Avalanche tested critical support levels as the SIERRA launch sparked ecosystem interest, leading to a market structure shift higher. AVAX bounced off six-month lows near $14.64, now trading at $15.66. Institutional interest surged with RWA adoption, Chainlink, and Hedera. The new SIERRA token yield model introduces fresh capital incentives.

Avalanche’s native token AVAX trades at $15.64, marking a 31.25% drop from its monthly high of $22.37. Support at $15.02 has survived six tests since November, with technical indicators suggesting oversold conditions may be nearing exhaustion. Will AVAX defend the critical support zone, or succumb to renewed selling pressure?