$AVAX is scheduled to unlock about 1.67 million tokens today, worth approximately $13.6 million, while the token price is still hovering around $8.
Here’s the situation: according to the unlock calendars from Tokenomist and Blockworks, these AVAX tokens come from the Avalanche Foundation’s allocation and account for about 0.37% of the circulating supply.
AVAX’s latest reference price is about $8.16, down roughly 1.9% over the past 24 hours. The unlock isn’t especially large, but market liquidity is weak right now, so it’s worth keeping an eye on where the newly unlocked tokens go.
Avalanche is developing a high-performance public blockchain and customized enterprise chains, competing with Solana and Ethereum L2s for applications and capital. AVAX’s value is primarily driven by network fee burns, staking, and demand from ecosystem usage.
The problem is that enterprises adopting Avalanche technology doesn’t necessarily mean there will be significant buying demand for AVAX. Whether business growth ultimately translates into demand for the token depends on actual on-chain data.
Also, an unlock simply removes transfer restrictions; it doesn’t mean the Foundation will sell the tokens immediately.
I’m not planning to buy the dip in AVAX just because it has fallen to around $8. First, I’ll watch for any large transfers to exchanges after the unlock and see whether the price can hold steady.
#CPI前瞻，12月利率走向迎关键考验
Here’s the situation: according to the unlock calendars from Tokenomist and Blockworks, these AVAX tokens come from the Avalanche Foundation’s allocation and account for about 0.37% of the circulating supply.
AVAX’s latest reference price is about $8.16, down roughly 1.9% over the past 24 hours. The unlock isn’t especially large, but market liquidity is weak right now, so it’s worth keeping an eye on where the newly unlocked tokens go.
Avalanche is developing a high-performance public blockchain and customized enterprise chains, competing with Solana and Ethereum L2s for applications and capital. AVAX’s value is primarily driven by network fee burns, staking, and demand from ecosystem usage.
The problem is that enterprises adopting Avalanche technology doesn’t necessarily mean there will be significant buying demand for AVAX. Whether business growth ultimately translates into demand for the token depends on actual on-chain data.
Also, an unlock simply removes transfer restrictions; it doesn’t mean the Foundation will sell the tokens immediately.
I’m not planning to buy the dip in AVAX just because it has fallen to around $8. First, I’ll watch for any large transfers to exchanges after the unlock and see whether the price can hold steady.
#CPI前瞻，12月利率走向迎关键考验
