$AVAX Avalanche (AVAX) has shown bullish momentum recently, buoyed by increased activity in its GameFi sector, where projects like DEXALOT and DFK have been outperforming. The growth in staking—over 36 million AVAX tokens were staked in just the past 10 days—adds confidence, as this reduces circulating supply, potentially driving price appreciation.

In terms of price action, AVAX is consolidating around the $25-$30 level, with analysts forecasting it could reach $30 or even $35 in the short term, driven by ongoing adoption and network growth. However, some caution remains, as AVAX's revenue generation still lags behind other Layer-1s like Ethereum and Solana.

For those looking to buy, a solid entry point could be around $25-$28, aiming for a target price of $35-$37. Given the current price of $35.24, it's reasonable to consider that it's near the high end of its recent range, and could face resistance before moving higher.