Despite a quiet broader market, the Avalanche (AVAX) ecosystem has demonstrated significant on-chain strength. It recorded $135 million in monthly net inflows, ranking fourth for both weekly and daily inflows. Most notably, active addresses surged over 242% since early January, surpassing 1.6 million, indicating deep network engagement even as the price fell. Technically, AVAX found support between $8.85–$11.86, with the RSI deeply oversold and the MACD showing a bullish crossover, suggesting a potential local bottom. However, a true price reversal requires a confirmed increase in trading volume. A key factor is the concentration of upside liquidation liquidity between $10–$12, which could be a target for market makers and a potential catalyst for increased volatility. The data presents a tension between strong underlying adoption and bearish price action, setting the stage for a possible move driven by liquidity dynamics.
ambcrypto2026.02.11




