Avalanche (AVAX) Price Surge: Is a Breakout Coming? DEX Activity Fuels Rebound

Avalanche is seeing renewed interest and activity on-chain, driven largely by a surge in decentralized exchange (DEX) trading volume. The AVAX price has rebounded from a long-term support zone after a period of downward pressure, reaching around $14.68 over the past 24 hours. This resurgence suggests that traders are becoming increasingly optimistic about the asset’s potential for a significant rally. Is this rebound a sign of a larger breakout? Let’s explore.