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Avalanche (AVAX) Extends Weekly Losses to 18% as Institutional Backing Fails to Lift Market

Secret3 AI

27 Sep 2025 — 1 min read

Avalanche's AVAX token has seen an 18% decline over the past week, falling by 8% in just the last 24 hours to a price of $27.72. This downturn is part of a broader market slump affecting other cryptocurrencies, including Ethereum and Solana. Despite recent institutional interest, including a $550 million acquisition plan from AVAX One, a rebranded tech firm backed by Anthony Scaramucci, the token's value continues to drop. Current trading volumes are low, indicating that selling might be stabilizing but has not reversed. The price struggles to maintain support at $27.65 and has faced resistance at $30.28. Although there are initiatives aimed at boosting institutional engagement and enhancing Avalanche's use cases, the recent price trends suggest that confidence in its long-term position remains uncertain. Until regulatory approvals are finalized, the anticipated buying momentum from institutional backers has yet to materialize, contributing to ongoing selling pressure.

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The UK needs regulatory clarity that matches ambition

Retail and Quants Boost DEX Adoption as Institutions Stick With CEXs

Kickflips for Crypto? This Project Will Pay $28K for a Guinness World Record

Corporate Clients Hold Up to 15% of Assets on Mercado Bitcoin, Exchange Exec Says