Avalanche Price Surges: Is a Breakout to $27.89 Possible?

The Avalanche token (AVAX) is experiencing a significant price rally, surging over 8.8% in the past week and surpassing $28.43 today. Market analysts attribute this strong move to a combination of factors: increasing speculation around ETFs, growing adoption from institutional investors, and an overall surge in on-chain activity. 🤯 Here’s a closer look at what’s driving this price action.