Avalanche Gains 17% This Week: Can It Break the $30 Barrier?
After weeks of stagnation, Avalanche (AVAX) is showing strong signs of recovery. Over the past week, it surged 17%, currently trading slightly above $20, reigniting investor optimism. With the network’s Total Value Locked (TVL) rebounding and bullish momentum emerging in technical charts, the burning question is whether AVAX can break the $30 resistance level.
AVAX’s recent price increase coincides with a broader cryptocurrency market recovery. This uptick followed positive macroeconomic developments, including eased trade tensions, which boosted investor confidence. While global economic uncertainties persist, the temporary relief has provided a tailwind for risk assets like cryptocurrencies.
Bitcoin’s bullish momentum is also influencing AVAX’s trajectory. Historically, Bitcoin’s rallies often lift altcoins, and AVAX is no exception. This correlation has drawn traders back to Avalanche, with monthly active addresses growing by 15%.
Avalanche’s DeFi Revival
A key driver behind AVAX’s rally is its resurgence in DeFi. Over the past month, Avalanche’s TVL grew by 14.4%, outpacing other top-10 blockchain ecosystems like Ethereum and Solana, which struggled to maintain TVL growth.
Notably, Avalanche’s TVL had been declining for most of 2025, dipping below $1.1 billion in March. However, April’s recovery pushed TVL back above $1.2 billion, signaling renewed investor confidence.
The network now supports over 430 protocols, and its DeFi ecosystem is regaining momentum. This revival—fueled by rising AVAX prices, increased developer activity, and user incentives—has reignited investor interest.
Can AVAX Surpass $30?
While the outlook is optimistic, AVAX faces a critical challenge: breaching the $30 resistance level. This price point has been a psychological barrier, with past attempts failing in February 2025 and throughout 2024.
Technical analysis suggests AVAX is breaking its short-term bearish trend. The $24–$26 range will be decisive; a strong breakout could open a path to $30. Until then, consolidation between $20 and $24 is likely as traders gauge the next move.
What’s Next for AVAX?
Avalanche’s future hinges on sustaining momentum in both price action and DeFi performance. While the recent rally is promising, the $30 hurdle remains formidable.
Broader market trends will also play a role—Bitcoin’s movements could sway overall crypto sentiment. The coming days will reveal whether this uptrend is fleeting or the start of a sustained rally.
FAQs
1. Why is AVAX rising?
AVAX’s 17% weekly gain stems from a recovering DeFi ecosystem, increased network activity, and broader crypto market optimism.
2. What’s Avalanche’s TVL growth?
TVL grew 14.4% in April, reaching over $1.2 billion, the highest among major blockchains.
3. Can AVAX hit $30 soon?
Breaking $24–$26 resistance is crucial. If momentum holds, $30 is achievable, but volatility may cause pullbacks.