AVAX surged 16.91% to $11.23, driven by Helicon upgrade anticipation scheduled for September 22nd and a 29.88% increase in trading volume to $1.4 billion. This upgrade will reduce staking unlock times from several weeks to just 48 hours, making staking more attractive to larger investors. Whales moved over $3.5 million in AVAX across Tier-1 exchanges within 30 minutes, while one whale withdrew 16,000 AVAX from Binance for on-chain deployment. Technically, the $9.50 support level remains intact and the DMI indicator confirms strong directional momentum (+DI at 52.23 versus -DI at 5.96), leaving room for a breakout attempt above the major $12 resistance.
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