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Wise Lee Bitcoin Dogecoin Analysis
01-08 03:23
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Avalanche (AVAX) surged 15% this week, breaking through the $12.30 range to reach $14.50, with on-chain activity hitting an all-time high. In 2025 alone, 43.3% of all C-Chain transactions occurred within the year. By the end of the year, cumulative transaction volume exceeded 937 million, primarily driven by 400 million C-Chain transfers and over 32 million smart contracts deployed at 113,000 unique addresses. On-chain transaction volume approached $1 trillion, fueled by rapid growth in DeFi, gaming, and consumer applications. The launch of DEX governance mechanisms and the influx of new users reflect continued usage. AVAX's RSI is above 60, and its MACD is positive, indicating strong demand aligned with fundamentals rather than speculative activity.
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AVAX
+0.51%
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