🔺Avalanche social activity just broke out in the most recent hour with mentions reaching a new weekly high. What's up? Avalanche's $AVAX recent breakout from a 213-day consolidation and an ascending triangle pattern has generated significant attention. The surge in on-chain revenues, daily active addresses, and real-world asset value, which has crossed $400m, are contributing to a bullish outlook. Analysts and traders are expecting a potential price increase, with some predicting a move towards $40-$50. 👍 45% Mindshare Strategic Partnerships & Institutional Adoption Positive sentiment is driven by partnerships and institutional confidence. 👍 35% Mindshare Gaming Ecosystem Growth There's enthusiasm for Avalanche's gaming ecosystem and its potential. 👍 10% Mindshare Technological Advantages and Scalability Optimism stems from Avalanche's technology stack, and low fees, positioning AVAX as a strong blockchain contender. 👎 5% Mindshare Concerns over Fees and Sustainability Some...
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