AVNT outperforms HYPE and ASTER, after a 27% single-day increase, it is stuck at a key resistance zone. Who can continue to strengthen in the DEX track?

AVNT1,54%

January 26 News, the decentralized derivatives protocol Avantis token AVNT surged against the market trend, with a daily increase of over 27%, significantly outperforming peers HYPE and ASTER. Capital and activity are gradually flowing back into some DEX tokens, but AVNT’s rise is encountering key technical and structural resistance.

On-chain data shows a clear rebound in AVNT network activity. The average trading volume has returned to the high levels seen in late December 2025, with daily transaction counts exceeding 1,400. Over the past five days, large addresses have continuously accumulated this asset, driving increased participation in the Asian market. Meanwhile, the user base of the Avantis ecosystem has exceeded 65,000, with total value locked surpassing $104 million, indicating genuine funds are entering its derivatives system. The protocol holds approximately 75% of the derivatives market on the Base chain and has integrated with over 25 mainstream wallets, enhancing accessibility and liquidity depth.

Price movements are resonating with on-chain data. AVNT has broken above the previously sustained one-month descending wedge pattern, with MACD momentum continuing to expand, and volatility indicators remaining in low ranges, suggesting the trend still has room to extend. However, the short-term price is approaching the critical $0.36 level, which is both the opening price of the year and a previous area of heavy trading, now turning into a clear resistance zone.

If buying pressure cannot sustain growth, AVNT may oscillate within this range, awaiting new capital inflows. The short-term structure leans bullish, but on a monthly scale, the trend has not fully reversed. For investors focusing on the DEX sector and AVNT price movements, the key will be whether it can break through and hold above $0.36 with increased volume; otherwise, this rally is more likely to enter a consolidation phase.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Why is Bitcoin up today? “Alireza” opens direct negotiations, and Trump demands that Iran “immediately” stop tanker fees

Bitcoin’s official rise today reached $71,800, mainly because Israel and Lebanon have begun direct negotiations, reducing market concerns about an Iran ceasefire agreement. In addition, a weaker US dollar and continued buying by institutional investors also pushed prices higher. On the technical side, Bitcoin’s key support levels are $68,500 to $70,000. A break above $76,000 to $78,000 could prompt another test of $80,000 to $85,000.

MarketWhisper10m ago

Gold falls to $4,758, the BTC Volatility Index drops 1.77%, and WTI crude oil rises 0.44%

April 10, gold and silver prices fell slightly, trading at $4,758.37 per ounce and $75.165 per ounce, respectively. The Bitcoin Volatility Index (BVIX) dropped to 44.36, and in the foreign exchange market, the U.S. dollar rose against the offshore yuan and the Japanese yen. Major European stock indexes generally declined, while WTI and Brent crude oil rose slightly. The Gate platform supports trading a variety of financial market products.

GateNews16m ago

Israel agrees to negotiations with Lebanon, US stocks rally, and Bitcoin briefly spikes to 73K

Israeli Prime Minister Benjamin Netanyahu agrees to hold direct negotiations with Lebanon. This news boosts gains in the U.S. stock market’s S&P 500, while oil prices fall. Bitcoin’s price briefly rose to 73K; market sentiment improved slightly, but overall it has not fully rebounded. Trump urged Iran to stop its attacks to facilitate negotiations, but shipping through the strait has not improved yet.

ChainNewsAbmedia1h ago

BTC 15-minute drop of 0.42%: Large-amount net outflows and geopolitical risk-off sentiment weigh on the short-term market

From 22:30 to 22:45 (UTC) on 2026-04-09, the BTC price briefly dipped within a 0.46% amplitude range. The return was recorded at -0.42%, and the price fluctuated between 72,298.3 and 72,631.6 USDT. During this period, market attention warmed up. Trading volume for short-term active orders increased alongside heightened volatility, and overall sentiment turned cautious. The main driving forces behind this unusual move were net outflows of large exchange funds and a liquidity bottleneck. On-chain data shows that over the past 24 hours, the BTC exchange large-net-outflow amount reached -559.08 BTC, directly reflecting institutions and Large Investors

GateNews2h ago

XRP Whales Accumulate as Ripple Executives Head to Key XRPL Event in Japan

XRP has gained 5% from a support level of $1.28 due to increased whale accumulation, with large holders now buying over 11 million XRP daily. Ripple executives are attending a significant XRPL event in Japan, though broader market sentiment remains cautious amid geopolitical tensions.

CryptoNewsFlash4h ago

Onchain Perp DEX Volume Falls for Fifth Straight Month as March Drops to $699B

Onchain perpetual futures trading has sharply declined for five consecutive months, with March 2026 volume dropping to $699 billion from a peak of $1.36 trillion in October 2025. Hyperliquid dominates the market, capturing 34% of recent trading activity.

CryptoNewsFlash4h ago
Comment
0/400
Erikmsvip
· 01-26 08:00
kkkkk
Reply0