Avalanche's AVAX Faces Crucial Test at $7.53 Resistance
The Avalanche network has seen continued growth in DeFi, with its native cryptocurrency AVAX approaching a key resistance level.
Despite a potential double-bottom signal strengthening, buyers have managed to defend two support levels at $7.35 and $7.40.
The total locked value on the network has reached $483.1 million, indicating significant user activity.