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AVAX broke through the triangular pattern, institutional entry pushed the price to US$7.55

2026-08-23 12:11:42
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AVAX breaks through the triangular shape, and institutions use it to boost prices to US$7.55.

Avalanche (AVAX) has broken through the key short-term triangular shape, marking that its price trend has regained its bullish momentum, and the project continues to expand the institutional landscape. Recent developments highlight the rising adoption of the Avalanche network in the global financial sector, with several large institutions using its blockchain infrastructure for tokenized securities, payment and settlement solutions.

AVAX Price Breakthroughs and Technology Outlook

As of press time, AVAX's trading price was US$7.55, with a 24-hour trading volume of US$661.5 million, and a total market value of US$3.23 billion. The token recorded a significant increase of 16.84% in the past week, highlighting a significant shift in price structure and market sentiment.

Cryptocurrency analyst Crypto With Gopal pointed out that after a period of sideways consolidation, AVAX has broken through the upper trend line of the short-term triangular pattern. He said the breakthrough marked a new round of buying pressure and could signal a shift of control to bullish traders.

Traders are closely watching whether AVAX can stand above the breakthrough zone, as continued buying demand will verify the effectiveness of this pattern and may trigger further gains, targeting $8.50 and higher. Breaking through the $7.50 mark will strengthen bullish expectations. If buying momentum continues, AVAX may target $8.50 as its next target. However, market participants cautioned that maintaining support above the breakthrough area is crucial to continued gains.

Institutional interests and network fundamentals

Analysis by Delphi Digital, a well-known cryptocurrency research institution, shows that Avalanche is expanding its appeal to institutional participants by providing a customized Layer 1 network. These dedicated blockchains allow partners to configure their own set of validators, control transaction rights, and ensure strong data security to meet business needs.

Avalanche's C-chain powers its core decentralized financial ecosystem, providing liquidity and network connectivity that connects institutional customers to these customized environments.

Institutional activity on Avalanche has increased in recent months, with multiple well-known participants choosing the platform for critical applications. Digital asset infrastructure provider Progmat has migrated its platform to Avalanche and currently manages more than $1.2 billion in tokenized Japanese securities.

Institutional Application Scenarios Capital/Size Progmat Tokenized Japanese Securities More than US$1.2 billion Securitize European Trading and Clearing Undisclosed Axiym Payment processing More than US$1.6 billion

Securitize, a global platform focused on digital securities issuance and settlement, has chosen Avalanche to drive its European business. Meanwhile, payment technology company Axiym has processed more than $1.6 billion in transactions through Avalanche's infrastructure.

Market prospects and key challenges

As institutional expansion continues, a wave of positive market sentiment and price forecasts has helped AVAX get off its upward trajectory. This momentum is also reflected in the broader cryptocurrency market, where Bitcoin is showing new strength.

Continued technological progress and increased institutional adoption rates will be key factors supporting the continued rise in AVAX prices. Traders are watching whether early resistance levels can translate into new support levels, especially in the face of pullback tests and continued buying interest.

If AVAX can maintain trading volume and leverage institutional support, analysts believe this could confirm its bullish reversal and open up room for subsequent gains. However, investors emphasize the need for careful monitoring because the cryptocurrency market is always volatile and no outcome is certain.

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