币界网报道：Avalanche (AVAX) continues to face market turbulence despite recent stabilization efforts, with analysts warning of potential further declines. The token, which surged during the 2021 bull run, has struggled to maintain momentum amid broader crypto market volatility. Key concerns include slowing network activity and competition from rival layer-1 blockchains. While Avalanche's developer community remains active, with ongoing upgrades like the recent Cortina update, transaction volumes and DeFi TVL have seen notable decreases. Some institutional investors are reportedly reducing exposure, citing macroeconomic uncertainties and regulatory pressures. However, Avalanche Foundation continues strategic partnerships, including recent collaborations in Asian markets, as the team emphasizes long-term ecosystem growth over short-term price movements. Technical indicators suggest critical support levels that, if broken, could trigger additional sell-offs. Market watchers advise caution, noting that AVAX's recovery may depend on broader crypto market trends and successful execution of its 2023 roadmap initiatives.