Weekly Investments in Avalanche (AVAX) Top at $111 Million, Coin Trading at $24.54

In the world of cryptocurrency, Avalanche (AVAX) is making headlines with its recent price movements and significant developments.

Currently, the AVAX price sits above all major moving averages, indicating a bullish trend. The price is approaching the key $25 resistance level, and a break above this could trigger significant buying interest. The SMA 7 is at $24.34, SMA 20 at $24.20, and SMA 50 at $23.96, providing support to the current price.

Avalanche's C-Chain experienced a 493% quarter-over-quarter increase in transactions during August 2025, a testament to the network's growing popularity. This surge in activity has also been reflected in the weekly inflows, with Avalanche leading all chains with $111 million in inflows.

The current setup suggests a controlled build-up rather than an overextended move for AVAX. Daily transactions on the Avalanche network have now reached 2.26 million, a significant increase from previous quarters.

Momentum indicators are beginning to tilt upward for AVAX, another positive sign for investors. However, technically, the next challenge for AVAX is at the $27 resistance zone.

One of the most exciting developments for AVAX is the partnership announced by Toyota on September 4th. The Japanese automotive giant aims to develop a blockchain-based robotaxi network using Avalanche. This partnership positions Avalanche as the infrastructure backbone for a blockchain-based robotaxi network, a significant step forward for the project.

The surge in whale activity is another positive sign. On September 2nd, large holders transacted 8.66 million AVAX worth $161.4 million within 24 hours. However, the available public information does not reveal which institutions or individuals have traded large amounts of AVAX or which developments might have significantly increased institutional confidence in the Avalanche project during this period.

The next 24-48 hours could be critical for determining AVAX's near-term direction. Sustained inflows of this scale often reflect growing confidence among participants in Avalanche, and a break above the $25 resistance level could signal a bullish trend in the near future.

Despite the potential challenges ahead, the overall outlook for Avalanche remains positive. The price holds above critical support levels at $22.19 and $20.57, and the recent developments, including the Toyota partnership, suggest a promising future for the project.

In conclusion, Avalanche (AVAX) is showing signs of a bullish trend, with the price approaching key resistance levels and significant developments on the horizon. The next few days will be crucial in determining the near-term direction for AVAX, and investors will be watching closely to see if the price can break above the $25 resistance level.

Weekly Investments in Avalanche (AVAX) Top at $111 Million, Coin Trading at $24.54