AVAX Targets 35% Rally – Key Factors Fueling Avalanche’s Momentum

AVAX’s Long/Short ratio stands at 1.40, reflecting strong bullish sentiment, with 58.3% of traders holding long positions for Avalanche. A recent buyback of 1.97 million AVAX tokens by the Avalanche Foundation could exert upward price pressure. Avalanche’s native cryptocurrency AVAX has been recently in the limelight among developers amid key developments within the ecosystem and [...]