grants-as-c-chain-activity-surges-202508280602

Chainlink Price Forecast: LINK surges on Department of Commerce partnership to bring economic data on-chain

Chainlink (LINK) is up nearly 4% on Thursday after announcing a partnership with the US Department of Commerce (DOC) to launch six economic data points across ten blockchains, including Ethereum, Avalanche and Solana.

https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-forecast-link-surges-on-department-of-commerce-partnership-to-bring-economic-data-on-chain-202508281730

Avalanche Price Forecast: Grayscale files SEC registration for Avalanche Trust

Avalanche (AVAX) price hovers above its key level at $22.53 at the time of writing on Tuesday, after falling over 9% the previous day.

https://www.fxstreet.com/cryptocurrencies/news/avalanche-price-forecast-grayscale-files-sec-registration-for-avalanche-trust-202508260348

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Avalanche Price History

29.07.2025 - AVAX Crypto was down 5.2%

• Despite increased developer activity on its contract chain and Grayscale's filing for an Avalanche Trust, AVAX witnessed a bearish movement.
• The market downturn could be due to traders taking profits after a recent price surge or a broader decline in cryptocurrencies.
• The partnership between Chainlink and the US Department of Commerce may have shifted focus away from AVAX, impacting its performance.
• Heightened volatility and sell-offs in response to anticipation of a breakout from an ascending triangle pattern contributed to AVAX's recent bearish movement.

04.05.2025 - AVAX Crypto was down 5.1%

• AVAX saw a downward trend after the SEC postponed the approval of Exchange Traded Funds (ETFs) connected to Avalanche.
• The ETF approval delay caused uncertainty among investors, resulting in a sell-off of AVAX and other tokens like Cardano (ADA).
• Regulatory measures, such as ETF approval postponements, can influence the credibility and adoption of cryptocurrencies, affecting market trends.
• Investors holding AVAX should stay updated on regulatory changes as they could have a significant impact on the token's value in the immediate future.

16.07.2025 - AVAX Crypto was down 5.1%

• AVAX faced a bearish movement, despite bouncing back nearly 7% the previous day.
• BtcTurk's suspension of withdrawals due to suspicious transfers has introduced uncertainty and potentially triggered a sell-off in AVAX.
• Concerns about security in the crypto space, highlighted by recent hacking incidents, may have influenced investors to sell AVAX.
• While AVAX showed positive momentum with a rebound, overall market sentiment impacted by security issues overshadowed individual token performance, resulting in its bearish movement.

14.07.2025 - AVAX Crypto was down 5.6%

• AVAX experienced a bearish movement today, potentially influenced by the overall negative sentiment in the cryptocurrency market.
• The suspension of withdrawals by BtcTurk due to suspicious transfers totaling $49 million may have raised concerns about security within the crypto space, leading to a decrease in investor confidence.
• The uncertainty surrounding whether BtcTurk was hacked again could have triggered a broader sell-off in cryptocurrencies, including AVAX, as investors sought safer assets amid security concerns.
• The repeated instances of security breaches in the crypto industry highlight the importance of robust security measures and transparency to maintain trust and stability in the market, impacting the value of tokens like AVAX.

19.05.2025 - AVAX Crypto was down 5.1%

• AVAX saw a bearish movement today despite trading slightly in the green, suggesting potential weakness in the market.
• The decrease in Open Interest to a one-month low indicates declining investor interest and possibly a lack of confidence in AVAX's short-term price potential.
• A challenge to a crucial support level that has remained intact for over two months may signify a critical moment for AVAX, with the possibility of further losses if the support level is breached.
• In summary, the decline in Open Interest and the test of significant support levels may be key factors influencing AVAX's bearish movement today.

02.06.2025 - AVAX Crypto was up 5.1%

• AVAX saw significant upward momentum in trading today.
• The release of more than $484 million in tokens across various altcoins, including AVAX, is believed to be influencing the increased price fluctuations in the cryptocurrency market.
• Traders might be expecting price shifts and chances for profits linked to these token releases, resulting in a rise in buying activity for AVAX.
• The substantial release of tokens could also signal a rise in enthusiasm and trust in AVAX and the overall cryptocurrency market, causing prices to climb.

22.07.2025 - AVAX Crypto was up 5.1%

• AVAX experienced a notable uptrend today, marked by a significant price surge.
• The surge in price was influenced by a recent event where a prominent financial firm tokenized a substantial amount of its hedge funds on the Avalanche blockchain, bringing attention and credibility to the platform.
• This positive development likely boosted investor confidence, driving up demand for AVAX and contributing to its price increase.
• The favorable news overshadowed previous negative market sentiment, aiding AVAX in recovering from recent losses and highlighting the impact of institutional participation in the cryptocurrency sector.

23.06.2025 - AVAX Crypto was down 5.4%

• Despite record Open Interest and increasing Total Value Locked, AVAX faced a strong bearish movement today.
• The bearish price movement might be a result of profit-taking by investors who had benefited from the recent surge.
• Market sentiment could have temporarily shifted due to external factors or technical trading patterns, leading to the bearish movement.
• Traders are advised to keep a close watch on market developments and potential catalysts to assess whether the bearish movement is a short-term correction or a sustained trend reversal.

03.06.2025 - AVAX Crypto was up 8.2%

• AVAX experienced significant bullish movement, likely influenced by the overall positive market sentiment.
• The rise in active addresses for AVAX and expectations of token unlocks in major altcoins may have played a role in the bullish breakout.
• Investors are displaying trust in AVAX, seen through the price surge and market interest in upcoming token unlocks, hinting at a possibility of sustained positive momentum in the near term.

20.07.2025 - AVAX Crypto was up 5.1%

• AVAX experienced a strong bullish movement today, rebounding by nearly 7%.
• The positive price action could be attributed to the introduction of US tokenized stocks on-chain, potentially increasing interest and utility for AVAX.
• The short-term market fluctuations may have been overshadowed by the positive development of tokenized stocks being introduced on the Avalanche platform.
• The potential security concerns raised could have also indirectly influenced market sentiment towards more secure and robust platforms like Avalanche, contributing to its bullish movement.

30.04.2025 - AVAX Crypto was down 8.5%

• AVAX experienced a bearish movement following the delay in approving ETF filings for Cardano (ADA) and Avalanche (AVAX) by a regulatory organization.
• The regulatory uncertainty regarding the approval of ETFs has had a negative impact on investor confidence in AVAX and ADA, resulting in a decrease in their prices.
• Despite recent developments, the tokenization of real estate deeds in New Jersey's Bergen County on the Avalanche network could potentially enhance the utility and adoption of AVAX in the future.
• The discovery of self-spreading malware in Dero, another privacy-focused cryptocurrency, underscores the significance of security in the cryptocurrency sector. This may have contributed to the overall market uncertainty and influenced AVAX's bearish movement.

26.07.2025 - AVAX Crypto was down 6.9%

• Filing for SEC registration for an Avalanche Trust might have initially sparked some positive sentiment.
• Tokenization of $300 million in funds on the Avalanche blockchain briefly boosted AVAX but didn't sustain a bullish trend.
• Negative funding rates and an increase in short bets likely triggered the bearish momentum outweighing the positive news.
• Despite some positive developments, the derivatives market's bearish sentiment and broader market conditions led to AVAX's price decline.