Avalanche network demonstrates a robust transaction growth with daily volumes reaching a peak on January 8, 2025. However, liquidity remains an issue. The decline in liquidity is notable with a dip in stablecoin market cap from a HIGH of 4.68 billion USD in March 2022 to approximately 1,051 billion USD by late November 2023.

AVAX, the cryptocurrency of the Avalanche network, faces downward pressure as its price drops to 36.46 USD, marking an 18.7% decline within the week. The price nears short-term support at 35 USD, reflecting a cautious sentiment among investors who have scaled back holdings across various segments, indicating a bearish market outlook.