Avalanche DEX Volume Hits $.B All-Time High

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Avalanche (<a href="https://jpyxx.com/avax-usd/">AVAX</a>) DEX Volumes Hit $1.3B All Time-High Amid Scaramucci-led Treasury Fundraise

Avalanche (AVAX), currently trading at $33.14, increased by 2.5% on September 24th and is stabilizing around $35. This gain happened even though the crypto market generally reacted negatively to the Federal Reserve’s interest rate decision on September 18th, which has kept Bitcoin below $115,000 and Ethereum under $4,200. Avalanche’s 24-hour volatility is 1.7%, with a 24-hour trading volume of $1.33 billion and a market capitalization of $14.01 billion.

Recent increases in activity on Avalanche’s decentralized finance (DeFi) platforms seem to be supporting the price of its cryptocurrency. Data from DefiLlama shows that trading volume on Avalanche’s decentralized exchanges (DEXs) hit a new high of $1.3 billion on September 24th, surpassing the previous peak of $1.18 billion from the day before.

Trading volume on decentralized exchanges (DEXs) within the Avalanche (AVAX) network recently reached a record high of $1.3 billion, even as the broader market experienced a decline. (Source: Defillama)

Recent trading activity shows that when the market dips, Avalanche users are moving their money *within* the Avalanche ecosystem to earn rewards, instead of selling their crypto for traditional money or transferring it to other blockchains.

AVAX holders are already seeing benefits from the new strategy, as the token’s value has jumped 47% in the last 20 days, even while Bitcoin and Ethereum prices have fallen and dragged down the rest of the market.

Avalanche continued to gain positive traction with a new investment from Hivemind Capital Partners, a firm supported by Anthony Scaramucci, who previously served as White House Communications Director.

AVAX One, with support from Hivemind Capital, is a new public company building a dedicated treasury specifically for the Avalanche (AVAX) cryptocurrency.

I’m excited to be advising as we connect traditional assets like real estate and insurance with blockchain technology. This is a significant step towards the future of finance…

— Anthony Scaramucci (@Scaramucci) September 22, 2025

Hivemind announced on September 22nd that it’s raising $550 million for AVAX One, a project to bring traditional financial assets onto the Avalanche blockchain. Anthony Scaramucci, through a post on X, confirmed he will serve as an advisor, with a focus on areas like real estate, financial technology, and insurance technology.

AVAX Price Forecast: Can Bulls Extend Rally Beyond $35?

Avalanche (AVAX) has been performing well, with a significant 48% price increase over the past 24 days in September. It’s currently trading near a seven-month high of $35 and remains stable above the $33 level, as indicated by its 20-day moving average.

Positive momentum continues, as the MACD line is still above its signal line. While the Money Flow Index (MFI) is decreasing to 59, this suggests that the recent intense buying pressure following AVAX’s attempt to break through $35 resistance last week is easing up.

Avalanche (AVAX) Technical Price Analysis | Source: TradingView

Looking at Avalanche, if the price can consistently stay above $35, I believe that opens up a real opportunity for buyers to drive the price even higher, potentially reaching a new high for the year above $43. It’s a key level to watch.

If the price drops below $33, it might fall to $30. However, the 50-day Exponential Moving Average around $30 could offer some support and prevent further declines.

Despite challenging economic conditions, increased activity in decentralized finance and the potential for large investments from institutions might lead AVAX holders to continue holding onto their coins.

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2025-09-25 02:35