Avalanche’s native token, AVAX, has come under renewed selling pressure in recent days. According to the latest market data on CryptoAppsy, AVAX is trading around $9.05, down 2.32 percent in the past 24 hours. The token’s market capitalization stands at approximately $3.91 billion. Fluctuating between $9.03 and $9.33 during the day, AVAX is now hovering near its daily lows, and the recent price action signals sustained short-term downside pressure.
Crucial $9 support and technical outlook
From a technical perspective, AVAX continues to trade in a sensitive range as buyers try to defend the $9 threshold. If this critical support fails and the price falls below $9, the next main support zone emerges between $3 and $4.50, according to chart analysis. For a short-term recovery to materialize, bulls first need to reclaim $9.30, with $9.70 to $10 acting as the following resistance targets. Otherwise, unless there is a surge in buying volume, continued selling may dominate. In particular, the $10 mark is being watched as the earliest positive sign of a potential reversal in the ongoing downtrend.
Analysts point out that “if AVAX cannot hold above $9, the next major support is expected in the $3–$4.50 range. Should buyers gain strength in the short term, an upside move could gain momentum.”
Record transaction fee efficiency on Avalanche network
The Avalanche blockchain has recently achieved another important milestone in transaction fee efficiency. According to data shared by a user known as RebornAli3N, 96.8 percent of all transactions on Avalanche in the past week involved fees of less than 0.0001 AVAX. This marks the highest efficiency level ever recorded for the network in terms of transaction costs.
Low transaction fees stand out as a significant advantage for users and developers, especially when network usage remains high and congestion increases. The rising share of low-fee transactions over time highlights the effectiveness of the network’s underlying infrastructure.
AVAX One treasury doubles its holdings
Despite price pressures in the broader market, the AVAX ecosystem is registering key fundamental advances. As revealed in early 2026 announcements, AVAX One has doubled its AVAX holdings to 14 million units and generated $2.5 million in revenue through its artificial intelligence and high-performance data center operations. This development offers a new perspective for long-term investors, beyond short-term price concerns.
Operating as a digital asset management and operational revenue entity within the Avalanche ecosystem, AVAX One continues to draw attention with the growing size of its holdings.
Market sentiment remains mixed
Investor sentiment towards AVAX continues to be divided. While some market participants express dissatisfaction with the token’s return to the $9 level despite a short-lived recovery, others highlight Avalanche’s technical strengths such as fast processing, low fees, and seamless confirmations. This signals a disconnect between price action and project fundamentals, prompting more cautious approaches from long-term holders.
Long-term chart and key levels to watch
On a broader scale, the AVAX price remains locked in a prolonged downtrend. The pattern of forming lower highs in recent years, persistent trading below the $20–$30 historical resistance levels, and the $3–$4.50 band emerging as the next major support, all point to the potential continuation of sell pressure. In the near term, as long as AVAX maintains the $9 support, any recovery attempts will be closely monitored. However, a breakdown below this level could lead to new macro lows for the token.
