Avalanche faced two forces this week: on the one hand, there was a significant increase in the use of the chain and on the other, about $23.3 million AVAX was about to unlock. Market concerns arise as to whether new flows could disrupt current price repairs.
As of submission, AVAX reported $6.58, 24 hours up 2.1 per cent. However, in comparison with the data on the chain, the price performance of tokens remains weak, and this deviation has become one of the main points of recent market observation, Avalanche.
The daily trade volume rose to 6.2 million in one year.
Over the past year, Avalanche network transactions have grown significantly. According to the data, the average daily trade volume in the second quarter of 2025 was about 300,000, rising to 6.2 million in July 2026. Since then, despite some setbacks, it has remained at approximately 2.62 million, significantly above the level of one year ago.
The increased dynamism of the chain also led to the destruction of tokens. Some 135.65 AVAX have recently been removed from circulation through the fee destruction mechanism, indicating that the network remains at a certain level of use during the price drive phase.
At the same time, the eco-stabilized currency balance of Avalanche has also increased significantly in recent months, once exceeding $2 billion, reflecting an increased flow of funds to its decentrized applications and chain services.
FIFA cooperation brings new exposure
On the application side, Avalanche has also received new, large-scale cooperation. FIFA has selected Avalanche as its dedicated block chain infrastructure for the Layer 1 network to support FIFA Collect. This collaboration allows Avalanche to access digital collections for global football users.
The article mentions that, just after the end of the 2026 World Cup, the event itself raised the exposure of the block chain digital collection and the interactive products of fans. For Avalanche, this type of cooperation is more oriented towards the adoption of progress over the medium to long term than to the catalyticization of short-term prices.
July 21st Day Unlocked to Shortline Focus
It is now more of a market concern to unlock the tokens on July 21. About $23.3 million AVAX will be in circulation by then. By article data, this proportion represents approximately 0.7 per cent of the current tradable supply.
While the share is modest, the de-locking of tokens is usually interpreted by the market magnification because short-term sales pressure may rise if the holder chooses to cash it. For AVAX, changes in transaction volumes will be one of the direct indicators of the impact of unlocking.
In terms of price position, $6.62 is near the current position of resistance, which corresponds to 38.2 per cent of Fibonacci's retreat. If this is the position at the price point, the market is or continues to be concerned about the 6.80 dollar area. It is mainly supported by US$ 6.32, and if it fails, the price may return to the previous low near US$ 5.85.