Avalanche’s AVAX Plummets 18% Weekly Despite Heavy Institutional Backing - Here’s Why Markets Aren’t Biting

Avalanche's native token continues its brutal descent, defying Wall Street's vote of confidence as institutional support fails to stem the bleeding.

The Institutional Mirage

Major financial players poured millions into Avalanche's ecosystem, betting big on its subnet architecture and lightning-fast transaction speeds. Yet AVAX keeps carving deeper losses—proving once again that Wall Street's stamp of approval doesn't automatically translate to retail enthusiasm.

Technical Breakdown vs Market Reality

Avalanche's tech stack remains impressive—subnets scaling effortlessly, custom blockchain deployments multiplying. But the market's voting with its wallet, delivering an 18% weekly haircut that stings even the most bullish holders. Sometimes the fundamentals just don't matter when sentiment shifts.

Where's the bottom? Traders watch key support levels while institutions double down on their positions—a classic showdown between smart money and emotional markets. Because nothing says 'healthy correction' like double-digit losses despite nine-figure backing from finance's heavy hitters.