Key Insights:
- AVAX price eyes a massive 400% rally past its previous all-time high.
- Avalanche is reportedly raising $1 billion to launch a new crypto staking initiative.
- The network recently claimed the top spot for RWA activity on Binance Exchange.
Avalanche is reportedly raising $1 billion to launch a new crypto staking initiative. At the same time, market analysts suggest that a price rally could soon push the AVAX crypto, the network’s native token, back toward its all-time high near $140.
AVAX previously surged to a record of about $135 in November 2021, shortly after its launch, according to data from CoinMarketCap. However, the token experienced a steep correction in early 2022 and has not traded above $65 since then.
Now, with renewed investor interest and a bullish technical setup forming, momentum appears to be building for a potential breakout.
AVAX Price Prediction: AVAX Price Eyes 400% Rally
Avalanche (AVAX) exhibited a textbook harmonic pattern formation against Tether (USDT) on the weekly chart, as shared by analyst named, Castillo_Juan on X.
The structure resembles a bullish Bat pattern, with the key pivot points labeled from X to D. The retracement at point B around 0.41 Fibonacci and the deep correction at point C near 0.868 Fibonacci levels confirm the pattern’s validity.
If this pattern is completed, the projected D leg points toward the $120–$140 range, suggesting a potential long-term upside of over 400% from current levels of around $26.70. Such harmonic setups are often used by traders to anticipate major reversals, and the confluence of Fibonacci ratios here adds weight to the case.
On the weekly scale, AVAX is also reclaiming key moving averages, with price climbing above the 365-day and 730-day rolling VWAP. This technical backdrop suggests increasing bullish momentum after an extended consolidation phase. However, traders should monitor whether volume supports the breakout attempt, as resistance near $30 remains the immediate hurdle.
If confirmed, the harmonic pattern signals a major bullish cycle for Avalanche, aligning with broader market optimism. Still, risk management is key, given the volatility of altcoins in such macro conditions.
According to EllioTrades, AVAX has broken above the $27 resistance after moving sideways for more than 200 days. The breakout came with strong volume and price pushing above key moving averages. If momentum continues, the next major targets sit around $55 and $66. This move could mark the beginning of a bigger rally for Avalanche.
Avalanche’s $1B Digital Treasury Plan
Latest news indicate that the Avalanche Network’s parent company, the Avalanche Foundation, is preparing to raise $1 billion to expand its presence in the digital assets space. The organization is in active discussions with investors to establish a digital asset treasury firm and transform another entity into a vehicle dedicated to accumulating cryptocurrencies.
The funding is expected to support discounted purchases of Avalanche’s native token, AVAX, directly from the foundation. As of now, Avalanche ranks as the 21st most prominent cryptocurrency, holding a market capitalization of $12.2 billion, according to CoinGecko.
Looking ahead, Avalanche also appears to be carving out a leading role in the fast-emerging real-world asset (RWA) and tokenization space.
The network recently claimed the top spot for RWA activity on Binance, underscoring growing investor interest in its ecosystem. Social mentions of Avalanche also reached a weekly high on Thursday, signaling momentum in both market attention and community engagement.