Avalanche -Logbooks 10.9 million transactions while Grayscale insists on Spot Avax Trust

Avalanche -Logbooks 10.9 million transactions while Grayscale insists on Spot Avax Trust

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Tl; Dr.

  • Avalanche processes 10.9 million weekly transactions, DEX volume is still $ 3B and price trade near $ 23 still today.
  • Gray Latven Files S-1 for Spot Avax Trust; Coinbase guardianship and Coinbase play roles as partners.
  • CLS identifies $ 19 – $ 20 FVG interest zone; Aim at $ 27, $ 28, $ 31, $ 34 if the momentum applies weekly.

Network activity climbs

Avalanche (Avax) processed 10.9 million transactions in the past week, the highest reading since December 2023. Activity that was held almost 2-4 million for months before they rise sharply from mid-2025 as more apps went live.

The weekly DEX volume remained above $ 3 billion, with the trading trend higher since the beginning of June 2025. The liquidity between Swaps and loans has been deepened. Analyst Joe Swanson wrote,

“$ Avax with 10.9 million weekly TXNs (highest since December ’23), $ 3B+ Dex Volume Holding Strong.”

The price of avalanche was $ 23 at the time of writing, with a 24-hour volume of more than $ 711 million. Avax drops by 3% and an increase of 1% for seven days. The movement follows wider crypto softness, while activity on the chain remains firm.

Avalanche’s TVL is $ 2.0b (26 August 2025) per artemis. The trend shows a steady climb until 2024 and faster growth in 2025, which reaches highlights for almost 1 year, but nowhere near earlier cycle records.

Source: Artemis

Weekly setup and goals

CLS Global reports early signs of a bullish weekly structure. The team marks a real value gap of 1 weeks (FVG) for $ 19- $ 20 as its interest zone for bids. The price acts above that area, so that the set -up remains constructive in their time frame.

CLS brings an upward potential above 70% from the FVG, with goals at $ 27 (weekly high), $ 28, $ 31 and $ 34. A dip in the FVG can precede continuation. CLS wrote,

“Avax shows signs of potential bullish rally on a weekly time frame.”

Gray values ​​files for Avalanche Trust

Grayscale investments submitted An S-1 with the US Sec to launch the Grayscale Avalanche Trust (Avax). De Trust wants to follow Avax’s price, with Coinbase guardianship as a Custodian and Coinbase, Inc. As Prime Broker.

Grayscale wants to mention the product on Nasdaq, awaiting approval. Market participants weigh how a listed vehicle could broaden access. Swanson connected the growth to “partnerships, RWA -Tokenization and Gaming”, in which he noticed a game market prognosis of almost $ 615 billion by 2030.

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