Avalanche Network Activity and AVAX Price Outlook Signals Bullish Momentum

Avalanche is recording stronger stablecoin payment activity as Axiym’s payment volume on the network grew 4.4x over the past year. Axiym processed a record $529 million in Q3, bringing its lifetime payments on Avalanche above $2 billion. Meanwhile, network revenue reached $97,348 over seven days, according to Chainspect. These developments highlight growing network activity as the AVAX price trades near $10.31, with traders watching whether the token can break above key resistance and confirm a potential bullish reversal. According to Avalanche, Axiym’s stablecoin payment volume increased 4.4x over the past year.

Source: TronWeekly