Avalanche (AVAX) has experienced a significant 24% increase this week, marking a recovery from its prolonged downtrend. After hitting a low of $17.29 in early August, AVAX surged to $25.25. This upward movement is attributed to reduced token unlocks and increased institutional investments. The reduction in token unlocks has likely alleviated selling pressure, while institutional interest suggests growing confidence in the platform's long-term potential. These factors combined have contributed to the recent price surge, highlighting the dynamic nature of the cryptocurrency market.