Avalanche application surge + RWA explosion, AVAX stands at a critical support: Is the $145 market coming?

Despite the overall weakness in the crypto market in January, risk appetite gradually improved after entering February. Avalanche still demonstrated strong resilience, especially in the real-world asset (RWA) tokenization sector with impressive performance. Data shows that as of February 3, AVAX’s development activity ranked third in the entire industry, only behind Hedera (HBAR) and Chainlink (LINK), with ecosystem development accelerating continuously.

Supported by BlackRock and FIS, on-chain tokenized assets on Avalanche grew 68.6% year-over-year in Q4 2025, with TVL reaching $1.3 billion. RWAs are becoming a mainstream focus of capital attention, causing related search terms like “AVAX RWA tokenization” and “Avalanche on-chain assets” to spike in popularity.

In terms of price, AVAX retested the key support zone of $10 on January 31, marking a low since 2023. The price then gradually stabilized and regained footing near $14. Technical analysis indicates that $14.5 is a short-term critical resistance level. Once broken effectively, the zone up to $145 offers little historical resistance, leaving room for medium-term upside.

On-chain data also signals positive developments. According to CryptoQuant’s spot order size indicator, AVAX shows clear signs of whale accumulation around the $10 level, with patterns highly similar to the deep correction phase in 2021. Institutions and large holders continue to accumulate at low levels, indicating recognition of medium- to long-term value.

Additionally, VanEck’s AVAX ETF launched on January 27 has attracted new capital inflows. By January 31, it recorded a net inflow of $1.24 million. Although the scale is small, it symbolizes that traditional capital is beginning to pay attention to Avalanche’s ecosystem potential.

From application growth, RWA expansion, whale activity, to institutional capital deployment, multiple factors are building a bottom support for AVAX. If market sentiment continues to recover, AVAX may usher in a new round of value revaluation.