Avalanche (AVAX) is up over 40% since the start of the month. It just broke through resistance and is aiming for higher levels.
The chain is currently the third highest in net flows, with over $120M in total inflows. That’s more than chains like SEI, Sui, and Aptos. Solid numbers showing why the price is pumping, though the 7-day flows are still in the negative.
🐂No, 2025 won't be Solana season again, look at where the money flows.
🔺It's $AVAX time to shine, position accordingly. pic.twitter.com/o35lXPi3O8
— Valentin🔺 (@ValentinRomascu) July 18, 2025
Avalanche (AVAX) Crypto: Heading Toward $50?
Looking at the AVAX chart, it was in a strong uptrend throughout July, peaking around the 18th and 19th. We can see it broke a major resistance and spiked above $24, pushing up from just under $20 earlier this month.
However, AVAX is cooling off slightly, with a minor pullback bringing the price down to around $23.30 at the time the chart was captured. The overall momentum still looks solid, though, and it could keep pushing higher, especially if it finds support above the $22 mark. It’s been a good ride, and even with this dip, it’s still above where it started the month.
How Did AVAX Do It? Stablecoins On Stable Chain
According to a CoinDesk report, Wyoming (US State) is testing its new stablecoin, the Wyoming Stable Token (WYST), for real-time payments to government contractors. They had originally planned to launch it in July, and now they’re putting it into action.
The state is using Hashfire’s Avalanche-based Document Authentication Protocol to show how payments can be made instantly, skipping the usual 45-day wait.
The pilot, which happened last Thursday, was all about showing how vendors can get automated approval for agreements and receive immediate on-chain payments using WYST.
This is all possible thanks to a custom Avalanche blockchain built on AvaCloud’s infrastructure, which allows governments and companies to set up approval processes, compliance rules, and payment instructions directly into smart contracts.
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Key Takeaways
- Avalanche (AVAX) is up 40% this month, breaking resistance and aiming for higher levels, with strong net inflows.
- Wyoming’s real-time payments with AVAX-based stablecoin showcase the chain’s growing use in government and business transactions.
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