Avalanche (AVAX) is gaining traction, with a 1.82% price increase in 24 hours. Key points:

- Institutional interest, including BlackRock's BUIDL fund, is fueling bullish momentum.
- Technical indicators suggest a potential rally to $150, with ascending consolidations since 2021.
- AVAX must clear the $44 resistance level to reach the short-term $50 target.
- Holder data shows 70.41% of addresses are profitable, with clusters of profitable holders accumulated between $12.98 and $27.67.
- Analysts predict a breakout above $44 could trigger significant price movement, with a potential 13.62% upside to $50.