The analysis of AVAX's address distribution shows significant growth in retail and whale investor interest, suggesting potential bullish momentum for AVAX price. Retail investor participation has increased, indicating broadening adoption and potential price stability. The number of addresses holding less than 100 AVAX has surged by 47.7% in the past year. The whale segment, representing addresses with over 100,000 AVAX, has also seen growth, indicating sustained confidence and providing strong support for AVAX price. The combination of growing retail interest and steady whale involvement indicates a robust market structure. The AVAX price chart is bullish, with support levels and potential buying opportunities. Avalanche boasts a Total Value Locked (TVL) of $1.42 Billion, with active trading and a healthy user base. The platform's lower wallet count may represent a more engaged user base. With strategic expansions and enhancements, Avalanche is expected to strengthen its market position and see upward price growth.



Other News from Today