Avalanche’s RWA volume jumps 360% – Can whales push AVAX to $7.20?

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AVAX has extended its three-day bullish streak after bouncing from the pennant support around $6.14. Avalanche’s 30-day RWA transaction volume reached $365.29 million, marking a 360.15% increase from the previous month. Whale activity is rising across both spot and futures markets, indicating growing interest from larger players. A liquidity cluster worth approximately $1.13 billion sits around $7.20, the next target for bulls. AVAX is currently consolidating, but a confirmed breakout from the pennant pattern could affirm the bullish bias.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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