Avalanche (AVAX) Price Prediction: Accumulation Base at $22 Sets the Stage for $55 Target

Avalanche AVAX is entering a decisive stretch as participants weigh the recent surge in network activity against its steady price base. Transactions have climbed sharply, even hitting fresh daily peaks, suggesting that real adoption and usage are picking up momentum.

Avalanche has recorded a sharp jump in activity this week, with transactions climbing 66% to 11.9 million, a move fueled by stronger on-chain reflections of US GDP data and renewed attention from ETF filings. Despite a 13% dip in active addresses to 181,377, the spike in transactions highlights that usage on the network remains active and that higher-value flows are starting to dominate.

Avalanche transactions surged 66% to 11.9 million this week, underscoring strong on-chain momentum despite a dip in active addresses. Source: Cointelegraph via X

Compared to other chains, Avalanche’s growth stands out in volume. The renewed filing momentum for AVAX ETFs may have played a role in drawing institutional interest. If on-chain strength persists, it could set the tone for a bullish AVAX price prediction.

In another on-chain data shared by Zettax0, Avalanche just pushed through 1.97 million transactions in a single day, marking one of its busiest periods on record. The spike highlights how activity on the chain has accelerated sharply through August, with volumes consistently trending higher after weeks of steady buildup.

Avalanche processed 1.97 million transactions in a single day, marking one of its busiest periods and reinforcing its accelerating on-chain growth. Source: Zettax0 via X

Coming off a week where overall transactions surged 66% to nearly 12 million, this daily milestone reinforces Avalanche’s strong on-chain performance. If these volumes sustain, they could help market confidence, keeping AVAX in focus with both fundamentals and the ETF narrative.

Avalanche has been consolidating within a clear accumulation zone for months, with price repeatedly defending the $20 to $24 range. The chart now suggests that AVAX is approaching the end of this base, where a sustained breakout could unlock a strong directional move. A clean push above the $25 threshold would mark the first real confirmation, opening up space for a steady climb towards the mid-$30s before testing higher extension levels.

Avalanche has held its $20–$24 accumulation zone for months, with analyst eyeing $25 as the breakout trigger towards a potential $55 target. Source: Crypto Coral via X

Crypto Coral’s projection highlights $55.43 as the breakout target, aligning with the pattern target. For now, the long-term base remains intact, and the focus is on whether AVAX Avalanche can build the volume and strength needed to escape this range.

Avalanche is trading inside a symmetrical triangle with support seen around $23 and resistance forming near $24.5. This structure reflects tightening price action as higher lows and lower highs converge.

For now, price is holding close to the mid-point of the formation, showing that buyers are keeping pressure while sellers continue to defend the upper boundary.

Avalanche is compressing within a symmetrical triangle. Source: Whales Desk via X

Whales Desk believes that a breakout above $24.5 would confirm the pattern, with immediate upside targets around $27 to $28, while a failure to hold $23 support risks breaking the triangle to the downside. The pattern’s compression aligns with Avalanche’s recent surge in network transactions, suggesting that volatility could soon expand.

Avalanche is currently priced at $23.85, holding a market cap just above $10 billion with daily volumes near $257 million. The past month’s chart shows repeated defenses around the $22 base, establishing it as a reliable floor where buyers have consistently stepped in. Each bounce from this zone has produced higher local peaks, keeping the short-term structure constructive despite broader market chop.

Avalanche’s current price is $23.85, up 1.00% in the last 24 hours. Source: Brave New Coin

For now, the key levels remain defined: holding above $22 keeps momentum tilted upward, while reclaiming $25 would be the signal for a stronger leg higher towards the $27 to $28 region. With transaction activity recently hitting record highs, this base is shaping into a decisive pivot point. If buyers continue to protect $22, it sets a stable platform for a bullish AVAX price prediction.