AVAX Price Aiming for 664% Gains? Inflows, Social Activity Surge

The weekly price action of Avalanche as seen using Bollinger Bands from September 21, 2020, to January 13, 2025, yielded a 664% profit. But AVAX price show less respite from the larger narrative for now.

Key buy signals occurred at $2.026, $15.606, $13.02, and $10.86, aligning with the lower Bollinger Band. The indicator presented another buy signal at $30 recently and as AVAX traded around these levels, traders anticipate similar gains but can AVAX surge?

AVAX sell signals were triggered at the upper band. Notable volatility occurred in late 2021, with prices exceeding $140 before a substantial decline to $98.05 where the indicator signaled sell-off.

AVAX price action captured rebounds and corrections. While future profits could depend on volatility and broader market sentiment that could favor gains for altcoins.

AVAX Price Shows Strength Amid Inflows

AVAX inflows showed steady performance until July when significant outflows of up to -$30M occurred, reflecting market corrections. Post-September, inflows fluctuated, with notable spikes exceeding $20M, indicating intermittent investor confidence.

Since November, consistent inflows above $10M suggested renewed market interest and potential developments. December highlighted sharp inflows peaking near $40M, reinforcing this trend.

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Outflows below -$20M persisted occasionally, reflecting underlying volatility. Sustained activity through early 2025 could signal further institutional involvement or upcoming market events, maintaining elevated investor focus.

AVAX Users Getting Empowered?

StableJack aims to offer AVAX users leveraged exposure and stablecoins, ensuring safety during market downturns. By January 2025, 4.4M $xAVAX was minted, reflecting strong user confidence.

The burned supply reached 4.78M, highlighting balanced liquidity dynamics. Total Value Locked (TVL) peaked before dipping 3.8%, reflecting market corrections.

USD issuance grew steadily, with 2.2M tokens minted by over 2,700 users, earning up to 21% APR. Minting and burning activity showed consistent growth, with 9.17M $xAVAX minted.

Top RWA Projects by Social Activity

AVAX shined again by ranking second among RWA projects with 8.1K engaged posts and 1.9M interactions, showing strong community engagement. LINK dominated, leading with 9.9K posts and 2.3M interactions, securing its top position in social activity.

ONDO and INJ followed equally, each recording 5.3K engaged posts, with ONDO achieving 1.1M interactions and INJ at 1.2M. ICP and VET saw moderate activity, reporting 3.6K and 3.5K posts, respectively, with interactions at 787.6K and 600.6K.

QNT managed 3.3K posts and 331.5K interactions, marking lower engagement compared to leaders. PROPS outperformed expectations in interactions, recording 347.9K with 2.8K posts. TOKEN achieved 2.6K posts and 550.2K interactions, indicating potential growth.

BKN displayed the lowest activity, posting 2.4K posts with 125K interactions. A clear pattern emerged, with LINK and AVAX as leading projects, while others showed varied engagement levels.

The trend suggested RWA projects could leverage social interactions to enhance visibility, with smaller projects likely prioritizing community growth.