$AVAX is being targeted by Wall Street, with the weekly rebound doubling. Institutional tokenization tests, New York Life putting it on-chain, and Aave institutional lending are all pushing it. On the technical side, it has broken through a big falling wedge again; the target looks like 12–13.
In terms of rotation, when AVAX runs, $JOE as Avalanche’s largest native DEX will most likely follow. It’s like back then when SOL was pumped and RAY followed—plus JOE’s float is smaller, so it tends to pop harder. But JOE’s volume hasn’t picked up yet: TVL is about $9.05M, 30-day trading volume $5.85M, and annualized fees $1.02M. Funds haven’t rotated over yet, so we can only call it a setup. Once AVAX stays strong and liquidity overflows into ecosystem tokens, JOE’s upside elasticity will come out.
So just be patient and keep watching AVAX—if it keeps running, JOE still has a chance.
In terms of rotation, when AVAX runs, $JOE as Avalanche’s largest native DEX will most likely follow. It’s like back then when SOL was pumped and RAY followed—plus JOE’s float is smaller, so it tends to pop harder. But JOE’s volume hasn’t picked up yet: TVL is about $9.05M, 30-day trading volume $5.85M, and annualized fees $1.02M. Funds haven’t rotated over yet, so we can only call it a setup. Once AVAX stays strong and liquidity overflows into ecosystem tokens, JOE’s upside elasticity will come out.
So just be patient and keep watching AVAX—if it keeps running, JOE still has a chance.
