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Cryptocurrency News Articles
Avalanche (AVAX) crypto is gearing up for a mega price rally to $30 as new Mapestory n GameFi launch beckons
May 02, 2025 at 01:05 am
Avalanche's native token AVAX Price Volume in 24h Price 7d is once again commanding market attention
Avalanche crypto is heating up once again as the launch of MapleStory N draws near, potentially setting the stage for a mega AVAX price rally to $30. Here's everything you need to know.
Avalanche's native token, AVAX, has been grabbing attention following its breakout above the critical $20.40 resistance.
The token briefly touched the $22.40 level before consolidating near $21, showcasing strong buying pressure at higher prices.
However, despite a 23.62% dip over the past 30 days, AVAX's market cap currently stands at $8.8 billion, and analysts are already predicting a potential surge to $50 by May.
Moreover, Avalanche's ecosystem is hotter than ever, with a Total Value Locked (TVL) of $1.29 billion, a 6.8% increase from $1.19 billion earlier this month.
Bankless: "Avalanche is in a league of its own right now. It's got the L1 with excellent throughput and low gas, a thriving DeFi ecosystem with over $1.2 billion in TVL, and a flagship game launch with MapleStory N set to bring in millions of users.
The post Avalanche Crypto Gearing Up For Mega Rally To $30 As New Maplestory N GameFi Launch Beckons appeared first on 99Bitcoins.
This move is also being supported by substantial trading volume and a textbook bull flag pattern on the charts, which signals a potential trend reversal after months of consolidation.
Technical support now holds at $19.50, with $25 in sight as the next upside test.
Avalanche Crypto Pushes High With GameFi Hopes
MapleStory N, a Web3 revival of Nexon's legendary RPG franchise, is officially launching on May 15 on Avalanche's newly deployed Henesys subnet.
The Launch Countdown has just started.
✦ Get ready to mint your new story, MapleStory N https://t.co/gO5C7z97qI #MapleStoryN #MSTOPoN #AvalancheChain pic.twitter.com/ihU8ZXVAEl
— MapleStory Universe (@MaplestoryU) May 1, 2025
This isn't just nostalgia-driven GameFi fluff; MapleStory N boasts nearly 1 million registered wallets and over 31 million on-chain transactions from its test phase—impressive adoption metrics that far surpass the average Web3 game rollout.
More importantly, this isn't a side experiment; it's the flagship launch in Nexon's MapleStory Universe, which pivoted from Polygon to Avalanche last year for scalability and performance.
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What makes this matter for AVAX holders?
Firstly, Avalanche benefits from network-level value accrual. Unlike many L1s hosting generic GameFi projects, Avalanche's custom subnets like Henesys allow gas fees and transaction activity to support AVAX economics directly. As activity on Henesys ramps up, AVAX demand for staking and gas could rise in tandem.
Secondly, this is a rare intersection of mainstream gaming IP and crypto-native infrastructure. MapleStory isn't a DeFi farming simulator; it's a globally recognized franchise with over 250 million lifetime players, now offering tradable on-chain assets via Avalanche's infrastructure.
So, if successful, this could redefine Web3 gaming benchmarks and spotlight Avalanche as the go-to chain for legacy gaming studios.
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AVAX Price Shifts Bullish: Everything to Know
Price-wise, if AVAX maintains its current bullish structure and volume trajectory, the $27 resistance becomes a short-term breakout zone. A clear flip of that level could ignite a move toward $30-$33, especially if macro sentiment remains supportive and Bitcoin stays buoyant above $60k.
Looking further ahead, a parabolic rally to $50 in May isn't impossible, but would likely require both a MapleStory blowout launch and a broader altcoin surge.
However, analysts are now expecting the $24-$28 range to serve as the average trading corridor for May, with dips below $18 presenting potential accumulation zones.
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Chasing dreams under the Cypriot sun, Alex is an up-and-coming writer focusing on the more degen side of the crypto market. Always on the lookout for the next hot narrative, meme coin pump, or meta trend. Alex has been actively covering crypto news and prices since 2023, and aims to bring a fresh perspective to the rapidly evolving world of blockchain and Web3. When not writing about the latest Bitcoin
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