Avalanche Daily Active Addresses Hit New Peak: AVAX Price Struggles Amid Network Growth

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Source: CryptoNewsNet Original Title: Avalanche Daily Active Addresses Hit New Peak: Will AVAX Re-enter Top 10? Original Link:

Network Activity Surge

Avalanche has recently recorded significant growth in network utilization. On Jan. 19, daily active addresses on Avalanche C-Chain reached 1.71 million, marking the highest level ever recorded. This represents a dramatic increase from the previous range of 300,000-600,000 daily addresses.

The surge reflects renewed activity across applications, transfers, and on-chain transactions. Over the past year, Avalanche has achieved a 43x improvement in cost efficiency.

2025 Performance Metrics:

  • Daily transactions increased 153.6% year over year to an average of 4.2 million
  • Daily active addresses climbed 379.6% year over year to 380,000
  • Total transactions reached 1.45 billion, up 152.9% from 2024

Avalanche continues to maintain its technical advantages with approximately 2-second finality, low fees, and throughput exceeding 4,500 transactions per second.

Price Performance Disconnect

Despite strong on-chain metrics, the AVAX token has struggled significantly. On Jan. 19, AVAX experienced a major price decline amid broader crypto market weakness. At the time of writing, AVAX trades around $12.59, down 7.5% over the past 24 hours.

The token has been in a sustained downtrend since peaking above $35 in September last year. The market cap has declined by approximately $9.44 billion to its current level near $5.43 billion, with AVAX now ranked 20th by market capitalization.

Technical Analysis and Price Outlook

Momentum indicators show AVAX at its weakest levels since the 2022-2023 bear market bottom. Historically, such conditions can lead to late-stage selling pressure and potential sharp price movements if market risk conditions shift.

On the daily chart, AVAX trades below the mid-point of the 20-day Bollinger Band. Price recently tested the lower band near $12, a zone associated with intensified short-term selling pressure. A failure to hold $12 could lead to a potential decline toward $10.50.

The RSI remains below neutral territory but has not reached extreme levels. A price move above $13.80 could drive AVAX toward the upper Bollinger Band around $15. If AVAX successfully closes above $16, this would signal a potential trend reversal and price rally confirmation.

AVAX-4,31%
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SpecialBecauseOfYouvip
· 23h ago
Struggling in the gap
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