Avalanche, the blockchain platform known for its high throughput and low latency, has recently emerged as a leader in on-chain inflows. This significant development raises an intriguing question: Can the native cryptocurrency, AVAX, experience a substantial breakout in price? Investors and analysts alike are keen to explore the potential for AVAX to capitalize on this momentum, especially as the demand for decentralized finance (DeFi) and blockchain applications continues to grow. With increasing interest in Avalanche's capabilities, many are watching closely to see if this could be the catalyst that propels AVAX to new heights in the volatile cryptocurrency market.
source: https://blocknews.com/avalanche-leads-on-chain-inflows-but-can-avax-break-out/