Markets
Avalanche faces key test as $23M token unlock meets surging network activity
CoinJournal·July 20, 2026·1 min read
Avalanche faces a critical week as a $23.3 million AVAX token unlock coincides with surging network activity. Daily transactions jumped from 300K to 6.2 million in a year. AVAX must hold $6.32 support to maintain bullish momentum, according to a CoinJournal report. The unlock could shape short-term price action.
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