Avalanche presyoAVAX

Sumitomo Mitsui Financial Group, the parent company of Japan’s second-largest bank, Sumitomo Mitsui Banking Corporation, plans to launch its own stablecoin. The stablecoin project, according to a report published on April 1, 2025 by Nikkei, will be a collaboration between the banking giant and crypto projects Avalanche ( AVAX ) and Fireblocks. Specifically, the report highlights that SMBC is teaming up with Ava Labs, the developer team behind the Avalanche blockchain. SMBC’s reported stablecoin venture follows a prior move in 2024 that involved the Sumitomo Mitsui Financial Group and two other Japanese financial services and banking behemoths, the Mitsubishi UFJ Financial Group and the Mizuho Financial Group. The partners were said to be eyeing a pilot for a cross-border stablecoin transfer venture, set to involve Progmat and Datachain. In the latest report, Nikkei says SMBC will join forces with Japan -based information technology firm TIS. The partnership aims to conduct trials for the new stablecoin project in the fourth quarter of 2025 or early 2026. If successful, live issuance is expected to follow later in the year. SMBC, like other banks turning to stablecoins for improved functionality and instant money transfers, is not new to the blockchain space. In February 2019, the bank’s tech team completed a blockchain proof of concept for payment commitments on Marco Polo trade finance, a platform developed by R3. SMBC was part of a consortium that included Commerzbank, BNP Paribas, Anglo-Gulf Trade Bank, Standard Chartered Bank, and Danske Bank. On the back of the R3 Marco Polo trade initiative, SMBC inched further into the blockchain ecosystem with another deal. It sought to digitize its trade finance offering with a blockchain touch, this time joining hands with Singapore-based Contour in July 2020. These efforts have now evolved into stablecoin development, which is drawing increasing interest across the financial services industry. This includes major banks like JPMorgan and Citi, which have made significant strides using permissioned blockchains.

🚀 AVAX Market Update – Key Levels & Future Outlook 🚀 Avalanche (AVAX) is at a critical juncture, and traders must watch these key price levels to understand both risks and opportunities! 📊 Key Support & Resistance Levels 🔹 Support Zone: $12.49 - $16.75 (A strong area where AVAX has reacted before) 🔹 Resistance Levels: $25, $29, $34, and $42 (Major hurdles for further upside) 🔍 Market Outlook: Bullish vs. Bearish Scenarios ✅ Bullish (Yellow Scenario): If AVAX holds above $12.49, a strong rally towards $89 is possible. A five-wave upward structure would confirm the uptrend. ❌ Bearish (Blue Scenario): If AVAX fails to break $42.20, the price may stay in a downtrend and test lower levels again. 🚀 What’s Next? 🔸 Watch for rejection zones at $29 - $34. 🔸 A strong five-wave rally would confirm a bullish breakout. 🔸 If AVAX remains below $42.20, a deeper correction is likely. 📈 Are you bullish or bearish on AVAX? Drop your thoughts below! ⬇️ $AVAX

🚀 Solana (SOL) Market Analysis – Breakout or Breakdown Ahead? 📊 Solana (SOL) is trading within a tight range between $123 and $127, creating a crucial setup for a potential breakout or breakdown. The market is showing strength, with Bitcoin, US equities, and correlated altcoins like Avalanche (AVAX) providing additional momentum. 🔹 Key Levels to Watch: ✅ Resistance: $128 – A breakout above this level could trigger an uptrend towards $132.5, with further targets at $136 and $141. ✅ Support: $122 – A breakdown below this level could lead to further downside risks. 🔹 Market Outlook: 📈 Bullish Scenario: 🔸 If SOL breaks $128, it could aim for $132.5, potentially filling the imbalance towards $136. 🔸 Market strength from Bitcoin and US equities supports this outlook. 📉 Bearish Scenario: 🔸 A rejection at $128 and a drop below $122 could lead to further downside pressure. 🔸 Watch for any macroeconomic developments that could affect sentiment. 📌 Final Thoughts: The Solana market setup is at a key inflection point—a confirmed breakout above $128 could signal strong bullish momentum, while a breakdown below $122 could lead to further selling pressure. Wait for confirmation before making trading decisions! ⚡ Stay updated & trade wisely! $SOL

🚀 Avalanche (AVAX) Market Analysis – Breakout or Range-bound? 📊 Avalanche (AVAX) has seen significant volatility recently, with a sharp drop following last week's bullish momentum. The question now: Will AVAX break out or remain in range? 🔹 Key Market Insights: ✅ Strong Performance Last Week – AVAX was one of the top gainers. ✅ Recent Drop Resembles an Inverted "V" – A sign of exhaustion? ✅ Volume Up 8.4% – Still relatively high compared to previous months. ✅ Fundamental Catalyst: AVAX-based GUN launch on Binance provided some bullish sentiment. 🔹 Critical Resistance & Support: 🔸 Resistance: $19.7 - $20.0 – Key breakout zone with 30-day VWAP resistance. 🔹 Support: $18.5 - $19.0 – Holding this could keep AVAX stable. 📌 What’s Next? 🔹 If AVAX breaks above $19.7 with strong volume, expect a bullish run toward $21-$22. 🔹 If rejection occurs, AVAX is likely to stay in range ($18.5 - $19.7) for now. 🔹 Caution: With key macroeconomic events tomorrow, a breakout remains uncertain. ⚠️ Final Thoughts: Traders should wait for confirmation before entering long positions. If AVAX breaks above $19.7 with strong volume, a rally is likely. Otherwise, expect consolidation within the current range. 🔍 Stay tuned & trade wisely! $AVAX

🌟History doesn’t always repeat, but in Bitcoin’s case, it sure does rhyme! 📊 The 2023 BTC breakout pattern is eerily similar to what we’re seeing in 2025 right now! The falling wedge breakout, retest, and explosive move upwards—it’s all happening again! If the trend continues, Bitcoin could be gearing up for a parabolic rally like we saw in the last cycle. Why This Matters: 🔹 Identical market structure – BTC has followed a similar breakout pattern after accumulation. 🔹 Institutional interest – With Fidelity, BlackRock, and Tether accumulating, liquidity is flooding in. 🔹 Macroeconomic factors – With the Bitcoin halving already behind us, supply is tightening while demand is rising! 🔹 Price Projections? If history repeats, Bitcoin could be on its way to $250K+ or even higher! 🚀 What Should Traders Do? ✅ Stay updated on market trends and watch for confirmations. ✅ Prepare for volatility—parabolic moves come with price swings! ✅ Long-term holders (HODLers) may benefit the most from this cycle. 💡 **Bitcoin is following the same path as before. The big question is—**are you positioned for it? Let’s discuss! 👇 $BTC $ETH $XRP $SOL $DOGE $SHIB $LTC $BNB $ADA $AVAX $PI