Avalanche is gaining new attention as it strengthens its position in the crypto realm. The network has recently added PayPal USD, and with it, a credible dollar-backed stablecoin to its fast and secure network. This action, along with a key technical breakout, is spelling growing momentum for AVAX.
At the time of writing, AVAX is trading at $34.56 with a 24-hour volume of $3.87 billion and a market cap of $14.60 billion. The token’s price has risen 5.24% in the last 24 hours, signaling renewed energy.
Avalanche has made a key announcement with PayPal USD (PYUSD) being operational on its network by means of LayerZero Labs. The initiative brings a secure,dollar-backed stablecoin to Avalanche’s network with the vision to bring fast-speed payments to life that are secure and can scale globally.
Avalanche is building the rails for global payments.
— Avalanche
Now, PayPal USD (PYUSD0) is live on Avalanche through @LayerZero_Labs, bringing a trusted, dollar-backed stablecoin onto rails built for speed, security, and scale. pic.twitter.com/283ZkzkUG2(@avax) September 18, 2025
The announcement is evidence of Avalanche’s growing contribution towards creating infrastructure aligned with the next generation of digital finance.
To further add to the excitement, a well-known crypto analyst, CRYPTOWZRD, noted that AVAX had stayed unchanged in a range for seven months and has only broken out of it now. He cited an Ascending Triangle breakout and said it is possible now that the next stop is $54. Dips are buying opportunities, as per him, as momentum shifts towards AVAX.
The powerful combination of new adoption and technological expertise is positioning Avalanche for its next move in the crypto space.
Also Read | PayPal USD Now Available on Stellar with 10M+ Accounts and Global Access
The RSI is at 64.26, reflecting growing strength, but has not yet reached overbought levels. The MA Ribbon shows main levels at 23.31, 27.08, 29.74, and 31.12, and has a price going through the majority of them. This is a signal that bulls are gaining the upper hand as AVAX picks up more speed.
Viewing the MACD, the main line is at 1.45 versus the signal line at 1.10, while the histogram stands at -0.35. The plus crossover is an indication of increasing bullish pressure. This configuration is a signal that AVAX can further its uptrend if momentum keeps gaining strength.
Also Read | Cardano (ADA) Gets Massive Exposure as OpenBank Rolls Out Powerful Integration
Also read: $ASTER TGE Day-One Performance Shines: Exclusive Aster DEX Launch Drives $371 Million Trading Volume and nearly 330,000 New Users
