Avalanche’s AVAX Breaks Out With 30% Monthly Gain, DeFi Revival Adds Momentum

Avalanche’s native token, AVAX, has surged 30% over the past month, signaling renewed bullish momentum and outperforming Bitcoin, which posted a comparatively modest 13.4% gain during the same period.

Despite a minor 0.5% dip over the past 24 hours to $23.63, AVAX has climbed steadily over the past 30 days, slightly edging out the broader market as tracked by the CoinDesk 20 Index, which rose 30.1%. CoinDesk Research’s technical model also flagged elevated trading volumes, underscoring the strength behind the move.

The token’s breakout from a long-standing descending channel is viewed by many traders as a clear bullish reversal. Market participants have stepped in decisively at key support levels, reflecting growing conviction in the asset’s recovery.

Analysts, including OKX-affiliated trader Ted Pillows, now eye the $32–$35 zone as a potential short-term target, citing positive chart structure and improving sentiment. “The AVAX breakout has finally happened,” Pillows noted.

Adding to the momentum is a resurgence in decentralized finance (DeFi) activity on the Avalanche network. The total value locked (TVL) across its DeFi protocols has more than doubled from 37 million AVAX in early 2025 to approximately 76.4 million, according to DeFiLlama.

This combination of technical strength and fundamental growth suggests that AVAX could maintain its upward trajectory, with traders watching closely to see if the rally extends into the $30 range and beyond.