Main reasons for interest in AVAX:

1. Significant growth in 2024: Avalanche has doubled in value in recent periods, going from US$ 22.59 to over US$ 44. This recovery trajectory reflects strong market momentum, suggesting that investors are optimistic about the project.

2. Short-term target (US$ 57-60): Experts point out that AVAX has a good chance of overcoming nearby resistance (US$ 48) and reaching between US$ 57 and US$ 60 by the end of 2024. This indicates good appreciation potential over a relatively short horizon short.

3. Long-term projections (US$ 100+): For 2025 and beyond, analysts expect appreciation to continue, potentially reaching or even surpassing US$ 100, as the Avalanche ecosystem expands and consolidates its relevance in the decentralized finance market ( DeFi)