币界网报道：Avalanche (AVAX) has seen a massive 275% increase in average daily volume since the beginning of May, reaching around 759K transactions per day, with over 2.2M monthly active addresses. This growth was driven primarily by subnet deployments, DeFi, and gaming integrations, showing that network usage is gradually replacing speculation. Price Analysis: - AVAX price is trading near key Fibonacci resistance levels between $22.5 and $23.6, within an ascending channel. - Stochastic RSI is overbought, suggesting a possible correction or retracement in the short term. - A decisive close above $24.1 could confirm further upside momentum. Market Sentiment: - Buyer dominance is rising, indicating aggressive buying. - Net inflows from large holders are up 45.60% over the past 90 days, but down 53.31% over the past 30 days, indicating divergence in whale activity. - Open interest increased by 11.37% to $558 million, and trading volume remained stable, reflecting growing speculative interest but cautious trading. Resistance and Risk: - Key resistance is between $23.3 and $24.5, and a breakout could trigger short-term liquidations, increase volatility and upside momentum. - Failure to break through this resistance could put downward pressure on prices despite strong network fundamentals. Overall, the surge in Avalanche network activity strengthens its fundamentals, but price action faces significant resistance. The next move by whales and traders will determine whether AVAX can break through $24 and maintain its upward trend. CoinWorld is closely monitoring these developments.