** Avalanche Price Action: AVAX Surges on Record $31B DEX Volume and Major Institutional Investment
The post ** Avalanche Price Action: AVAX Surges on Record $31B DEX Volume and Major Institutional Investment appeared on BitcoinEthereumNews.com.
Lawrence Jengar Sep 29, 2025 07:22 ** AVAX trades at $29.41 (+3.78%) as Avalanche’s DEX volume hits $31B milestone while Hivemind Capital raises $550M for AVAX One tokenization project. ** Quick Take • AVAX currently trading at $29.41 (+3.78% in 24h) • Avalanche’s RSI at 49.94 signals neutral momentum with potential for breakout • Record $31 billion DEX trading volume drives institutional confidence surge What’s Driving Avalanche Price Today? The AVAX price rally stems from two major catalysts that emerged within the past week. Most significantly, Avalanche’s decentralized exchange ecosystem achieved a remarkable milestone on September 27th, recording $31 billion in trading volume for September 2025. This unprecedented DEX activity demonstrates robust on-chain adoption and positions Avalanche as a serious competitor to Ethereum’s DeFi dominance. Complementing this organic growth, Hivemind Capital Partners announced a substantial $550 million fundraising initiative on September 25th for their AVAX One project. This institutional-grade investment focuses specifically on tokenizing financial assets on the Avalanche blockchain, signaling Wall Street’s growing confidence in Avalanche’s infrastructure capabilities. The timing of these developments creates a powerful narrative for AVAX price appreciation. The DEX volume surge validates Avalanche’s technical capabilities, while the Hivemind investment provides the institutional backing that crypto markets increasingly value. Together, these factors have shifted market sentiment decisively bullish for Avalanche. Avalanche Technical Analysis: Mixed Signals Point to Consolidation Phase AVAX RSI currently sits at 49.94, positioning Avalanche in neutral territory with equal potential for upward or downward momentum. This reading suggests the recent price gains haven’t yet reached overbought conditions, leaving room for continued appreciation if buying pressure persists. Avalanche’s MACD presents a more complex picture, with the main line at 0.9027 above the signal line at 1.5108, but the histogram showing -0.6082, indicating weakening bullish momentum. This…
