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AVAX Rally: Institutional investors drive price to record high!
AVAX price on 10/7/2025 at $34.42. Increasing demand from institutional investors and technical indicators point to a bullish trend.
AVAX Rally: Institutional investors drive price to record high!
The AVAX token is currently experiencing a notable price increase and has increased in price by 8% to $34.42 in the last 24 hours. This is part of a larger trend that has seen it rise 17% over the past seven days and 32% over the past month, according to Crypto.news.
In the last 24 hours, trading volume reached $2.62 billion, an increase of 198.8% compared to the previous day. Derivatives trading activity has also increased; open interest grew 18% to $1.77 billion, while trading volumes increased 140% to $5 billion. This growth in spot demand and increased leverage exposure suggests an aggressive market bias.
Institutional investors are showing interest
An important factor behind the price increase is the growing institutional interest in AVAX. In particular, AgriFORCE Growing Systems Ltd. announced a rebrand to AVAX One on September 22 to raise approximately $550 million, which will be used to acquire over $700 million in AVAX tokens. This attracts the attention of over 50 institutional investors, including well-known companies such as Galaxy Digital and Kraken, who are exploring investing in AVAX.
In addition, large investors, so-called whales, show active trading behavior. One wallet opened a leveraged long position of 514,906 AVAX worth $17.2 million, while another wallet opened a 10x leveraged long position of 66,479 AVAX worth $2.2 million.
Technical analysis suggests resistance
AVAX technical analysis shows that the token is near the upper band of its Bollinger Channel at $36.80, which acts as resistance. The Relative Strength Index (RSI) has reached a value of 70.7, indicating overbought conditions. Nevertheless, the main moving averages are sending buy signals, indicating a clear uptrend.
The immediate support levels for the token are $32.40 and $29.50. The timing of trading in this emerging market thus appears to be crucial as buyers and sellers look for the best entry and exit points.