Avalanche (AVAX) is trading at $7.56 up 1.70% over the past 24 hours. Its Galaxy Score is 66.6, LunarCrush's combined measure of market and social performance. Over the last 24 hours it has seen 403.5K engagements and 1.1K posts with 80% positive social sentiment.
AI summary: Avalanche (AVAX) is a Layer-1 proof-of-stake blockchain cryptocurrency and its native token, focused on real-world asset tokenization, DeFi and custom subnets — not to be confused with the natural snow disaster or ski destination of the same name. AVAX's 19–25% weekly surge was fueled by FIFA campaign buzz, $1.2B Japanese tokenized securities via Progmat, record RWA growth (+$19.8M weekly), first-day AVAX ETF inflows of $783K, and 1M contracts deployed in 30 days. However, the rally stalled at heavy $8.30 resistance where crowded longs met rising vesting-unlock supply, dragging price back to $7.60 — a buy-the-hype, fade-at-resistance pullback within an otherwise intact weekly uptrend structure.