Avalanche expands Stablecoin support — AVAX price targets $35 next
Main Idea
Avalanche (AVAX) is expanding its stablecoin support through a partnership with Visa, with analysts targeting a $35 price for AVAX despite an upcoming token unlock, while MAGACOIN FINANCE gains attention as a promising early-stage crypto investment.
Key Points
1. Avalanche partners with Visa to boost stablecoin use, positioning itself alongside networks like Stellar and Ethereum.
2. AVAX is trading at $25.73, up 4%, with a token unlock expected on August 15, 2025, potentially releasing up to 9.5 million tokens worth $300 million.
3. BlackRock’s BUIDL Fund ranks AVAX second only to Ethereum in tokenized assets, with $250 million in real-world assets deployed via Grove Finance and Janus Henderson.
4. AVAX on-chain activity surges to over 7 million monthly active addresses, with price targets set at $27.40 resistance and potentially $35–$50 in the coming months.
5. MAGACOIN FINANCE, a new audited project, is gaining hype as a high-potential early-stage crypto investment for 2025.
Description
Avalanche (AVAX) continues to make big strides in the crypto space, strengthening its position as a leading Layer-1 blockchain for real-world applications and institutional adoption. With stablecoin support expanding and multiple strategic partnerships announced, analysts are now setting their sights on $35 AVAX in the near term — despite a large token unlock scheduled for mid-August. While AVAX remains a strong contender among top-tier altcoins, investors seeking higher upside in early-stage pr...
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