BENQI Liquid Staked AVAX USD Price & Performance (SAVAXUSD)

VanEck has filed for an ETF that will track Avalanche's AVAX coin, signaling increasing interest in altcoins beyond Bitcoin. This move follows similar filings for Solana and XRP ETFs by major asset managers. Avalanche's market cap stands at $8 billion, reflecting growing institutional focus on cryptocurrency diversification.1

Avalanche (AVAX) has experienced a 27% price drop in the past month, but recent technical indicators suggest potential stabilization. Analysts predict a March trading range of $19.86 to $26.05. The token's future hinges on broader market sentiment and the ability to breach critical resistance levels.2

Avalanche’s price forecasts for 2025-2031 project steady growth, with a potential high of $33.36 in 2025 and $326.17 by 2031. While short-term sentiment remains bearish, analysts highlight the blockchain’s technological strengths as a foundation for long-term value.1