Avalanche Defends $6 Support as Network Activity Surges

Avalanche (AVAX) is currently defending its $6 support zone as rising network activity strengthens the case for a potential recovery towards $15.

The AVAX price has been consolidating near the lower end of its multi-month downtrend, attempting to establish a base around the $6.00-$6.30 region.

According to Brave New Coin data, AVAX is trading at around $6.44, up about 0.60% in the last 24 hours, with a market cap of close to $2.78 billion and roughly $158 million in daily trading volume.

Crypto analyst Abdullah highlighted the $6.26 region as the immediate level to hold, noting that buyers are still defending the current floor despite the broader bearish structure.