Avalanche Price Stalls Below Key Resistance
Avalanche's price has stalled below $6.49 as institutional flows remain cautious, with investors watching to see if this trend continues in the coming days.
The cryptocurrency fell nearly 1% over the past week and is currently trading at around $6.37, with technical indicators showing a bearish structure and persistent selling pressure.
A key factor shaping sentiment is revenue growth and liquidity hurdles, with AVAX One Technology Ltd. reporting a rise in second-quarter revenue to $2.8 million on August 13, 2026, mainly driven by $2.1 million in Avalanche staking rewards.
However, the firm faces new liquidity requirements from an institutional lender starting August 5, which excludes Avalanche holdings from counting toward a $3.5 million cash or Bitcoin threshold.