Avalanche TVL Rebounds After Three-Month Decline

After a persistent downtrend since early January, Avalanche's TVL showed a notable rebound in April, climbing back above $1.2 billion

Avalanche’s (AVAX) Total Value Locked (TVL) has shown signs of rebounding in April, data from DeFiLlama shows.

The chart above shows that the bulk of Avalanche’s TVL has been steadily declining since early January 2025.

The TVL started 2025 at over $1.5 billion, but by late March 2025, it dipped below $1.1 billion. This decline coincides with the broader risk-off sentiment in crypto markets.

However, recent data suggests that the TVL might be showing signs of recovery. At press time, Avalanche’s TVL stands at over $1.2 billion.

This recovery could be attributed to several factors, including the recent uptick in AVAX prices, user incentives, and the reactivation of protocols on the chain.

While still lower than the Q4 2024 highs, the bounce marks the first sign of sustained recovery and could signal a turning point for Avalanche.

AVAX Eyes $30 As Key Resistance Looms

At press time, AVAX is trading around $20, showing signs of recovery after hitting March lows of $16.

Technically, the $30 level remains a psychological and structural point of resistance for AVAX, as it was last tested in early February 2025 and again during multiple rejections in mid-2024.

Source: TradingView

The chart above shows that AVAX is breaking out of its short-term downtrend.

For a decisive move toward the $30 mark, bulls must clear the resistance zone between $24 and $26.

If momentum holds and AVAX reclaims the $26 level, a push toward $30 becomes achievable.

That said, a period of short-term consolidation is likely before any potential breakout occurs.