- AVAX forms a long-term falling wedge structure, showing steady support reactions and presenting traders with a technical setup pointing toward a potential breakout target.
- Avalanche ranks third in RWA development activity, reflecting strong builder engagement and continued progress in institutional tokenization and interoperability initiatives.
- The new DLT Foundation in Abu Dhabi strengthens Avalanche’s regional presence and coordinated growth and government-driven projects.
Avalanche (AVAX) is trading at $13.36, down 8.37% in the last 24 hours extending its weekly loss to 9.3%.Despite declines, technical setups and strong RWA development activity indicate growing institutional interest.
Falling Wedge Structure Forms Long-Term Technical Setup
A recent post from Bitcoinsensus presented a weekly chart indicating that AVAX has formed a large falling wedge pattern. The structure is defined by two converging trendlines that have guided price movement for more than a year.
Price has continued to react at the lower boundary, signaling a repeated defense of long-term support.The chart projects a potential rebound from this zone, with early movement toward the mid-range of the wedge.
A brief corrective pullback is also illustrated before a possible breakout above descending resistance. If the pattern completes, the setup points to a target near 55.80 dollars, which aligns with previous resistance levels.
This model reflects long-term compression where traders are watching for momentum shifts. The structure suggests that market participants may respond if AVAX maintains support and continues to stabilize.
Development Activity Positions Avalanche in Top RWA Builders
Another post noted development performance among Real World Asset–focused ecosystems. Avalanche ranked third with a 30-day activity score of 175.7, following Chainlink and Hedera.
This places AVAX among the most active platforms in institutional tokenization and interoperability initiatives.The ranking reflects Avalanche’s ongoing builder engagement during a period of softer price movement.
Developers have continued to push updates related to subnets and institutional-grade infrastructure. Avalanche remains among the top projects in RWA development. Networks like Stellar, IOTA, and Axelar also showed strong activity recently. These projects are helping advance settlement systems, IoT solutions, and cross-chain communication.
Global Expansion Efforts Strengthen Foundation Position
Avalanche’s foundation recently established a DLT Foundation in the Abu Dhabi Global Market. Avalanche chose this region for its strong Web3 regulations and as a hub for digital assets.
The move helps Avalanche work with institutions, governments, and regional projects under one framework.It strengthens Avalanche’s presence in the MENA region and provides a stable regulatory environment.
A separate model tracking AVAX bubble risk shows a current reading of 0.636. The data positions AVAX in a mildly undervalued zone relative to its 20-week average. Past cycles indicate that similar conditions often preceded periods of renewed recovery once market momentum shifted.
