- AVAX gained 53.11% over the past month, driven by strong technical breakout and market interest.
- Binance long/short ratio at 2.31 indicates bullish sentiment; open interest hits $1.73B.
- SEC clears AVAX among 11 altcoins eligible for spot ETFs, adding to investor optimism.
Avalanche (AVAX) is gaining serious momentum, breaking past key resistance to trade above $34. The breakout has caught market attention, setting sights on the next price zone at $37.
Bulls Eye Higher Levels
Avalanche’s price action has turned heads with a clean technical breakout on the daily chart. As of September 18, 2025, AVAX surged to $32.845, posting a +3.21% daily gain. The breakout above the $31 resistance—previously a strong ceiling during multiple rallies—was a key trigger. AVAX pushed higher to $34.19, extending gains to over 5% in 24 hours.
This move was not isolated. It followed weeks of consolidation between $22 and $26. Once AVAX cleared $30, momentum intensified, supported by a clear trend of higher highs and higher lows since mid-July. The price now heads toward the $34–$36 resistance zone, a level last seen in March and considered a major target by traders.
Immediate support sits at $31, with cushions between $28 and $26.
Market Structure Is Bullish
The bullish momentum is backed by data from Binance and other leading exchanges. AVAX’s futures volume hit $4.67B, while spot volume stood firm at $552.07M. With a market cap of $14.45B, Avalanche remains a top-tier blockchain platform. Open interest climbed to $1.73B, underlining growing participation in the derivatives market.
Long/short ratios add more color to the sentiment. Binance recorded a ratio of 2.3113, while OKX stood at 1.26—both signaling strong bullish positioning. However, the market remains volatile, with $3.79M in liquidations over the last 24 hours—$2.36M from shorts, and $1.43M from longs—showing active price swings.
AVAX has surged 17.2% in the past week and 53.11% over the last month. Its one-year gain stands at +38.77%, even as the year-to-date return remains slightly negative at -4.2%.
SEC ETF Nod and PayPal Integration Fuel Optimism
Adding to the bullish fire, AVAX was named among 11 altcoins recently approved by the U.S. SEC for potential spot ETF inclusion. This move places Avalanche alongside giants like Solana, XRP, and Cardano—boosting investor confidence.
Meanwhile, PayPal has expanded its stablecoin, PYUSD, to Avalanche via LayerZero’s Stargate Hydra bridge, as reported by LayerZero Labs. The integration enables cross-chain compatibility and increased DeFi utility. Such adoption from major fintech players strengthens Avalanche’s ecosystem narrative.
