Around $180 million worth of Avalanche has been transferred to Coinbase over the past six months, raising concerns about sustained selling pressure. The crypto community reacted with skepticism and frustration, with some users pointing to large transactions as a main reason behind AVAX's weak price performance. Avalanche is trading around $9.07, down 3.
Second rejection from the $9.6 supply zone cemented the short-term range formation in place.
Avalanche trades at $9.04 with neutral RSI at 47.88. Technical analysis suggests potential test of $9.65 resistance or drop to $8.61 support within 1-2 weeks.
Avalanche (AVAX) trades at $9.38 with neutral RSI suggesting potential rally to $10.35-$12.50 resistance if momentum builds above $9.63 breakout level within weeks.
CME Group plans to start 24/7 cryptocurrency futures and options trading on May 29 at 4:00 p.m. CT, pending regulatory review. Trading will run continuously on CME Globex with a two-hour weekly maintenance window, while weekend trades will carry the next business day's trade date.
Institutional momentum around Avalanche has failed to translate into price support, with AVAX extending its losses.
CME Group is set to broaden its crypto derivatives lineup with the upcoming launch of futures contracts for Avalanche (AVAX) and Sui (SUI).
CME Group is expanding its cryptocurrency derivatives lineup with the addition of Avalanche (AVAX) and Sui (SUI) futures, marking another step in the exchange's push deeper into the digital asset market as institutional participation continues to broaden beyond Bitcoin.
Institutional demand for regulated derivatives is driving fresh momentum in cme crypto futures as CME Group prepares new contracts tied to fast-growing layer-1 networks. CME Group, the world's leading derivatives marketplace, plans to expand its suite of Cryptocurrency derivatives with new Avalanche (AVAX) and Sui (SUI) futures. The products are scheduled to launch on May 4, pending regulatory review, extending the exchange's coverage of high-growth digital asset networks.
CME Group drops major news. The derivatives giant said it's listing avalanche (AVAX) and sui (SUI) futures contracts starting May 4, 2026, marking another big push into regulated crypto trading with round-the-clock access coming later that month.
AVAX Price Prediction Summary • Short-term target (1 week): $9.50 • Medium-term forecast (1 month): $8.80-$10.00 range • Bullish breakout level: $9.77 • Critical support: $8.
CME Group announced Tuesday it will list avalanche (AVAX) and sui (SUI) futures contracts beginning May 4, 2026, as the world's largest derivatives marketplace continues building out its regulated crypto suite ahead of a planned 24/7 trading launch later in the month.