Is AVAX Price Set for a Breakout Following VanEck’s Avalanche Investment?

Avalanche (AVAX) price is showing signs of potential breakout after facing bearish pressure last week, with the launch of the new VanEck PurposeBuilt Fund potentially fueling a bullish rally. This fund will invest in venture-backed projects across various industries, with a focus on Real World Assets (RWAs), a trend attracting significant investment from institutional investors like VanEck.