Avalanche (AVAX) Price Prediction: Institutional Surge and On-Chain Records Set Stage for $55 Target

AVAX is gaining institutional traction and hitting record on-chain activity, with participants watching closely for a breakout above key resistance levels.

After securing the second spot in BlackRock’s BUIDL Fund rankings, AVAX is now standing shoulder-to-shoulder with the market’s biggest players. This could mark a turning point in AVAX’s journey from a promising Layer-1 to a proven, high-capacity blockchain with real adoption.

AVAX Secures Major Institutional Spotlight

AVAX has climbed to the second-largest blockchain position in BlackRock’s BUIDL Fund by assets under management (AUM), marking a notable milestone in its institutional adoption journey. With over $53.8 million tokenized on-chain, AVAX now trails only Ethereum in this ranking, underscoring its growing relevance as a preferred network for large-scale, real-world asset tokenization.

AVAX secures the second spot in BlackRock’s BUIDL Fund with over $53.8M tokenized on-chain, trailing only Ethereum. Source: mdnhakann via X

Analyst mdnhakann believes that this shift signals that more institutions are choosing Avalanche’s infrastructure for its efficiency, scalability, and established track record in handling complex on-chain operations.

For Avalanche, this development is more than just a leaderboard boost, it’s a validation of its broader market positioning. BlackRock’s BUIDL Fund operates within a $10+ trillion AUM ecosystem, meaning visibility in this space could pave the way for multiple fronts of inflows.

AVAX Poised to Outshine in the Next Altcoin Season

Building on its recent recognition in BlackRock’s BUIDL Fund rankings, sentiment is leaning bullish on Avalanche’s performance in the months ahead. Analyst JRNYcrypto believes AVAX could emerge as one of the standout movers when altcoin season kicks in.

This perspective reflects a blend of market positioning and momentum potential. With Avalanche now firmly established as a top-tier network for real-world asset tokenization, the stage is set for it to capture both retail and institutional attention. If broader market conditions turn favorable, AVAX may not just follow the altseason trend, it could lead it.

AVAX Finds a Potential Bottom Against BTC and ETH

Recent chart comparisons show AVAX trading at historically low levels against both Bitcoin and Ethereum, suggesting a potential bottom may be forming on these pairs. On the AVAX/BTC chart, price action is hovering near multi-month lows, with Bollinger Bands compressing, often a precursor to a volatility shift. Against ETH, AVAX price is also sitting at the lower end of its range, with repeated support tests holding so far.

AVAX trades near multi-month lows against BTC and ETH, with analyst eyeing a dual-bottom setup for a potential breakout. Source: Xavier via X

Crypto analyst Xavier frames this as one of the most favorable risk-reward setups in the current market, highlighting that such deep relative lows often precede outsized moves once momentum returns. With Avalanche already making headlines for institutional traction, this dual-bottom structure could add technical conviction for those eyeing its next major leg higher.

Bullish Fractal Adds Weight to AVAX Price Prediction

Avalanche’s price structure is beginning to mirror a previous bullish phase, with similarities emerging in the way consolidation zones are followed by breakout rallies. The current cycle, as highlighted by analyst Chris, appears more prolonged and stretched compared to the earlier move, but the underlying rhythm of higher lows and tightening ranges remains consistent. Such fractals can often signal that market psychology is aligning with past bullish setups, particularly when the broader crypto landscape shows signs of recovery.

Avalanche’s current price action mirrors a past bullish cycle, with $27.40 as the key breakout level towards the $50–$55 zone. Source: Chris via X

If this fractal continues to play out, AVAX price could be positioning for a sustained move higher, echoing its prior breakout cycle. Price is currently holding above the bull market support band. AVAX needs to clear $27.40 resistance to open the door towards the $50 to $55 zone.

AVAX On-Chain Activity Hits Record High

Avalanche’s on-chain activity is showing one of its strongest runs yet, with monthly active addresses across all indexed L1s hitting a record 7.3 million in July. The network has held above the 6 million mark since May, suggesting this isn’t just a one-off spike but part of a sustained growth phase. Consistent user engagement at these levels points to expanding real usage rather than short-lived speculative bursts.

AVAX records 7.3M monthly active addresses in July, sustaining over 6M since May in a sign of lasting network growth. Source: Avalanche via X

This steady momentum in active addresses adds an important layer to Avalanche’s recent institutional momentum. If this trend holds, AVAX Avalanche price could be heading into the next market phase with both a robust on-chain base and strong off-chain credibility.

Final Thoughts

With record-breaking on-chain activity, bullish fractal setups, and price levels sitting near historical lows against BTC and ETH, the pieces are in place for a strong upside move if market sentiment turns risk-on. Clearing the $27.40 resistance could open the path toward the $50 to $55 range, setting AVAX apart as a potential altseason leader.

Additionally, with both institutional inflows and organic network growth supporting its base, Avalanche appears well-positioned to capitalize on the next major crypto market rotation.