Avalanche Card Launch Sparks Bullish Momentum for AVAX

The Avalanche Foundation has unveiled the innovative Avalanche Card, a payment solution that links directly to self-custody wallets with zero conversion fees. Built in partnership with Rain and Visa, the card is designed to mainstream crypto payments and support global crypto adoption. This development comes at a time when AVAX is showing clear signs of a technical breakout after a prolonged correction phase. Notable technical indicators, such as a double bottom formation around the $16 support level and bullish RSI divergence, support the potential for a price reversal. Additionally, the increasing institutional interest, evidenced by strategic moves from players like BlackRock, Securitize, and Citibank, adds significant weight to the bullish outlook. With current market analysis indicating that AVAX could surge over 106% in the short term and possibly retest the $40 mark, investors are increasingly optimistic about the coin’s prospects. The integration of real-world utility into the Avalanche ecosystem through the Avalanche Card may redefine daily crypto transactions and further amplify the altcoin’s rise.