{"id":98934,"date":"2025-09-23T11:12:58","date_gmt":"2025-09-23T11:12:58","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=98934"},"modified":"2025-09-23T11:12:58","modified_gmt":"2025-09-23T11:12:58","slug":"why-is-avalanche-avax-up-today","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=98934","title":{"rendered":"Why Is Avalanche (AVAX) Up Today?"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

AVAX soared by double digits following Anthony Scaramucci\u2019s endorsement and Avax One\u2019s ambitious $700M accumulation plan.<\/span>
\nAnalysts and traders see more upside, with predictions ranging from $50 to over $100.<\/p>\n

<\/a><\/span><\/h2>\n

The Top Performer<\/h2>\n

The cryptocurrency market continues to struggle after the violent correction observed <\/span>on September 22<\/span>, with most leading digital assets maintaining their levels from yesterday or registering mild declines. <\/span><\/p>\n

However, Avalanche (AVAX) defied the ongoing trend by posting a 15% pump on a 24-hour scale. As of press time, it trades above $35, while its market capitalization jumped to approximately $15 billion. <\/span>This<\/span> makes AVAX the 13th-biggest cryptocurrency, surpassing Hyperliquid (HYPE), Chainlink (LINK), and other well-known altcoins.<\/span><\/p>\n

<\/a>AVAX Price, Source: CoinGecko<\/p>\n

The catalyst for that price rally <\/span>appears to be<\/span> Anthony Scaramucci, who has shown support for the blockchain protocol.<\/span> The former White House official will <\/span>lead<\/span><\/a> the strategic advisory board of <\/span>the Nasdaq-listed<\/span> AgriFORCE Growing Systems.<\/span> The company will rebrand as Avax One and aims to accumulate over $700 million in AVAX tokens.<\/span><\/p>\n

\u201cProud to serve as Advisory Chair and see real-world assets, fintech, and insure-tech brought on-chain. The future of finance is programmable, transparent, and digital,\u201d Scaramucci <\/span>posted<\/span><\/a> on his personal X account.<\/span><\/p>\n

In an interview with CNBC, the American <\/span>argued<\/span><\/a> that layer-1 blockchain protocols, such as Avalanche, Solana, and Ethereum, will be \u201cthe future of tokenization,\u201d which might explain why he stepped into that role.\u00a0<\/span><\/p>\n

Subsequently, Scaramucci praised Avalanche for its multi-chain architecture, describing it as \u201ca Swiss army knife of layer-1s that allows a lot of flexibility.\u201d<\/span><\/p>\n

Further Gains Ahead?<\/span><\/h2>\n

Analysts like Broke Doomer and Jesus Martinez believe AVAX has no intention to slow down its pace anytime soon. The former <\/span>thinks<\/span><\/a> the token \u201cis looking good to buy right now,\u201d while the latter <\/span>predicted<\/span><\/a> a rise to a multi-year high above $100.\u00a0\u00a0<\/span><\/p>\n

The X user Henry<\/span>\u00a0outlined<\/span><\/a> that whales have shifted their focus on AVAX and are \u201cgambling like they know something that we don\u2019t.\u201d Specifically, he revealed the case of two mysterious investors who have spent substantial sums to open long positions.\u00a0<\/span><\/p>\n

According to CryptoDoc (Gem Hunter), AVAX may surpass $50 in the near future. \u201cWe HODLing AVAX till Q4,\u201d the analyst <\/span>added<\/span><\/a>.<\/span><\/p>\n

The post Why Is Avalanche (AVAX) Up Today?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR AVAX soared by double digits following Anthony Scaramucci\u2019s endorsement and Avax One\u2019s ambitious $700M accumulation plan. Analysts and traders see more upside, with predictions ranging from $50 to over $100. The Top Performer The cryptocurrency market continues to struggle after the violent correction observed on September 22, with most leading digital assets maintaining their […]<\/p>\n","protected":false},"author":0,"featured_media":98935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-98934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/98934"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=98934"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/98934\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/98935"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=98934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=98934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=98934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}